Tagged Questions
0
votes
1answer
52 views
Incorporate company for running a web2.0 website to be used globally
I live in India. I need to start a social networking site here for the indian users as well as spread it to users abroad in USA, Europe, Australia. As of now, I start as a 1-man startup. I need to ...
0
votes
2answers
50 views
Question About C-Corp, Shareholder, and Officer
Person A wants to start a C-Corp in California operating a news website. He is wondering if the following form is legal?
A is the only Shareholder and the only Director owning 100% equity.
A will ...
1
vote
3answers
44 views
Language for Articles of Organization LLC Ownership
I am in the process of drafting the articles of organization for my LLC.
I would like to specify in there, that the ownership of the LLC is specified with units, and LLC members receive a certain ...
1
vote
0answers
39 views
Startup advice on business structure for an international call center
I'm Canadian and living in Canada and I have a professional friend who is American and living in the States. He and I want to start a call center. The operation will be centered around him for sales ...
0
votes
2answers
126 views
Can I incorporate my internet business in California/Delaware without a “physical address”?
I am planning a startup in internet space and I live in California. I do not wish to use my home address as the place-of-business (physical) address in the incorporation documents due to concerns ...
0
votes
1answer
25 views
Can a non-profit entity form a for-profit small business?
Can a non-profit organization with federal tax exempt under section 501(c) form a child commercial company? Of course, the small business is not the main theme of the mother company, just a ...
7
votes
1answer
163 views
Which country to incorporate web startup in?
If we have a web startup originally targetting users from country A, but the majority of users end up to be from America, is it sufficient to have the company incorporated in country A?
Additionally ...
1
vote
4answers
154 views
C-Corp vs LLC. How much more complex?
I am starting a technology business with my 50% partner. We are trying to decide between an LLC and a C-Corp. (We are in Michigan) In our case an S-Corp probably won't work too well. I've read a ...
1
vote
1answer
76 views
Tax Year & Incorporation Question
My partner & I just won $30,000 in a business plan competition. We haven't incorporated yet (and therefore haven't cashed the check). We plan on spending all the money to get the business ...
0
votes
2answers
69 views
What legal documents should I receive after incorporation of a private company?
Few months ago, I started to incorporate a private company in India. Due to legal process overheads, I outsourced the task to a reputed law company.
Now, whole process is almost finished. I want to ...
1
vote
1answer
101 views
What's the cost and paperwork of dissolving a Delaware corporation?
I have been working with my co-founder for the past year and recently we decided to part ways. However, about 2 months ago we incorporated our business in Delaware. Each of us is starting from scratch ...
1
vote
2answers
72 views
Use a law firm to form c corp
Is it necessary to use a law firm to form a Delaware c corp with only 1 owner/shareholder?
Can I just do that myself? even though I live in a different state?
1
vote
1answer
110 views
Reasons not to start as an S corporation for a small professional services firm
My understanding is that an S corporation is the easiest for a new firm, and can always be changed to a C corporation later. What are the reasons not to do it this way?
The firm under consideration ...
1
vote
2answers
140 views
How long does it take for a lawyer to incorporate and organize a startup?
Assuming just the typical documents are made such as shareholder agreement, bylaws, stock purchase agreement, IP agreements, etc.
3
votes
1answer
98 views
Does every account (Paypal, Mailchimp etc.) need to be in the Corporation's name, to make that account belong to the Corp?
Q1. Does every account (PayPal,Sendgrid,Heroku,AWS,Mailchimp) need to be in a company's name to make the company liable for anything that might go wrong, not the founders (to a reasonable degree of ...
0
votes
1answer
59 views
Is it wise to incorporate after beta?
We're two Italian developers, and we're about to release a software technology in open beta. However, we're not incorporated as this is a long-term side project of ours and we're both employed ...
1
vote
3answers
91 views
When do I need to file as a foreign corporation?
We recently formed a c-corp in DE and are currently bootstrapping as we look for outside investment. Since we are currently based outside of DE, we will need to file as a foreign corporation at some ...
