Founder Guide

Formation

• Assisted Formation
  Request a call with the PaperOS servicing team for assistance with an entity formation (entity setup, founder documents, option plan setup, etc.).
• Certificates of Formation or Incorporation
  What they are and what they are used for.
• Founder Onboarding
  Founder equity, employment, and IP Assignment agreements.
• LLC to Delaware C-Corp Conversion
  Convert your LLC to a Delaware C-Corporation with the help of PaperOS servicing team.

Fundraising

• Due Diligence Checklist
  Start your due diligence process for your next fundraising or exit event.
• Financing Administration Services
  Request that a PaperOS partner manage your entity's financing transaction (does not include legal counsel), including due diligence and data room management, and transaction process management.
• Financing Counsel
  Request financing counsel from a PaperOS Legal Partner.
• How do I start a SAFE or convertible note financing?
  By using our available tools, we can help you to start your fundraising project.
• Legal Diligence Audit
  Request a legal document & diligence audit by a PaperOS Legal Partner before an outside party conducts due diligence on your company.

Onboarding

• Assisted Equity
  Request a call with the services team for assistance with issuing and managing your company's equity.
• Cap Table & Corporate Record Setup
  Request that the PaperOS servicing team generate an up-to-date cap table and organize your initial corporate record.
• Corporate Administration
  Keep your company's documents in order and always be prepared for your next financing event with the help of a Senior Corporate Paralegal.
• Corporate Record Setup
  Set up your corporate record by uploading company documentation onto PaperOS's platform. These documents will be linked to key information in your reports view.
• Founder Quick-Start: Your first 30 days on PaperOS
  A 30-day checklist for founders setting up their company on PaperOS.

Tax

• 83(b) Elections: What they are and how to file within 30 days
  What an 83(b) election does and who should consider one.
• Delaware Franchise Tax: How it's calculated (assumed-par-value method)
  Why your Delaware  franchise tax bill can be large, and how the two calculation methods differ.
• QSBS (Section 1202): Qualifying and the Holding-Period Check
  How a Qualified Small Business Stock (QSBS) can exclude gains from federal tax, and what it takes to qualify.
• What happens if I miss the 83(b) deadline?
  Your options if the 30-day window to file an 83(b) election has passed.
• Year-end Equity Tax Forms: 3921,1099-NEC, W-9 collection
  The common year-end tax forms startups handle for equity and contractors.