What is a stocks par value? What value should I have on my stock?
In Delaware, par-value affects your Delaware franchise tax. It is not necessarily the value at which your stock will ultimately be worth. A company with 3,000 or less shares of stock and would pay $35 per year for the franchise tax, plus a $25 annual fee (total minimum of $60). An LLC will pay $200 per year flat rate. Speak to a financial advisor or tax professional for more information.
