---
description: What to expect when you're incorporating through AngelList Stack.
---

# General

## 💼 General

### What are the requirements to incorporate through Stack?

**US Ownership:** To incorporate through Stack, founders must have a US address and a US bank account. At least 50% of the company must be held by individuals with a Social Security Number (SSN) or Taxpayer Identification Number (TIN).&#x20;

**C Corporation:** Stack exclusively incorporates Delaware C corps. We do not incorporate LLCs, S corps, or any other entity types. &#x20;

**Active, Tech-Focused Startup:** Stack works exclusively with tech-focused startups. We are not a fit for pure e-commerce, consulting or other services, investment vehicles, or holding companies.&#x20;

### If I already have an entity, can I use Stack?

{% hint style="info" %}
If you sign the Stack Incorporation application, you are legally agreeing to have a new entity formed on your behalf. This entity will have legal standing in the State of Delaware.&#x20;

If you already have an entity, you can use [Stack Equity](../onboarding/equity-onboarding).  &#x20;
{% endhint %}

Yes! Just make sure to fill out the application for Stack Equity. You can see more about our Equity tool [here](../onboarding/equity-onboarding). You can apply at [angellist.com/stack](../undefined). Please makes sure to select that you already have a legal entity.

### What timeline should I expect? When will my company be incorporated?  &#x20;

The Stack team takes one to two days to review all incoming applications. Barring any issues with Delaware, filing should take one to two days.&#x20;

During that time, we will register your company with Delaware and obtain an Employer Identification Number (EIN) from the IRS. As soon as we have your stamped Certificate of Incorporation and EIN, we'll spin you up your Stack dashboard.  &#x20;

#### What could slow my company down?

Issues include using a company name that is already available on the [Delaware name registry](https://icis.corp.delaware.gov/ecorp/namereserv/NameReservation.aspx?s=n), founders applying without their full legal name, or inputting an incorrect SSN.&#x20;

### Can one of the incorporation shareholders be an LLC, holding company, or another entity?

Stack is best suited for individual shareholders. Founders will not be able to submit information for a non-individual shareholder in the application.&#x20;

If you want your shares to be held by an LLC or other entity, we recommend that you incorporate elsewhere or work with external counsel to execute this change post-incorporation.&#x20;

### Where can I check if my company name is available?

You can check through the [Delaware Registry](https://icis.corp.delaware.gov/ecorp/namereserv/NameReservation.aspx?s=n).

### Can Stack help my company convert from an LLC or non-Delaware C corp to a Delaware C corp?

Stack does not work on LLC or other conversions. If you're looking to convert to a Delaware C corp, we recommend you work with external counsel and return to Stack once you are converted.&#x20;

If you're looking for a lawyer who may be able to help with the conversion, please reach out to us. We'd be happy to recommend someone in our network.

## ⏯ Making Changes

### Can I change any details after I've applied?

We can edit company details if the application has not yet been filed with Delaware.&#x20;

If we have already filed the documents with the state, it may not be possible to make changes. Please reach out to us with the changes you'd and we'll see what we can help with.&#x20;

Making changes after incorporation may require external legal help. &#x20;

### What happens after I submit my application?

Once you and any co-founders have completed the e-sign process, we review your application, ensure that your company is a fit, and file with Delaware.&#x20;

### How can I cancel my application?

If you’d like to cancel your application, reach out to the Stack team. Canceling before your application is filed with Delaware is free.

If your application was already filed with Delaware, you'll need to pay the $500 fee for the cost of incorporation. You will need to dissolve your company with external help.&#x20;

## 💵 Cost

### How much does incorporating cost?&#x20;

Stack charges a flat $500 for incorporation. This includes all Delaware filing fees, a full set of [incorporation documents](#what-is-included-in-the-incorporation-set), and one year of Delaware registered agent services.&#x20;

### How can I pay Stack for my incorporation fees?&#x20;

You can pay the fee over ACH [here](https://stack.angellist.com/s/i6hgt). You'll receive a receipt from AngelList shows that you've made payment.&#x20;

### What costs should I expect going forward?&#x20;

Stack incorporation fees are one-time, but there are some external costs associated with running a company.&#x20;

All Delaware C corps must pay annual franchise taxes and renew their Delaware registered agent yearly. If you do business in states other than Delaware, you may be required to complete [foreign qualifications](#after-filing-in-delaware-does-stack-file-in-any-other-states-a-company-operates-in) and pay taxes in those states.&#x20;

AngelList Stack is not responsible for costs incurred outside of the platform. &#x20;

## 🪅 Post Incorporation

### What steps do I need to take after incorporation?&#x20;

After you incorporate your company, there are a few things you may want to do:&#x20;

* Sign your [SPA and 83(b) election](../spa-and-83-b-election#overview)
* File for foreign qualification in any state your company does business&#x20;
* Consider hiring yourself and other core employees&#x20;

### After filing in Delaware, do I need to file to do business in any other states?

If you do business in any other states—which can include paying employees, setting up an office, and more—you should now register your company to legally act in those states through a process called foreign qualification.

Foreign qualification allows your company to legally pursue opportunities across state borders without incorporating an entity in other states. You can read more details about foreign qualification [here](https://www.forbes.com/sites/allbusiness/2016/06/09/foreign-qualification-what-it-takes-to-do-business-in-a-different-state/?sh=27377f0f7d5e).

### How can I file for foreign qualification through Stack?&#x20;

Go to the Legal tab and select "Foreign Qualification." You'll be taken to a Typeform where you can input details about your business and the states in which you need to qualify. You can repeat this process if you need to qualify in more states.&#x20;

## 🧱 Dissolution

### I want to close my company. What do I need to do?&#x20;

In order to wind down your company, we'll need a few things:

* Ensure that you've paid the $500 incorporation fee. You can pay it [here](https://stack.angellist.com/payments/ach/new/94389718-976c-42f3-a5b4-9a7a39c0205e/60356?amount=500\&description=Equity+Payment+for+Stack).&#x20;
* Reach out to Stack to let us know you've paid. We'll close your account.
* Work with an external company that can help legally dissolve your company. Without legally dissolving your company, you will still owe yearly taxes in the State of Delaware and may be subject to other fees and requirements. Stack can introduce you to our partners who can help dissolve your company.&#x20;

### Can I file for dissolution through Stack?&#x20;

Stack itself does not help with dissolution, but we can introduce you to our partners, Legalinc, who can help dissolve your company.&#x20;
