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Founded it as a California LLC but your potential VC wants a Delaware C-Corp? For a very small fee they can get your Delaware C corp registration, make sure that you have IP protection and ensure you didn’t make an early bumbling mistakes that you’ll pay for dearly in the next 7-10 years of hard work.
Delaware law requires a board of directors, and these directors are tasked with a “fiduciary duty” to look after the best interest of the corporation. The real question is, “do the founders or operators understand the role of governance and embrace it, or are they trying to intentionally undermine the very notion of governance?”
If inadequate, explore lowering operating or owner costs to free up repayment capacity. Debt Consolidation The Delaware State Housing Authority offers a Small Business Loan Program that consolidates higher-interest short-term debts like credit cards or personal loans into more manageable, low-fixed, longer-term loans up to $100k.
Once we invest in these companies, we can help them become (in many cases) more US-centric, including sometimes changing their legal status to that of a US Delaware C corporation. These “Dual Companies”, companies that often keep operational presence in their home countries, raise 30% more funding than purely domestic startups.
Once we invest in these companies, we can help them become (in many cases) more US-centric, including sometimes changing their legal status to that of a US Delaware C corporation. These “Dual Companies”, companies that often keep operational presence in their home countries, raise 30% more funding than purely domestic startups.
The design studio has a reputation for bold design choices. Headquarters: Delaware. In its 12 years of operation, the company has worked for some of the biggest companies online, including Google, Disney, Slack, Medium, and more. Wolff Olins. Look back at the last two or three decades of graphic design. courtesy of Happy Cog.
And the stakes are high: appropriate registrations and disclosures are key to obtaining tax incentives, avoiding legal penalties and maintaining your reputation among donors and volunteers. In Delaware, Idaho, Indiana, Iowa, Montana, Nebraska, South Dakota, Vermont and Wyoming, youre in the clear. Then there is state legislation.
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