West Virginia Assignment of Shares

State:
Multi-State
Control #:
US-02842BG
Format:
Word; 
Rich Text
Instant download

Description

An assignment consists of a transfer of property or some right or interest in property from one person to another. Unless an assignment is qualified in some way, it is generally considered to be a transfer of the transferor's entire interest in the interest or thing assigned. Unless there is a statute that requires that certain language be used in an assignment or that the assignment be in writing, there are really no formal requirements for an assignment. Any words which show the intent to transfer rights under a contract are sufficient to constitute an assignment.
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FAQ

You need to do three things in order to start a corporation in West Virginia: appoint a registered agent, choose a name for your business, and file Articles of Incorporation with the Business Division. You can file this document online or by mail, fax, or email. The articles cost $100.

It's not difficult to form an S corporation: First you establish yourself as a C corporation with your state's office of the secretary of state; then you file an additional Form 2553 with the IRS, which converts you to an S corporation.

To form an S Corp in California, you must file Form 2553 (Election by a Small Business Corporation) with the IRS and then complete additional requirements with the state of California, including filing articles of incorporation, obtaining licenses and permits, and appointing directors.

How to Create an S Corporation in West Virginia Step 1: Choose a name. ... Step 2: Appoint an Agent of Process. ... Step 3: Elect Directors or Managers. ... Step 4: File Articles of Incorporation or Articles of Organization. ... Step 5: File Form 2553 to turn business into an S Corporation.

To qualify for S corporation status, the corporation must meet the following requirements: Be a domestic corporation. Have only allowable shareholders. ... Have no more than 100 shareholders. Have only one class of stock.

Choose a business name for your S corp. ... File articles of incorporation. ... Issue stock for your S corp. ... Elect a board of directors and appoint officers. ... Meet other S corp eligibility requirements. ... Obtain an employer identification number. ... Elect S corp status. ... Apply for state and local S corp business licenses.

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West Virginia Assignment of Shares