Of course, the answer is “it depends.” There is an article in entrepreneur.com that offers some good thoughts in this regard. They break it down into three options: (i) do it yourself, (ii) utilize a formation service, such as an online provider and (iii) hire a lawyer. Let’s start with (iii). This is the most expensive of the options and can run into the single-digit thousands, but it’s also the safest approach, particularly if your company is going to have more than just one shareholder. In that case, you will want customized documents that provide clarity around important matters like…
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