Comments on: When do I need to incorporate a company?

By: Matt

Matt — Thu, 02 Jun 2011 00:27:22 +0000

VCs very much care about IP. Ownership of IP is ownership of all the products the business produces. If you can't demonstrate a clean IP chain, you risk not being funded, because the business risks being sued by others with claims over your IP.

Double taxation does not matter when you're starting because you're not turning a profit.

By: Omidi

Omidi — Fri, 08 Apr 2011 06:54:02 +0000

Hi Yokum, thanks for your comprehensive articles.

I'm planning to apply for e2 visa so I have to setup c-corp and make investment. Do I have to restructure the corp when I'm raising vc/angel money to reflect new term sheet? Is it ok to use legalzoom.com et al. to keep business setup affordable when applying for visa and then hire a lawyer when raising money, or should I contact a (startup) lawyer from beginning?

By: netlawman

netlawman — Mon, 07 Feb 2011 11:49:32 +0000

The process to incorporate is fairly straightforward.The main steps are acquiring appropriate incorporation forms from the state of your choosing, assembling required documents like corporate bylaws that limit investor liability and submitting forms, documents and required fees. Although the steps are straightforward, business owners seeking to incorporate may seek the assistance of an attorney

By: Growing Pains | The Startup Chronicles

Growing Pains | The Startup Chronicles — Wed, 09 Jun 2010 12:26:48 +0000

[...] case one needs further proof regarding this, if you don’t have to immediately worry about any of these issues, you don’t need to worry about lawyers either. So right now for me, the law is on ice. I will [...]

By: assa stefanel

assa stefanel — Thu, 20 May 2010 17:05:12 +0000

I am Maria Stefanel from Romania and I am interst to startup a subsidiary in Irak guvernorate Babilon and Dywania. Can you help my?? The mother company is in Romani Sibiu county
thank you and i am looking for your answer
maria stefanel

By: Yokum

Yokum — Tue, 20 Apr 2010 03:23:16 +0000

@newbie founder – you will need an attorney to convert your LLC to a C corp.

By: newbiefounder

newbiefounder — Sat, 17 Apr 2010 00:10:27 +0000

Thanks, our principal founder had formed had formed an LLC in New Hampshire for our software product start up company but now we realize that we need to have a C corp. and include all founders in the new incorporation.
Can we convert it to C Corp in Delaware?
How do we go about it?

Regards
Nawroz

By: Yokum

Yokum — Fri, 19 Mar 2010 08:24:58 +0000

@newbie founder – that's entirely up to the five of you to come up with a rationale that everyone can support.

By: newbiefounder

newbiefounder — Thu, 18 Mar 2010 17:55:55 +0000

If only two of the five founders are ivesting cash (all five are investing sweat) ; how should the equity be alloacted? What should be the ratio between cash and sweat?
Aprreciate any help for our software startup in the northeast.

By: Danzr_1

Danzr_1 — Fri, 11 Dec 2009 23:18:42 +0000

` ~ * " ... And most critically and lastly , were you dear soul referring specifically to Zoom.com or to their practices or ilk in general ?