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Entity Selection and Formation

Corporation or limited liability company (LLC) -- which is the best for your business? Let us help you choose based on the features of each form and your particular business needs.  If you are planning on raising venture capital, we will generally recommend that you form your business as a corporation, as some investors are either unable or unwilling to invest in limited liability companies.  The corporate form is also the most familiar type of business entity and makes setting up option plans and issuing equity pretty straightforward.  But we also set up LLCs for our clients, particularly when maximum flexibility in management is desired or there are losses that the owners want to pass through to offset other income. 

Setting up your corporation or limited liability company is not rocket science. But getting it right the first time can save you headaches down the road.  Let us do it for you. Get off on the right foot.

We charge a flat fee of $500 for legal services required for entity formation.  This fee includes:

Corporation

  • Certificate of Incorporation
  • Bylaws
  • Organizational Action of Board of Directors - Appointing officers and issuing stock
  • Stock Certificates
  • State qualifications
  • State securities law filings                     

Limited Liability Company

  • Certificate of Organization
  • Operating Agreement (Manager Managed, 1 Class of Equity)
  • State qualifications
  • State securities law filings

The filings fees charged by government agencies are billed to you at cost, without markup. These filing fees vary based on where you incorporate and the location of your principal place of business.  



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100 Pine Street, Suite 1250, San Fransisco, CA 94111
| Phone: 415-513-5212

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