In most jurisdictions, all you need to do to legally incorporate is submit your articles of incorporation to the Secretary of State of the jurisdiction in which you want to incorporate and adopt a set of bylaws, and many online companies (and attorneys) will take care of these two things for you for a nominal price.
If your technology startup is a corporation incorporated in Delaware or Washington, then it must have a board of directors.
Founders of technology startups typically pay for their shares at incorporation by contributing intellectual property (“IP”) they have developed and that relates to the business of the startup.
After a technology startup has been legally formed as a corporation, shares of its capital stock need to be authorized and issued to its founders.
In this day and age, choosing a corporate name is no easy task. After you think you have identified the perfect name that embodies everything your new startup stands for, your work has just begun.
You’ve had your epiphany moment, and now you’re ready to form your company and build the next white hot technology startup. But which type of entity should you choose?
Once you have picked your co-founders, the next step is identifying potential advisors and professional service providers who will help shepherd your startup to success.
When launching your technology startup, the people you choose as your co-founders is one of the most important decisions you’ll make. There are many things to consider when picking the players for your team.
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