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I setup a stripe atlas account long time back and they gave me a Delaware inc for $500. It was an impulse decision and i Haven't had much user for it except a

I setup a stripe atlas account long time back and they gave me a Delaware inc for $500. It was an impulse decision and i Haven't had much user for it except a few recurring subscriptions that are enough to pay for $25/mo that svb charges + $500 Delaware annual franchise charges + $300 that greenback charges annually. Let's say if instead of doing that i used your services, are there any cost saving? Just asking since you guys are already here. P.s. I'm a solo founder with no employee in US and at the time I setup the account the only option was inc.

arjawn 6y ago
Hey! Before I can ask this, question for you, are you raising venture capital now or plan to in the future? If so then a C Corp is the right decision! Re taxes, first a disclosure: I am not a tax professional and this is purely information advice Depending on your business and whether or not you have effectively connected income to the US + a physical presence in the US, there might be a situation where an LLC would have tax savings. However, I cant answer this professionally / I'd need more info from you to even give you a high level answer on my side. However, if you DM me on Twitter (@arjmahadevan) I'm happy to see if I can connect you with a resource or CPA who might be able to help you here!