What are some of the best services that I can use to setup a Delaware based C-Corp?

I just came across Stripe Atlas and I’m not sure if that’s a good service or not.

I am working on a startup that’s getting pretty serious. We are US (CA) based and we are complete novices when it comes to all legal matters.

Any tips/advise would be much appreciated!

  • darbywong@alien.topB
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    1 year ago

    At what point in time would they need to go to an attorney, and

    Clerky co-founder here — worth noting that using Clerky and working with an attorney aren’t mutually exclusive. A lot of startups use us with their attorney. You’d just have your attorney review the information you’re putting into Clerky, which is super quick (and thus cheap).

    In general, I’d recommend working with a startup attorney (with or without Clerky) if you need legal advice. In the US, only law firms can provide legal advice. If you’re ever unsure about whether you need legal advice or not, feel free to reach out to us and we can give our thoughts, even if you haven’t used Clerky yet. We’re also more than happy to help recommend startup attorneys if needed!

    would attorneys be ok running with what atlas/ clerky has done?

    My experience is that nearly all good, experienced startup attorneys are pretty comfortable with working with startups that formed on Clerky. A huge percentage of YC companies form on Clerky and that would not be happening if we were causing problems for them. Where we usually see friction is with attorneys that work more with regular small businesses than actual startups (e.g. attorneys that aren’t spending most of their time on VC financings).

    BTW if you use Clerky and run into issues working with a lawyer later on, please definitely reach out and we’ll do our best to help however we can. With the wrong attorneys, there can often be some confusion or misinformation, so much so that we’ve put together some help center content on what to do in that situation.

    adding a cofounder later

    raising money from friends and family

    raising money with institutional investors

    adding an advisor

    We (Clerky) have products for all of this, but worth noting that the fundraising products are for convertible notes and safes. If you’re doing an equity financing, you’ll want to work with a startup attorney (there’s no good online service for this that I’m aware of).

    contracts with workers in a different country

    A lot of startups use our hiring products for this. It’s worth noting though that the forms were designed for U.S. workers, so it is possible that there are some countries where you would want to make modifications. The best thing to do would be to work with a startup attorney, who would probably need to reach out to colleagues in overseas offices or else find a firm in the worker’s jurisdiction to consult with. That can get expensive though, of course. There are PEOs out there that solve this problem (though from what I hear, with varying degrees of legal quality), for a price.

    subsidiary in a foreign country

    Definitely work with a startup attorney on this. There is no way to do this safely with any online service (though Clerky could be used for bits and pieces of the overall process).

    • Infinite-Tie-1593@alien.topB
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      1 year ago

      Wow! Appreciate a cofounder replying to my queries! I am sold. They only reason to start without an attorney is being frugal initially (being frugal is not being cheap 😀) and get an attorney when funds are there. Or if I can find an attorney who can defer getting paid till we raise funds.