Show HN: Incorporate your startup online with YC's forms (built by two lawyers)

Re:Show HN: Incorporate your startup online with YC's forms ... by sourc3 on Monday March 11, 2013 @01:33PM (#5358261)

Since both founders are living in NY we would have to file in both states and it would be much more expensive. Also, we would have to periodically show some transactions being made in DE to justify our existence there.

Did you have to do something similar while you were filing as NY Headquartered S corp established as an LLC in DE?

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Re:Show HN: Incorporate your startup online with YC's forms ... by tptacek on Monday March 11, 2013 @01:35PM (#5358283)

o.O

We've never had to show transactions in Delaware.

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Re:Show HN: Incorporate your startup online with YC's forms ... by camz on Monday March 11, 2013 @02:42PM (#5358785)

you generally avoid incorporating in states that you don't transact in initially to avoid additional tax compliance and costs that are significant. But, its a case by case situation that depends on business reasons and personal preferences usually.

Legal entities are like "clothes" that need to be changed as a company grows and changes. Nothing ever stays the same forever, so theres a lot to think over.

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Re:Show HN: Incorporate your startup online with YC's forms ... by sourc3 on Monday March 11, 2013 @02:39PM (#5358767)

Thanks! Clearly I need to talk to a couple more lawyers :)

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