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Form a DE LLC (but for god’s sake don’t sign the certificate of formation yourself) and no one will know who owns the entity (other than anyone you tell, of cou
by nocoiner 4y ago
Form a DE LLC (but for god’s sake don’t sign the certificate of formation yourself) and no one will know who owns the entity (other than anyone you tell, of course).
But don’t you have an employment agreement with your employer? An IP assignment? A non-compete? A duty of loyalty? A duty not to usurp corporate opportunities? And I don’t mean a vaguely moral sense of things you should do to be a “team player,” but actual legal duties you owe to your employer.
Talk to a lawyer before you do anything like this. Make sure you’re not offsides.
- Komodai 4y agoDE = Delaware? Or something else?
- nocoiner 4y agoYes, DE = Delaware. An owner or manager of a limited liability company formed in Delaware will appear nowhere in any public records, which is why you see with some frequency fairly uninformed articles about how ackshually Delaware is one of the most egregious tax havens in the world. But Delaware assesses franchise tax at the entity level and organization in Delaware has no effect whatsoever on that entity’s tax obligations elsewhere in the US or the world.