legal
Choosing an entity: LLC or C corporation
What an LLC and a C corporation are, how each is created and taxed in the United States, and the questions to bring to counsel and a tax professional.
Insights / Legal and company basics
The company, equity, IP and privacy basics to ask your counsel about. Not legal advice.
The documents a company signs in its first year include the entity filing, the equity split, the assignment of code and the legal pages on the product. The articles on this desk describe what each one is for and what the public sources say about it, so that a founder can bring specific questions to their own lawyer.
The eight articles run from the company outward. They cover choosing an entity, founder equity and vesting, the 83(b) election and its deadline, founder IP assignment and confidentiality, open-source licenses, privacy law, the terms of service and privacy policy, and trademark name clearance.
Two limits apply throughout. World Enterprise is not a law firm, and nothing on this desk is legal or tax advice. Each article carries a dated general-information line, reads primary sources such as statutes and agency pages, and ends with what it cannot tell you.
| Desk | Articles |
|---|---|
| Dream | 7 |
| Build | 11 |
| Grow | 6 |
| Fundable | 8 |
| Starting out | 14 |
| Funding and capital | 13 |
| Legal and company basics | 8 |
| Team and hiring | 9 |
| AI-native building | 9 |
| Go-to-market | 10 |
| Pathways | 12 |
| Business models | 8 |
| Sectors | 8 |
| Operations and wellbeing | 11 |
Illustration: World Enterprise Group Incorporated, drawn at build time from the articles published on this site.
Each dot is one article; the amber mark is the desk’s median.
| Group | Article | Reading time |
|---|---|---|
| Legal and company basics | Choosing an entity: LLC or C corporation | 6 min |
| Legal and company basics | Founder equity splits and vesting | 6 min |
| Legal and company basics | Founder IP assignment and confidentiality agreements | 7 min |
| Legal and company basics | Open-source licenses inside a commercial product | 8 min |
| Legal and company basics | Privacy law basics for a small product | 7 min |
| Legal and company basics | Terms of service and privacy policy: what each document is for | 7 min |
| Legal and company basics | The 83(b) election and its deadline | 6 min |
| Legal and company basics | Trademark name clearance before you commit | 6 min |
Chart: World Enterprise Group Incorporated, counted at build time from the articles on this desk.
legal
What an LLC and a C corporation are, how each is created and taxed in the United States, and the questions to bring to counsel and a tax professional.
legal
How founder shares are issued, what vesting is and how a repurchase condition works, with questions for counsel. It gives no recommended split.
legal
Who owns code and inventions made by founders, and what the copyright, patent and trade secret statutes say about assignment and confidentiality.
legal
What the MIT, Apache 2.0, GPL and AGPL license texts say about copying, shipping and offering software, and the questions to bring to counsel.
legal
What the GDPR, the CCPA, the COPPA Rule and the FTC Act say about personal data, from the primary sources, with questions to bring to counsel.
legal
A terms of service is a contract and a privacy policy is a notice. What the primary sources say about each, and the questions to bring to counsel.
legal
What the 83(b) election is, what the statute and the IRS say about its 30-day deadline and how it is filed, and the questions to bring to a tax professional.
legal
What the USPTO and the federal trademark statute say about similar marks, clearance searches and likelihood of confusion, with questions for an attorney.
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A short PDF of the charts and sources, sent by email to the address you give.
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