Ask HN: What is the best jurisdiction for internationally distributed teams?

Re:Ask HN: What is the best jurisdiction for internationally... by SkyAndSand on Saturday June 04, 2022 @10:42PM (#31627483)

So basically you are a group of non US citizens living in the US and wanted to have a shared entity to do investments? Well I guess then a Delaware C Corp is the logical solution? Did you use Stripe Atlas to set it up?

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Re:Ask HN: What is the best jurisdiction for internationally... by renewiltord on Saturday June 04, 2022 @11:14PM (#31627665)

Yes, right on the money. Though there's a slight natural difference for us to accommodate later participants. Yeah, we used Stripe Atlas, though none of the startups we run are through that. Overall, quite painless to be honest.

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Re:Ask HN: What is the best jurisdiction for internationally... by SkyAndSand on Sunday June 05, 2022 @07:05AM (#31629857)

Awesome, thanks. May I ask why you went with the C Corp and not an LLC? Probably to make it easier for new investors?

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Re:Ask HN: What is the best jurisdiction for internationally... by renewiltord on Sunday June 05, 2022 @11:14AM (#31631703)

Actually, I just checked our Stripe Atlas. Originally intended the C corp so we could bring people in but we were instead advised to just start a new LLC each time if we wanted and that we could have one LLC just be the owner of the other.

So I should correct this. We did end up with an LLC but the C corp would have worked just fine apparently.

Thanks for bringing that up. I'd forgotten.

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