incorporation insights for a startup - elagaan startup camp
TRANSCRIPT
Incorporation insights for a Startup
Scale your Startup
Presented byPowered by
03-Dec-2016
Scale your Startup
You have an Idea !
Scale your Startup
You want to get started
Scale your Startup
What is the first thing that comes to your mind?
Scale your Startup
When to Incorporate
Scale your Startup
What entity to incorporate● Sole Proprietorship● General Partnership● Limited Liability Partnership (LLP)● Private Limited Company
Scale your Startup
Factors crucial for startup● Hiring & Team building ● Marketing & Sales● Funding & Investors
Scale your Startup
Hiring & Team Building● What kind of team do I need?● What is important for potential hires?● Will I be giving stock options?● Do I plan to get mentors and advisors?
Scale your Startup
Marketing & Sales● My primary markets
○ Geographic - Local, State, Country, Global?○ Target - Consumers, Business, Enterprise, Govt?
● Are there any restrictions associated?● What kind of branding is needed?● Any perceptions that I need to deal with?
Scale your Startup
Funding & Investors● Funding questions - How much? From
whom? When?● Do you need differential stock categories?● Will there be a vesting schedule, SHA etc.? ● FDI Involvement? Startup Tax?● What exit routes do I give to investors?
Scale your Startup
Incorporation Gotchas● Dividing equity between Founders● SHA, Vesting schedules● MoA, AoA● Face Value of shares
Scale your Startup
Startup India● Eligibility criteria● Exemptions available
○ Income tax○ Compliances○ Capital Gains, Startup Tax
● What difference it can make
Scale your Startup
Scale your Startup
Whiteboard Friday
in association with