Our documents are crafted by experienced U.S. corporate attorneys. When using other documents found online, those may be from an unreliable source, incomplete. They are also likely the product of venture capital industry groups that don't have founders' best interest in mind and may include inappropriate terms that may hurt your business. With Founder Law Docs, you can rest assured knowing the documents were all crafted to protect and be fair to the interests of founders.

Incorporating as a C-Corporation in Delaware is considered by many as the gold standard for high growth startups. It provides limited liability, ease of use, ease of setup, the ability to issue stock options, and tax benefits upon sale for many qualified small businesses. A majority of Fortune 500 companies are incorporated in Delaware. Delaware is known for its business-friendly approach, their laws are flexible for founders and shareholders. There’s a body of corporate and business law in Delaware where many court cases have already been tried, so businesses have more certainty about how different legal disputes will turn out. Startups and other corporations value that certainty. Venture capital firms and angel investors may require companies to be structured as a Delaware corporation as a condition of funding the company because that’s what they are used to investing in. As far as Delaware taxes, there is no corporate income tax from Delaware if you do business outside of Delaware. Stock shares are not taxed by Delaware if their owners don’t reside in the state. In addition, Delaware offers greater Privacy Protections than some other states.

Yes. It’s very typical for companies incorporated in Delaware to have a principal place of business outside of Delaware, for the reasons listed above. Even if your business is in another state and you don't live in Delaware, your company can certainly be formed in Delaware.

A Delaware corporation taxed as a C Corp (or an S Corp that converts into a C Corp) is often preferred by startups, as that type of entity is considered well adapted to Venture Capital and Angel investing (over other forms of business entities). Frequently, such Delaware corporations have 10,000,000 shares of common stock authorized with $0.0001 Par value. If you are wanting to grow quickly and expect losses and funding from outside Angel investors or Venture Capital funds, then incorporating a Delaware corporation taxed under Subchapter C may be your best choice from the start.

While you may not need to incorporate as soon as you have an idea you want to pursue, once your business is ready to grow or be monetized, incorporation can offer several significant benefits. Incorporating early can also help structuring your company appropriately and protect your ideas, help attract funding and employees. Other major benefits typically include asset protection through limiting liability, corporate identity creation, perpetual life of the company, transfer-ability of ownership, and creating structure among the founders.

The incorporation services currently are Delaware specific. Delaware incorporation is the gold standard. We plan to add New York company formation services in the future. If you have a specific state in mind, please contact us.

Each Bundle groups together documents that we believe founder will want and need at the same time. The Bundles are also designed based on how far along a company is, and what its present needs are.  Feel free to reach out if you have questions.

Yes. Each bundle comes with its own Guide, provided as part of the Bundle. Each guide is specifically tailored to the documents in each bundle.

The documents are drafted with simplicity and efficiency in mind, and are not sector or industry specific.

Yes. The documents in the Bundles are designed to apply only to Delaware Corporations, as these are the most typical form of company used by startups. One-off documents not in the bundles may apply to companies incorporated in other Jurisdictions. Since most small businesses are incorporated in Delaware, the documents in the bundles are designed for those companies.

All documents and resources on Founder Law Docs are drafted and reviewed by experienced lawyers. They have spent time crafting founder-focused corporate documents and we stand by our products and view them as great resources for founders, along with the Guides provided.

No. We offer flat fee pricing so you can control your costs upfront. We never surprise you with any additional fees and you will receive the documents promptly by email so you can then be in control.

There are absolutely no recurring fees with our legal documents or bundles.