Startup Kit

May 16, 2006

You have a brilliant idea for a product and may even have found the technical resources to build it. You are almost ready to get going – now you need to create a company.

For its simplicity of administration, low taxes and favorable courts most companies incorporate in Delaware. The two most common choices available to you are to create an LLC or a C corp. If the company you are creating is going to be relatively small and you intend to live off of its profits use an LLC. It’s cheaper, easier to administer and you avoid double taxation. If you intend to raise money from VCs and are thinking you may eventually take your company public, use a C corp.

The lawyer I recommend for all business affairs – incorporation, fund raising, M&A, contracts, etc. is Marcus Wilkinson at Shipman & Goodwin. I have used him successfully for all my recent businesses. He is quick, efficient and relatively inexpensive. You can reach him at (860) 251-5937.

If you need an immigration lawyer, I recommend David Piver at Piver Law. You can reach him at: 610-975-4599.

Once you are incorporated, you probably need a good book keeper. I recommend Toni Ann Tantillo – (914) 779-7155.

If you need to outsource your development to a great development team, speak with Mariano Weschsler at Digbang (http://www.digbang.com/formulario.asp). He is in Buenos Aires but speaks English perfectly.

You should now be set, good luck! 🙂

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