Business Formation - TechStart Inc

For:Robert Chen

Progress0%

StatusOn Track

CompletionNov 15, 2024

Budget$2.0K of $5K

1 Action Needed

Your input is required to keep the project on track

Initial Consultation & Strategy

Done

Discuss business structure, goals, and legal requirements

Completed Oct 2, 2024

Entity Formation & Filing

Done

File articles of incorporation and obtain EIN

Completed Oct 8, 2024

Corporate Governance Documents

Done

Draft bylaws, shareholder agreements, and board resolutions

Completed Oct 15, 2024

Equity Structure & Stock Certificates

In progress

Issue founder shares, set up cap table, create stock certificates

ETA: Oct 25, 2024

Action Needed From You

Sign & Return 83(b) Election

Urgent

Must be filed with IRS within 30 days of stock grant - saves you significant taxes

Due: Oct 24, 2024

Recent Updates

Equity allocation finalized: You (60%), Co-founder (30%), Option Pool (10%). Stock certificates generated. Just need your signature on the 83(b) election - CRITICAL to file within 30 days! ⏰

Sarah (Corporate Attorney) • 2h ago

Intellectual Property Assignment

Transfer all IP to corporation, confidentiality agreements

Starts Oct 26, 2024

Duration: 5 days

Compliance & Registrations

Starts Nov 1, 2024

Duration: 2 weeks

Essential Business Contracts

Employment agreements, contractor templates, terms of service

Starts Nov 10, 2024