What Is the Minimum Number of Shareholders in a Corporation?
In order to become an S corporation, the corporation must submit Form 2553 Election by a Small Business Corporation signed by all the shareholders. See the Instructions for Form 2553 PDF for all required information and to determine where to file the form.
Can a corporation have more than 100 shareholders?
Have no more than 100 shareholders. Have only one class of stock. Not be an ineligible corporation (i.e. certain financial institutions, insurance companies, and domestic international sales corporations).
