Frequently Asked Questions

Company Formation

What is company formation?

Company formation are the remaining critical steps to perform once you're a registered C-Corporation with Delaware. 

Why should I add board members? Can I do this later?

You do not have to add Board members just yet.

Why is the size of my board limited to a maximum of 3 members?

In an early stage company, it is best practice to keep the size of the Board between 1 and 3 people. First, there is no advantage or governance imperative to fill the board with additional members. Second, the smaller size, the faster decision-making can occur to allow the company to move forward.

What are the Bylaws? Can I change them later?

Why will I be resigning as Incorporator?

If I'm not the CEO of the company, can I use Launch?