3 ms·

Yes, but you have to prove that there is a separate Board of Directors which has the ability to hire, fire, pay and supervise you. If you get funded, i think it

by gopi 15y ago

Yes, but you have to prove that there is a separate Board of Directors which has the ability to hire, fire, pay and supervise you. If you get funded, i think its easy to prove

trustfundbaby 15y ago
Where did you get that from? The new rules seem to say that you can do this as a sole proprietor.
- forgingahead 15y ago
  The updated memorandum still talks about the control issue of having an employer-employee relationship. If you can't demonstrate that you can be fired (amongst other things), it doesn't pass the employer-employee relationship. You can be the sole stockholder, but you still need an entity within the company that has control over you - the example they give is a Board of Directors.
  - deleted 15y ago
    [deleted]