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What is an S corporation and does S-Corp status help a company? Find out in our infographic below.
You can read more about S corporations on our What Is a Delaware S Corporation? page.
THE AUTHOR OF THIS BLOG ARTICLE IS NOT A LAWYER AND HARVARD BUSINESS SERVICES, INC. IS NOT A LAW FIRM. THE ARTICLE ABOVE IS NOT INTENDED AS LEGAL ADVICE AND SHOULD NOT BE TAKEN AS LEGAL ADVICE. THIS SHORT ARTICLE IS STRICTLY TO MENTION SOME ASPECTS OF DELAWARE’S CORPORATION LAWS AND/OR LAWS RELATING TO OTHER FORMS OF ENTITIES WHICH YOU MAY NOT BE FAMILIAR WITH. WE RECOMMEND THAT YOU CONSULT WITH A LAWYER BEFORE FORMULATING A STRATEGY WHICH WILL BE SUITABLE FOR YOUR SPECIFIC CASE.
There is 1 comment left for Anatomy of an S Corporation [INFOGRAPHIC]Jonathan K said: Wednesday, June 6, 2018
Greetings, Insofar as the disadvantage "cannot own shares in another S-corp" does that apply to an individual S-corp shareholder, the S-corp or both? Thanks in advance for your clarification and for the superb infographic. Best regards, JonathanHBS Staff replied: Monday, June 11, 2018
A shareholder is free to invest in any type of entity he/she would like to invest in; thus, a shareholder can indeed be a shareholder in multiple entities. It is the S corporation itself that cannot be a shareholder.