No, there are lots of companies that exist solely for the purpose of being corporate representatives to do this. My lawyers (who shepherded the process) used one of those.
One of the more significant pieces of advice I got for this process was to hire Really Good Lawyers for incorporation, because details can matter a lot down the line. My lead lawyer costs a bundle, but he's extremely experienced with startups, and has the process mostly down to a science. I still managed to throw him a few curveballs (on things like noncompetes and IP clauses), but I care about some of the subtle details more than most...
(no subject)
Date: 2014-10-03 12:55 pm (UTC)One of the more significant pieces of advice I got for this process was to hire Really Good Lawyers for incorporation, because details can matter a lot down the line. My lead lawyer costs a bundle, but he's extremely experienced with startups, and has the process mostly down to a science. I still managed to throw him a few curveballs (on things like noncompetes and IP clauses), but I care about some of the subtle details more than most...