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Thread: Virtually Distributed Co-Founders

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    Virtually Distributed Co-Founders

    Hi all, I am in the process of starting my online Saas business(will serve people all over the world not just SA) Now I might have people from other countries/continents interested in joining me as co-founders. So basically my question is how do I go about doing this? I have already registered a Close Corporation but now im not sure how I will go about getting members from other countries to join my company for a share of the equity. I just need a push in the right direction.

    Also I might need a contract drawn up for the partners to agree on, could you guys recommend good, not so expensive (cheap ) lawyers who understand this type of business and will be able to give me the right advise and documentation as i structure the business.

    Thanks, looking forward to you responses.

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    Site Caretaker Dave A's Avatar
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    If you're going to have off-shore partners, using a cc as the vehicle is probably the most troublesome way to do it.

    My advice - if you want to use an incorporated vehicle, dump the cc and form a company.
    The trouble with opportunity is it normally comes dressed up as work.

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    Ok Thanks for the response, do you know of any lawyers i could get in touch with who could help me with this stuff?

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