Starting an LLC: Where to begin?
in Business, Accounting & Taxes ·
Since I am currently in the process of incorporating a new business, the question of appointing a director has come up. I am presently a full-time college student. Would I be required to withdraw from my studies entirely, or could I simply take a leave of absence, register for employment to satisfy the requirements, and then return to my coursework?
Furthermore, would I need to officially employ myself as the director and draw a salary, or is it possible for a corporation to operate without having an employee serving as its director? As of right now, no one else would be on the payroll...
Furthermore, would I need to officially employ myself as the director and draw a salary, or is it possible for a corporation to operate without having an employee serving as its director? As of right now, no one else would be on the payroll...