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Updated over 5 years ago on .

User Stats

5
Posts
1
Votes
Greg Kousoulis
1
Votes |
5
Posts

Forming a Delaware C-Corp

Greg Kousoulis
Posted

For my startup, I am looking to file as a Delaware C-Corp. I have been looking into what is needed, and I am struggling with understanding certain aspects.

The first thing I am trying to understand is the officer secretary. If I am correct, 1) whoever is appointed can sign legal documents on behalf of the company 2) just about anyone can be appointed as the officer secretary. I am wondering if me being not well-versed in various legal documents, is this a position I should outsource, or are these legal documents fairly standard?

Also, I know there needs to be at least one shareholder. Does this shareholder have to be someone different from the director, and do they have to be a non-owner.