Are owner/shareholders of a corp. that work for the corp. considered employees? Re Workmen's Comp.,etc.,etc.


Question:


Answers:
no a shareholder is not an employee.

An employee can be a shareholder though.
Not automatically. They have to be registered as employees with your state's Department of Labor.

You can actually have a corporation with officers and not a single employee. We did that with one corporation because it wasn't going to show any income nor sales for about 2 years. Perfectly legal.

Shareholders are just that, owners of the company. You can own plenty of stock in companies and it doesn't make you an employee.

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