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Check out valcu.co (founded by a former Gunderson Dettmer attorney). You can set up a venture capital ready C Corp for $19. It also has amazing document automat
by digitaltrees 10y ago
Check out valcu.co (founded by a former Gunderson Dettmer attorney). You can set up a venture capital ready C Corp for $19. It also has amazing document automation tools.
- brianwawok 10y agoGreat, then he gets to pay double tax on all of his side project income - and deal with the fun of things like having a board? If you aren't PLANNING FOR SURE to get investment.. C corp is a pretty awful thing to voluntarily subject yourself to.
- fencepost 10y agoIANAL and don't have a C Corp, but doesn't that depend a lot on how you're being paid? I know "double taxation" is the bogeyman and is undoubtedly an issue in some cases, but for truly small setups of expect taxes to either be passed through S-Corp style or for larger businesses to be low because a lot of income may be offset by expenses (e.g. paying a salary or wage for time spent).