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Post-Incorporation Checklist for Delaware C-Corp Founders

Forming the company is only the first step. Track the legal setup that comes after incorporation — bylaws, initial board consent, founder stock, 83(b) elections, IP assignment, cap table setup, and the state filings that keep the company in good standing.

Post-incorporation checklist for Delaware C-Corp founders

Incorporating creates the company, but it doesn't finish the legal setup. This checklist covers the records, approvals, founder stock steps, and filings that usually need to happen right after a Delaware C-Corp is formed — the items investors and counsel look for first.

This page is the follow-on to our broader Startup Legal Checklist. When you're preparing for investors, continue with the Startup Due Diligence Checklist.

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01

Formation records

  • Save the filed Certificate of Incorporation

    Keep the file-stamped version from Delaware in your company records. Investors and counsel will ask for it later.

  • Get an EIN and open a company bank account

    The EIN is required for banking, payroll, and tax filings. A separate company account keeps company activity apart from personal activity from day one.

  • Adopt bylaws

    Bylaws set the basic governance rules for the corporation — board size, meetings, officers, and voting. They should be adopted and stored with formation records.

  • Sign the initial board consent

    The initial organizational consent typically adopts bylaws, appoints officers, authorizes founder stock, and sets the fiscal year. Without it, later approvals can sit on a shaky foundation.

02

Founder stock

  • Issue founder stock with board approval

    Founder shares should be authorized by the board and issued through proper documents, not just recorded in a spreadsheet.

  • Sign founder stock purchase agreements

    These agreements prove what each founder purchased, what was paid, and whether vesting and repurchase rights apply.

  • File 83(b) elections and keep proof

    If founder stock is subject to vesting, the 83(b) election has a hard 30-day deadline from purchase. Keep the mailing proof and a stamped copy with your records.

  • Set up the cap table to match signed documents

    The cap table should reflect exactly what was approved and signed — share counts, dates, vesting, and purchase prices.

03

IP & people

  • Assign founder IP to the company

    Code, designs, inventions, and brand assets created before or during formation should be assigned to the company so it actually owns what it is building.

  • Put advisor and contractor agreements in place

    Anyone contributing work should have an agreement that assigns their work product to the company and documents any equity promised.

04

Ongoing Delaware compliance

  • Track Delaware franchise tax

    Delaware corporations owe annual franchise tax, due March 1. Missing it risks penalties and loss of good standing.

  • File the Delaware annual report

    The annual report is filed with the franchise tax payment and keeps the company's state record current.

05

Fundraising readiness

  • Prepare for SAFEs before you sign them

    Understand valuation caps, discounts, and MFN terms before signing, and keep every signed SAFE and side letter organized.

  • Store board approvals for financing actions

    Equity issuances and financings generally need board approval. Missing consents are one of the most common diligence cleanup items.

  • Keep records diligence-ready

    Formation, equity, IP, and financing documents should stay organized so an accelerator or investor review does not stall on missing paperwork.

Related resources

Founders Form AI · Health Check

Not sure what's missing after incorporation?

The Founders Form AI Health Check reads your actual formation and equity documents to surface missing consents, unsigned stock documents, 83(b) gaps, and cap table mismatches before they become cleanup work. It's part of Operator.

The Health Check is part of the Operator plan. Not legal advice.

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Use the library to learn the landscape and prepare better questions. For decisions about your company, talk to an attorney.

Educational disclaimer: Founders Form Learn provides general educational information only. It is not legal advice, does not create an attorney-client relationship, and is not a substitute for advice from a qualified attorney.

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