October 2024 - Investor Update #10
OtoCo October 2024 investor update #10: monthly progress on entity formation, platform tools, and team updates.
OtoCo October 2024 investor update #10: monthly progress on entity formation, platform tools, and team updates.
Hiring developers and designers abroad through your US LLC? Here are the clauses that matter in plain English: scope, payment in dollars or stablecoins, IP assignment to the LLC, confidentiality, termination, governing law, and signing as the company.
Forming an LLC does not move your code, brand or domains into it. Here is how to inventory your IP, sign a written assignment, record trademarks and patents at the USPTO, and move accounts and onchain admin roles into company control.
An invoice is the document your company sends most often. Here is what a proper invoice from a US LLC shows, how to handle numbering, corrections and currencies, and how to set out payment details when you run the company from abroad.