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Post Incorporation
Once your company has gone through the formation process, it exists and its internal affairs are then governed by the Delaware corporate laws. But this doesn’t mean business set-up is truly over. This process involves certain additional steps, namely drafting a number of legal documents neccessary for your business to be ready to operate and take on investment.
Why you need this
These documents are mainly;
• Bylaws
• Unanimous written consent in lieu of the first meeting of the board of directors
• Founders stock purchase agreements
• IP assignment agreements
• Indemnification agreements for directors
• Written consent of stockholders
• Stock certificates for founders’ shares
Although there is no deadline to complete these documents, it is generally recommended to be completed promptly after the incorporation. For instance, if the post-incorporation is not done, there will be no directors or officers to act or sign on behalf of the company. This will thus present problems for the contracts and bank account processes. Alternatively, without post-incorporation, the intellectual property created by founders will not be owned by the company. Since intellectual property is an essential element of the company`s valuation, it is important to ensure the intellectual property is assigned to the company as soon as possible.
Features of Post Incorporation
Set-up Your Business
Ownership
Be Compliant
Pricing built for businesses of all sizes
We make pricing simple and clear to ensure you are never caught off guard by any hidden fees.
Exclusive Solutions
Want to be fully compliant?
Maintaining a company is as important as forming one. In order to not face hefty fines or penalties, choose one of our compliance packages!
We provide comprehensive services from compliance, filing, business set up, mailbox, bookkeeping, tax filing and more.
