Re:Why your startup should be a Delaware C-Corp, not an LLC
by tptacek on Wednesday March 15, 2017 @02:32PM
(#13878549)
... which is roughly how much money it'll cost to have a good lawyer carefully set up a C-Corp for you.
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Re:Why your startup should be a Delaware C-Corp, not an LLC
by pdshrader on Wednesday March 15, 2017 @03:01PM
(#13878794)
Yup. Noting also that incorporation costs are generally a fixed ceiling, whereas the conversion costs are a likely minimum. ;)
Re:Why your startup should be a Delaware C-Corp, not an LLC
by andrew_gust on Wednesday March 15, 2017 @03:00PM
(#13878786)
This is exactly the part of the process that the first iteration of Gust Launch solved. All the paperwork for incorporation and company formation are streamlined and pretty easy to fill out, and included in the monthly cost. So conversion is much, much more expensive.
Re:Why your startup should be a Delaware C-Corp, not an LLC
by Nullabillity on Wednesday March 15, 2017 @03:59PM
(#13879266)
So it's "a few thousand" when/if the need arises vs, at a minimum, $2.4k/yr definitely.
That doesn't sound clear-cut at all.
Re:Why your startup should be a Delaware C-Corp, not an LLC
by andrew_gust on Wednesday March 15, 2017 @04:46PM
(#13879617)
The subscription cost isn't for the incorporation and formation. Being a Delaware C-Corp is just a prerequisite for users, so we include it as the first step.