The annual maintenance costs may vary depending on your particular business operations. However, the usual annual cost breakdown is as follows:
Incorporating as a Public Benefit Corporation (PBC) is a great option for AI startups focused on ethical practices and social responsibility. This structure allows them to balance profit with purpose, which helps build trust with users and stakeholders. Additionally, it attracts mission-driven talent and impact-focused investors who value a strong commitment to responsible AI development.
No, the company formation and bank account opening process can be completed entirely online.
Yes, one person can hold all the positions in the company. This person can even make an agreement between the company and himself as an individual.
We’ll help you file a bank account application with Mercury, Brex, Relay, and Wise.