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To user piker's point, most corporate attorneys are licensed to practice where they are and in Delaware, which has become sort of a default, because of the clar
by ci5er 10y ago
To user piker's point, most corporate attorneys are licensed to practice where they are and in Delaware, which has become sort of a default, because of the clarity of their regs and case-law. The deal seems to be: "Let's do business under some rules that both of us understand".
This Central Texas' startup attorney's blog is worth flipping through - and this article speaks to your specific concern:
- http://siliconhillslawyer.com/2013/04/16/should-i-form-my-austin-startup-in-texas-or-delaware/
Net-net: You only need to worry about it if you are raising outside money. And it isn't any particular "Texas is stupid" kind of thing. (Many states are much worse...)