4 ms·
How is this different from forming an LLC? They have almost no administrative requirements.
by lionheart 18y ago
How is this different from forming an LLC? They have almost no administrative requirements.
- olefoo 18y agoActually the Vermont law amends the definitions associate with the formation of legal entities so that Vermont law does not require the filing of paper documents; nor require any member of the company to live in VT. You can see more detail at http://vermontvirtual.org/Vermont_legislation_--_as_passed http://vermontvirtual.org/Vermont_legislation_--_as_passed
- davidw 18y agoInteresting... this seems kind of weird: > If you use a template Operating Agreement that we provide {link to come}, you can establish a company that is based solely (or primarily) on the pooling of time, attention and effort (as opposed to investment of capital in exchange for shares). I wonder what the practical issues are regarding these, like can you get a bank account 'entirely online'? You pretty much need that part too, to have a real company.