2
votes
4answers
105 views
Pitfalls of using an online service to form an S-Corp
My company (or soon to be) is looking at becoming an S-Corp. Right now most of our funds are tied up in the company and we can't really afford to hire an attorney to do the work for us. Can we get by ...
3
votes
2answers
167 views
If my startup buys software code, is the seller or buyer responsible for copyright infringments?
The reason I'm asking is this: I currently run a sole proprietorship. I plan to establish a Limited company in 6 months time. The Limited company will take ownership of all software I produce in the ...
0
votes
2answers
263 views
Can I run an IT services company online, without having a physical presence?
I am located in India. I currently have a full time job and due to financial constraints, I need to continue this. I intend to start a firm that will provide Web Development Services. I need to run ...
4
votes
1answer
246 views
Do you need to “be a company” to make money online?
A friend and I have a great startup idea which we plan to put into action at the beginning of the summer. We've also worked some revenues into our business model by allowing users to pay for some ...
-1
votes
1answer
111 views
as one of the co-founders, can i have an equity and profit share both in mother holding corporation and subsidiary holding corporation?
the funders for my projects plan to put up a holding corporation. this holding corporation is intended to fund feasible projects by various project proponents not only those projects by me but ...
3
votes
2answers
157 views
Do I need to incorporate in the US to run events?
I'm from Germany and want to run small events (around 50 participants) in the United States, which involve the sale of tickets (probably online) and payment to contractors which contribute to the ...
2
votes
2answers
104 views
Which Country is Suitable for Legal Protection in Game Automation Software Development
After reading today's Gamasutra article about Jagex vs Impulse Software, and considering my own academic activities, I suddenly became very concerned with my legal protection.
As such I would like ...
0
votes
1answer
116 views
Cancel Delware LLC to form California LLC?
I registered an LLC in DE (a few days ago). The congratulatory package that I received from the online company registration website says that I might have to register as a "foreign LLC" in the state ...
1
vote
2answers
304 views
Online business and state registration?
I'd like to form an LLC for an online business in a state other than mine (I live in California), but am not sure about the state in which I should register the business afterward. The business will ...
5
votes
3answers
525 views
What does it mean to “do business in state X” if you are an online service?
I am curious, when it comes to incorporating or forming an LLC, a lot of legalese harps on how you need to file papers in the state you're doing business in.
What if your startup
a) does not take in ...
0
votes
1answer
75 views
Can a business registered/incorporated in one province do business in another province?
I've been getting conflicting advice about this, and figure if there's a spot that would know the answer one way or the other, it's onstartups.com
In a nutshell I'm trying to find out if I have to ...
2
votes
2answers
544 views
Where am I “doing business” if I only have a website and I (potentially) sell to companies all over the world?
This is spawned from @Dana Shultz's answer to this question.
from this portion of his answer:
...if you incorporate elsewhere but do
business in CA, you will need to
register in CA, too...
...
2
votes
1answer
72 views
Price vs. long-term potential: how to pick counsel for incorporation?
For those of us who have incorporated a start-up and for those of us who are in the process:
(1) did you hire counsel to handle the initial paperwork (i.e., for the initial founders' stock issuance, ...
4
votes
3answers
544 views
Why incorporate in the US? What about Bermuda and other tax-advantageous countries?
Basically, why should one incorporate in the US? I'm interested in three cases:
1 - Most of the revenue and employees are in the US.
2 - Most of the employees are in the US, but the revenues come ...
2
votes
2answers
568 views
Costs associated with starting an LLC in Massachusetts?
I am going to be starting a LLC business (wedding photography) and I was curious about the associated costs. The business will be registered in Massachusetts. I understand that an exact number may not ...
5
votes
5answers
609 views
Adding Shareholder Vesting after Incorporation — Bum Business Partner
I incorporated with a friend turned business partner, probably giving him too much of the company for the amount of work he was putting in simply because he was a friend. Since incorporation, he has ...
1
vote
2answers
163 views
Web App Business Registration in Canada
I'm getting close to completing my web application and I'd like to start dealing with the business aspects of it (I'm a programmer first and foremost!)
