delaware: stratup promissed land
TRANSCRIPT
DELAWARE STARTUP PROMISSED LAND
1
EKATERINA MAMYKO, ESQ.STARTUPLAWUA.COM
TUNIS, TUNISIAMARCH 4TH, 2017
EKATERINA MAMYKO, ESQ
TARAS SHEVCHENKO UNIVERSITY OF KIEV, LL.M.
LEADING SPECIALIST IN STARTUP AND INVESTMENT LAW IN UKRAINE
HELP CENTRAL & EASTERN EUROPEAN STARTUPS DO BUSINESS WORLDWIDE
WHY DE
WHEN TO GO DE
WHAT HAPPENS NEXT
WHY
DELAWARE MAKES THINGS EASY
DELAWARE MAKES INVESTORS HAPPY
DELAWARE IS THE STANDARD OF CORPORATE LAW
Structuring boards of directors
Stock issuance and preference
Voting rights
Providing the broadest privacy protections
DELAWARE OFFERS FLEXIBILITY
Income tax = 0%
Investment tax = 0%
NO quarterly filing
WHEN
Professional investors
Specific investment instruments
Entry to US/global market
…and more
Start selling in US… from home
WHAT’S NEXT
Annual Franchise Tax
Annual state filing + federal tax returns
Mailing and Corporate agent services
GOOD AND FAST CPAS ARE LIKE
UNICORNS: THEY ONLY EXIST IN YOUR DREAMS OR IF YOU SPEND AN INFINITE AMOUNT
OF MONEY
FREE ADVICE THE ONLY TIME YOU WILL GET IT FROM A LAWYER
DON’T GO DE UNTIL YOU REALLY NEED TO
BE OPEN TO OTHER MARKETS AND JURISDICTIONS
WHO DOES NOT NEED TO GO DE
Receive institutional/professional funding
Go public
Deal with multiple classes/types of stock holders
COMPANIES THAT WILL NEVER
WHERE ELSE TO LOOK
ILLEGAL OFFSHORE
THANK YOU
THESE SLIDES: SLIDESHARE.NET/MAMYKOEKATERINA
EKATERINA MAMYKO, ESQ. @STARTUPLAWUA WWW.STARTUPLAWUA.COM