Within the startup scene / indie hacker movement there is plenty of discussion about raising money (or not), marketing, building, hiring, etc. But I don't see much about the legal structure of the company.<p>I plan to keep my day job, but there are some things I'd like to build and invest in on the side: A couple SaaS ideas, maybe purchase some community sites, and maybe take funding someday.<p>LLC or C corp? Can I roll my Roth into it? Does a holding company make sense? What exit pain points could I avoid by structuring it a certain way?<p>What good resources are out there to learn?
At one point I knew a lot about this. I vaguely remember, from old law school classes, that C Corp. makes it easy to create shares and invite more investors in. Further, it shields the shareholders from direct liability from many miss-deeds of the corporation, so long as the corporate meetings were systematically held, and decision making done per the shares held (usu. for electing board members).<p>Downside, is that taxes are trickier, as theoretically, the corporation is taxed once on profits, and the shareholder is taxed again on making gains/dividends. FYI, this is not legal advise, and I'm quite likely wrong on a point or two.