Open navigation menu
Resource Center
Documents and records

QSBS documents to gather

A document-first guide to the company, stock, shareholder, and tax records that may support a QSBS review.

7 min read Founders and operators building a QSBS document folder Preparation guide
Overview

The right documents help a qualified professional test the story against records instead of relying only on memory or summary notes.

Key takeaways

What to keep in view.

1

Collect formation, stock issuance, cap table, financing, and tax records in one folder.

2

Use document gaps as review items rather than hiding them.

3

Keep state-level and transaction-specific questions visible for professional review.

Part 1

Company records

Company records help establish the entity history and business timeline. Start with formation documents and any records showing changes to the company structure.

Certificate or articles of incorporation

Board and stockholder approvals

Conversion or reorganization documents

Part 2

Stock records

Stock records help an advisor review how and when shares were acquired. The most useful folder usually includes original issuance documents and cap table history.

Stock purchase agreements

Option exercise records

Cap tables by financing round

Part 3

Financial and tax records

Financial records may be needed to review gross assets, business activity, and transaction history. Keep summaries tied to source documents where possible.

Balance sheets and financing records

Tax returns and accountant workpapers

Sale, merger, or secondary transaction documents

Suggested next steps

Turn the guide into preparation work.

1

Create a shared review folder

2

Label missing documents

3

Ask the advisor which records matter most for the fact pattern

FAQ

Common preparation questions.

How should founders use this guide?

Use it to organize facts, records, unknown items, and questions before speaking with a qualified professional.

What should be done with state-level questions?

List them as review questions for a qualified professional. This guide does not make state-specific tax claims.

Start with a question

Understand the issue before sharing sensitive records.

Use broad facts to learn which QSBS factors may matter, what remains uncertain, and when a qualified tax or legal professional should review the supporting documents.

Preparation only. Not tax or legal advice. QSBS.ai does not provide tax, legal, accounting, investment, or financial advice and does not determine QSBS eligibility.