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Expanding on this: can someone recommend resources (books/videos/articles/etc) on holding structures (interested in US and Europe)? This is such a scammy indust
by philfrasty 9y ago
Expanding on this: can someone recommend resources (books/videos/articles/etc) on holding structures (interested in US and Europe)? This is such a scammy industry and Googling only brings you so far. To clarify: I DO NOT want to evade taxes, just separate operational risk.
- JumpCrisscross 9y ago> can someone recommend resources (books/videos/articles/etc) on holding structures (interested in US and Europe)? Get a bottle of Scotch, clear a week-end and grab an annotated copy of Delaware’s General Corporation Law [1]. Read it. Book two hours with a top-tier lawyer. Ask them questions. DE law will give you an overview with which to ask the right questions for across the U.S. Pedantic overkill? Yes. Satisfying if you’re the right personality type? Absolutely. (Caveat: the law is complex and unforgiving. Use this to ask a lawyer good questions versus pretending to be a lawyer yourself.) [1] https://store.lexisnexis.com/products/delaware-corporation-laws-annotated-skuusSku6622 https://store.lexisnexis.com/products/delaware-corporation-l... Disclaimer: I am not a lawyer. This is not legal advice. Do not form a legal entity without speaking to a lawyer.
- briandear 9y agoA side note, has anyone actually ever sued anyone for not having a disclaimer? It seems a lot like don’t use a hair dryer in the shower. “I am suing because some dude on Hacker News suggested..”
- JumpCrisscross 9y agoIt’s more so someone doesn’t think I’m a lawyer, follow my Internet commentary and then come to harm themselves. The disclaimer is my way of saying “I am speaking beyond my circle of competence, but still think what I have to say is interesting.”
- lsiebert 9y agoHow does the annotated copy differ from that provided by delaware itself, (other than cost)? https://corp.delaware.gov/DElaw.shtml https://corp.delaware.gov/DElaw.shtml
- mmckelvy 9y agoI put together an "intro guide" on business structures and tax classifications in another blog post: https://blog.bookandledger.com/topics/business-formation/intro-to-forming-a-business https://blog.bookandledger.com/topics/business-formation/int... It should hopefully be a good starting place for you.