Read first before selecting your number of shares and par value:
- Authorized Stock represents ownership in your company. For you or anyone else to have an ownership stake in the corporation, shares of stock must be issued.
- Par value is the minimum selling price for a share of stock.
For your convenience, there is a default stock structure you may select of 1500 Shares at a 0 Par Value (NY default is 200 at 0). These values were selected to give your corporation the most flexibility at the lowest cost. You may enter the default stock structure below or make a selection based on your own preferences.