Hi,
I have a small business in Seattle area since 1997. In year 2011, I bring in a investor from China, they take 51% stock share and I have 49% share left. We had a lawyer to make corporation book and issue the stocks, the business changed from S Corp to C-corp because foreign investor.
Now we both agreed, change ownership to 50% to 50%.
My question is, what we need to do to make change ownership to 50% to 50%? a share transfer agreement?, re-issue the stocks? Do we need a lawyer to do this? how much cost?
Thank you in advance.
Eric
I have a small business in Seattle area since 1997. In year 2011, I bring in a investor from China, they take 51% stock share and I have 49% share left. We had a lawyer to make corporation book and issue the stocks, the business changed from S Corp to C-corp because foreign investor.
Now we both agreed, change ownership to 50% to 50%.
My question is, what we need to do to make change ownership to 50% to 50%? a share transfer agreement?, re-issue the stocks? Do we need a lawyer to do this? how much cost?
Thank you in advance.
Eric
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