Legal Questions: Do you support LLCs?
Updated 01 September 2022
No, we currently only support Delaware C-Corps for the following reasons:
Because corporations need additional paperwork and a more formal structure, some founders might think LLCs are simpler than corporations. Fortunately, Capbase takes care of all the paperwork and compliance requirements involved in forming a Delaware corporation for you.
The majority of investors prefer to invest in this kind of entity, so if you're looking to raise money from investors, you might want to consider setting up a DE C-Corp instead.
Lawyers, prospective business partners, and potential acquirers for your startup all have a solid understanding of the Delaware General Corporation Law.
The general rule is that you should incorporate as a C-Corp in Delaware as soon as possible if you anticipate needing to do so at some point in the future. From previous experience, conversion from LLC is far more expensive than initial incorporation.
Get in touch to learn more about Capbase or schedule a call to setup your brand new Delaware C Corp on Capbase! Do you already have a company incorporated elsewhere? Not a problem, send us a bit more info and we'll chat more about your specific needs!
If you cannot find the answer to your question, you can always contact us.