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A comment on "Online Collaboration Goes Legit" - Vermont's new virtual corporations.

Re:"Online Collaboration Goes Legit" - Vermont's new virtual... by felixmar on Thursday December 18, 2008 @06:17AM (#402024)
> But it hasn’t yet made it easy for a group of individuals, located around the globe, to create a persistent legal entity that has the ability to own property, open a bank account and enter into contracts with third parties

Does this mean that a group of individuals who are not US citizens can form a virtual company under Vermont law?

[ Parent | on HN ]
Re:"Online Collaboration Goes Legit" - Vermont's new virtual... by kirubakaran on Thursday December 18, 2008 @11:26AM (#402231)
You don't have to be a citizen to start a regular Delaware company either. You don't even have to live in USA. When I first heard this, I was so impressed and realized how most of the world is Doing It Wrong.
[ Parent | on HN ]