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View Code? Open in Web Editor NEWA checklist for incorporation so you can get back to building your product, fundraising, etc.
A checklist for incorporation so you can get back to building your product, fundraising, etc.
Nice work!
S-corp, C-corp and LLC/LLP are merely tax classifications (IRS form 8832, pdf).
S-corps can always be converted into C-corps.
S-corps are usually less overhead, but VC's typically only invest in C-corps.
LLC/LLP are preferred for pure service / consulting companies that don't need investment.
And, here's some other resources:
Here are the docs: https://www.irs.gov/forms-pubs/about-form-940
I understand CA EDD website should cover SUTA, but FUTA (940) needs to be reported and paid too.
Just wanted to mention when I filed online to get my company's cert of good standing from DE for the california foreign entity registration - I was told the "normal" speed filings are backlogged for months, and even the "24 hour" filing speed option will take a week.
I didn't find out about this until contacting DE support. I ended up upgrading to "Same Day" filing speed for my request - which indeed did get processed same day and arrived in the post a few days later.
Perhaps this should be noted somewhere in the README for others to not make the same mistake I did and just opt for 24 hour or same day filing speed (it was only I think $50 extra) to avoid the huge backlog.
How about adding the notice under California. Here are more details: https://startuplawyer.com/incorporation/25102f-notice-only-in-california
Disclaimer: This comment does not constitute legal advice and does not establish an attorney-client relationship.
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