Are the shareholders of privately held S corporations public record?
The title says it all. I want to know if S corporation owners (shareholders) are public record or not. I want to make an S corporation, with myself as the soul shareholder, and registered agent, so I could write novels in complete anonymity. The corporation would hold the copyright and get the checks, I would just write and be paid by the corporation like a true ghost behind the books. However if shareholders are public record, than this would be pointless.
If you know- then please share as many details and links as possible.
- Nuff SedLv 78 years agoFavorite Answer
You do not have to have your personal name on any public documents. You can hire an attorney to file the corporate documents, naming the law office as registered agent. There is no obligation to disclose names of shareholders, but directors and officers may have to be on the filings. You can nominate a strawman director, appoint a strawman president, file the papers and then hold a "board meeting" and change who is a director and who is an officer. Many states require updated filings when there is a change like that, but you're not obligated to file your incorporation in that state. Just find one to your liking and file there.
I have had many clients who are "Nevada" or "Delaware" corporations, having never even been there, let alone carried on any business there, other than filing the incorporation paper and fees.
Add: I think @Dan is a little confused when he talks about "officers" and "owners" which are completely different concepts. The shareholders are the owners and there is no obligation that any of them be officers, nor any obligation for any officer to be a shareholder. So, even if you own all the stock, your name doesn't have to be on any public papers.
- Anonymous6 years ago
NO. Stock holders of corporations are not public. Officers and Directors are listed. If you are an officer of a corporation, your information may be listed. However, if you want to stay anonymous, hire a registered agent. The Registered Agent name or Registered Address is a public record available from the Secretary of State web page. You may also think about organizing a LLC instead of a Corporation. Some states such as New Mexico, do not list the Members or Managers name. The only name listed on a New Mexico LLC is the Registered Agent.
- Dan HLv 78 years ago
The shareholders are usually not public record. However, the registered agent is public information as is any information on the corporation application, including the officers of the corporation, of which you would be one as you are the sole owner of the corporation.
It's really difficult to be a public figure (a successful novelist) and remain anonymous these days. Using a pen name might make it happen, but someone has to pay taxes on the profits.
- jarvieLv 44 years ago
somewhat to blame of no longer understanding your government rules there, yet in my protection I even have adequate bones to %. with my own government. There are quite a few procedures of having issues achieved, having massive quantities of wealth, brute rigidity, blackmail, having some thing somebody else needs, bribery, some different trivial issues and then there is premier by using occasion. till you have some grand scheme, what are you able to do different than according to possibility initiate an extremely long petition to band public restroom use: Protest with very a lot of others, make a stand, be heard! ask your self first nevertheless "WHY" might your government enable such airborne dirt and dust, an act that pollutes, and so on.? My first theory may be it is "one" way the "human beings of the government" suppress the hundreds (lead them to decrease classification than themselves). in the experience that your going to get followers think ofyou've have been given to have some thing to motivate them adequate to protest, combat or perhaps in all possibility go through some horrific destiny. without reason, there will be no help.