When forming a Delaware corporation, one of the first decisions you’ll need to make is who will be on your Board of Directors.If this is your first time forming a corporation, you may even be wondering what a Board of Directors is and why you need one. Delaware...
Congrats! You were just granted equity in a startup. But… now what? If you are new to the startup ecosystem, or just not fluent in the regulation of privately held securities (as many are not), you might overlook a key consideration which impacts the tax treatment of...
Most startups will be categorized as “reporting companies” under the Corporate Transparency Act (the “CTA”) and will be subject to the CTA’S Beneficial Ownership Information Report (“BOI Report”) obligations at the end of this...
The Corporate Transparency Act is here! Enacted as part of the Anti-Money Laundering Act of 2020, and effective January 1, 2024, the Corporate Transparency Act (the “CTA”) requires most privately held companies to report certain corporate beneficial ownership...