What Is The Difference Between Authorized And Issued Shares Of Stock ?
Authorized shares of stock are the amount of stock that a company is approved to issue. Issued shares of stock are stock that has been issued to an entity. An entity may be a person, another business or certain kinds of trusts. Generally, stock must be issued for capitalization in most states.
Note If you need professional help with "Incorporation Services" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.