Sounds like you're burnt out and need a change. I wouldn't worry about the equity so much, as you've said, it has near 0 value.
You didn't state where you were incorporated, what your costs of incorporating, etc. were.
I've kept a Delaware C corp going for a few years because the cost of shutting down and starting again is more than the cost of the taxes, and I can use the structure for another business in the future. I guess it also depends on how complicated the corp structure you put together are.
Aside from the cost of maintaining the corp, if you're comfortable with keeping it, why dissolve?
Comments
Sounds like you're burnt out and need a change. I wouldn't worry about the equity so much, as you've said, it has near 0 value.
You didn't state where you were incorporated, what your costs of incorporating, etc. were.
I've kept a Delaware C corp going for a few years because the cost of shutting down and starting again is more than the cost of the taxes, and I can use the structure for another business in the future. I guess it also depends on how complicated the corp structure you put together are.
Aside from the cost of maintaining the corp, if you're comfortable with keeping it, why dissolve?
Yea good points, Delaware indeed. Guess we can see what the accountant costs will be for a year or two under both scenarios. Thanks