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    Do I need to use all three of the incorporation tools to set up my company?

    Last updated: October 2, 2015
  Valcu Support

Do I need to use all three of the incorporation tools to set up my company?
Setting up a company involves a number of steps. First, the entity has to be incorporated or formed in a jurisdiction (e.g., Delaware). This can be done (for Delaware) using the Valcu Incorporation tool. Second, a corporation generally needs to adopt bylaws, appoint officers and directors and issue shares to the founders and put in place agreements with service providers. Most startups incorporated in Delaware can use the Valcu Post-Incorporation Setup tool for these tasks. Third, businesses generally need to qualify to do business in their state (and in other jurisdictions where engaging in business). For certain states, most startups can prepare the qualification application using the Valcu State Qualification tool. Note that most businesses have additional obligations (e.g., with respect to employees, income tax, sales tax, etc.), and it is advisable to spend some time on the IRS's and your state's websites reading about responsibilities of starting a business and/or to engage a professional to assist.
Permalink: https://valcu.co/support/do-i-need-to-use-all-three-of-the-incorporation-tools-to-set-up-my-company