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How to change LLC to Delaware or C/S corporation - is it even advisable?

I have an LLC and I recently started my new venture as d.b.a (doing business as), with similar business area. Is it a good idea to do so? Or should I convert it completely to Delaware corp or C/S corporation or start a fresh Delaware/C/S corp.? I will be bringing co-founders and investors, so equity sharing will come in the picture. Hence keeping that requirement in mind, what is the best advice? Also what are the trade-off?

Also anyone has any recommendation for an affordable and reliable CA in San Francsico Bay Area? I would greatly appreciate any lead.

2 Replies

Zhenya Rozinskiy
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Partner at Agile Fuel
If you are looking to bringing investors you pretty much have no choice. They expect a Delaware Corp and most will not invest otherwise. LLCs are difficult with equity shares so Corp is the way to go. S corp make sense for a small company with a number of shareholders under 75. All must be US residence and only one class of shares is allowed. You are probably better off with a C corp.

you should definitely talk to an attorney to make sure it gets done right. I would recommend Alex Volchegursky415-986-4000 in SF Bay Area.
Jai Kumar
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Jai Kumar Entrepreneur
Entrepreneur and Technology Leader - Passionate and Dream Chaser (Get things done guy)
Thanks Zhenya! I will check with him.
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