I need to register my business name in Canada. ...
3
votes
3answers
622 views
Cheapest way to llc/merchant account?
My current startup(which consists of two) is going through incorporation, registering the merchant account and hooking it up with Braintree. I saw Jason L Baptiste's interview on Mixergy where he ...
0
votes
3answers
915 views
Set-up Online Store (e-commerce) in USA
We are based in India and wish to set-up online store of Organic Products (Food and Textile) in USA under a brand name. I have few questions about this:
- Do we need to set-up a company there i.e. USA ...
1
vote
3answers
307 views
Wanting to create another startup, should I create another LLC?
I already have one "startup" going, which is my web development job on the side. I have created an LLC for that. I now what to start another startup in a whole other industry. It will basically ...
3
votes
4answers
451 views
Should I incorporate myself, use a high end law firm, or somewhere in the middle?
I am launching a startup (who isnt :) ) and while I am not planning on looking for outside funding, I'd like to leave the option on the table in the event that I catch a tiger by the tail (meaning ...
0
votes
1answer
457 views
Sample contract for vested equity for 4 years in a Hong Kong company
I'm going to join a company as a late cofounder and after negotiation will receive a significant percentage of equity vested every months over 4 years and a small salary. The company is based in Hong ...
2
votes
5answers
322 views
Did you use an incorporation service? What service did you use?
There are a good amount of services that help you incorporate your startup for S Corp, C Corp or LLC, like Incorporate.com and Agents & Corporations. They help you put together the documents you ...
1
vote
2answers
374 views
Foreign Incorporation utilizing USA
I'm a Canadian citizen living in Canada and I've been investigating putting together a US-based corporation. My partner is a US citizen, but it appears that it will be difficult for me to be able to ...
4
votes
5answers
706 views
When should I register a LLC/S Corp?
I currently have a website in beta. I am not earning anything (for now) with this site. It doesn't have terms of service or the privacy policy listed on it.
It appears that some people's opinion is ...
1
vote
3answers
148 views
Already have a INC. but I'm starting a new unrelated business, do I need to incorporate again?
I currently run a travel service that is an S corporation. I will be launching a new online business in the summer that will feature coupons for my local community.
Do I need to file for an LLC for ...
3
votes
3answers
288 views
What is the process required/recommended to convert a website into an LLC?
Given that I have a website that is making revenue, live in California, and would like it to be claimed under an LLC, what is the process to accomplish this? Should I be forming a sole proprietorship ...
3
votes
4answers
2k views
What does it entail to form LLC in Nevada, if I live outside Nevada?
What does it entail to form LLC in Nevada if I live outside Nevada? I would like to benefit from Nevada's tax/business-friendly laws.
I would be the sole founder a software business. The product(s) ...
5
votes
8answers
2k views
Internet startup - Legal terms and company setup
I am working on a internet startup, living in New York City. I am planning to setup a company and I am looking for a good Lawyer to help me with the following:
a) Setup the company (prob Corp)
b) ...
3
votes
4answers
284 views
What are the pitfalls of incorporating *after* launching a new website with partner(s)?
A friend and I are working on a website which we hope to launch before the end of the year. We would like to put off the actual incorporation for as long as possible (legal, accounting, & other ...
5
votes
9answers
2k views
Are LLC and “S Corporation” the same thing? What are the differences?
From what I have read, both LLCs and S-Corps give you the benefits of a Corporation for legal purposes while avoiding double taxation.
However, I can't determine what the difference between the two ...
2
votes
6answers
1k views
Reasonable budget to prepare a shareholder agreement
What's a reasonable budget for forming a proper shareholder agreement in a new start up, formed as a corporation to be owned between 4 founder/shareholders? I understnad there's some variation ...
2
votes
3answers
271 views
Several web projects with different co-founders under one company
I've been working on several web applications of my own. For each web app I have different co-founders and I own more than 70% of each app. I decided to incorporate a company (in BC, Canada) for tax ...
