Yes. A Coeur d’Alene Idaho S-Corporations are very strict about who can become an owner/shareholder. In addition, this business entity can only issue one class of stock with a maximum of 100 shares.
Idaho S-Corporations are known for very strict owner/shareholder rules, but it can own almost anything other than another S-Corporation itself.
- S. citizens
- Permanent residents
- Single member LLCs
- Qualified subchapter S trusts
- Testamentary trusts created by a will
- Grantor trusts
- Bankruptcy estates
- Revocable trusts created as part of an estate