Re:On Incorporation - Hold Off Until You Have The Cash To Spare
by starkfist on Monday February 22, 2010 @08:02PM
(#1144264)
Doing a quickie LLC then fixing the quickie incorporation later (doing the merger transaction and dissolution of the quickie LLC) can often be more expensive than just waiting to do a C corporation the right way.
It would be interesting to learn these actual costs from a lawyer, or someone who has gone through this process. I've worked at 4 different startups that changed from an LLC to a C corp. I wasn't privy to those costs, but I don't remember anyone being too worried about them.
It would be interesting to learn these actual costs from a lawyer, or someone who has gone through this process. I've worked at 4 different startups that changed from an LLC to a C corp. I wasn't privy to those costs, but I don't remember anyone being too worried about them.