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.
Eligible shareholders
- United States 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
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