I'm going to do some work for Protocol Labs.
It's a part time role and the project has been scoped to last about three to four months. I'm excited to work with a company as an independent contractor / consultant rather than an employee. It means everything is designed around the development and implementation of a project.
I love projects! And while this is new to me, it also feels like the right way for me to engage in work in the future.
My question for the shareholders is what sort of protective corporate shield should I create for my professional life?
a sole proprietorship
* advantage: don't have to do anything * disadvantage: no legal shielding
a california LLC
* advantage: simple * disadvantage: boring, some costs
a wyoming DAO
* advantage: weird and new * disadvantage: weird new thing nobody understands
a delaware C corp
* advantage: fun * disadvantage: expensive and complicated
an offshore company
* advantage: very weird * disadvantage: very complicated, maybe unethical (tax dodge)
Note: KmikeyM controls my personal life and decisions, but not my work life. This legal corporate entity will be unrelated to the KmikeyM project in terms of votes and choices (in the way my work life has always been separated).
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