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> Is designed to make conversion to a C Corporation as simple as possible. (We can connect Stripe Atlas users to a lawyer to manage the conversion process with
by philip1209 9y ago
> Is designed to make conversion to a C Corporation as simple as possible. (We can connect Stripe Atlas users to a lawyer to manage the conversion process with discounted, flat-rate packages).
This is the most important part. LLCs tend to be cheaper and more flexible before you raise money, but a C-Corp is basically necessary to raise money. Converting an LLC to C-Corp conversion is often quoted at about $10K from a law firm. With Stripe Atlas, you are set up to make the conversion easily.
- patio11 9y ago$10k isn't the high end, either.
- throw9991999 9y agoAny ballpark figure on how much it costs with Atlas?
- patio11 9y agoStarts at $500. We can't quote a firm price because you can do things in the company (it is your company, after all) which make it more complicated. There are an infinite number of contracts that a company could hypothetically sign, some of which have interesting implications for conversion. Those contracts have to be read and interpreted; that isn't going to be free for a lawyer.