[Chicago] Thread on Organization

Peter Fein pete at wearpants.org
Tue Feb 11 22:31:38 CET 2014


On Tue, Feb 11, 2014 at 2:44 PM, Don Sheu <donald at caa.columbia.edu> wrote:

> Peter Fein, a dissolved corporation in most jurisdictions can be
> reinstated. It requires a filing to bring matters up to date and some form
> of a fee. Maintaining any form of a corporation is asking for another tax
> return every year. Without help, it's very common that filings are missed
> and status may lapse. It's why many lean startup disciples recommend
> holding off on a legal form until there's a need to take in investment
> money from a formal VC.
>

Apologies for being misinformed about reincorporation. Seeing as we've
continued to collect money, filing a tax return would be exact reason that
lapsed registration is problematic. Did a return get filed last year?
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