[foreign-inc]

Thanks for the detailed answer. "If you have an LLC and want to take investment, it is relatively straightforward to convert to a C Corp if its early enough in the company's lifespan." Do you mean company's lifespan or the cap table structure? I found this article http://www.nolo.com/legal-encyclopedia/converting-llc-corpor.... It seems to mention only that the conversion should happen before the investment.

My intent is to get our saas product out and start charging through our website. So, I was thinking that forming an LLC is the cheapest way to get there. Spending several thousand dollars to form a C-corp seems too much at this point. http://www.quora.com/How-much-does-it-cost-to-set-up-a-C-cor...

[rpedela]

I think it is worth the money, if you can afford it, to just do it right from the beginning (Delaware C Corp). Significantly reduces stress. If you need to raise money, you can do it and there wont be any issue with your incorporation documents during due diligence. And sometimes fixing things later is more costly than just paying the ~$5K upfront.

Please do not use RocketLawyer or something similar. They are super cheap, but they only create a shell C Corp. I made that mistake which luckily wasn't costly to fix.