legal-compliance
Installation
SKILL.md
Legal & Compliance
Core Principle
Legal isn't a cost center — it's risk management. The goal isn't to replace lawyers. It's to walk into the room knowing exactly what questions to ask and what answers to expect.
Entity Selection
Common Structures
| Entity Type | Best For | Tax Treatment | Fundraising |
|---|---|---|---|
| Delaware C-Corp | VC-backed startups | Corporate tax (double taxation) | Standard — VCs require it |
| LLC | Bootstrapped, consulting, real estate | Pass-through (flexible) | Harder to raise VC |
| S-Corp | Small businesses with profits | Pass-through (salary + distributions) | Not suitable for VC |
| B-Corp | Mission-driven companies | Same as C-Corp | Compatible with impact investors |