I’m in the process of incorporating my startup (Website/app). We have 2-4 founding members (depending on how you count, ownership stakes initially would be something like ~(58-40-1-0.1, with some wiggle room left over) and are looking to attract investors for some startup capital, but we have yet to work out exactly how much we’d need. After discussing with an accountant, it seems like our best options for incorporation are either as a multi-member LLC or an S-corp.
So, two things.
- Any advice on making the decision between LLC and S-corp?
- Initially we were planning on incorporating via Stripe Atlas, but it seems they don’t provide the S-corp option. Is there another service that provides this route, if we choose to go that way?
Startup/VC attorney here. Just messaged you.