4 ms·
Does anyone know of a state-by-state comparison of the laws and regulations around forming a business in each state (registration fees, etc.)? This seems like i
by martey 17y ago
Does anyone know of a state-by-state comparison of the laws and regulations around forming a business in each state (registration fees, etc.)? This seems like it would be a useful metric, if one was choosing to relocate based on business environment.
- hooande 17y agoMost funded companies are incorporated in Delaware. Many VCs insist on it. Delaware has positioned itself as "business friendly" with low corporate registration fees and a legal system that favors business interests. YC recommends that all of their founders incorporate in Delware.
- sachinag 17y agoI've told the story before: when I was a VC, a deal almost fell apart because the California Secretary of State rejected the new articles of incorporation after the funding. They didn't like the voting structure for some bizarre reason. Incorporate in Delaware - it's the safest, because they 1) give more leeway to management and 2) the Chancery court there has a ton of caselaw so there are very, very few surprises.