Starting a Tech Company: Should I rename and reuse my existing C-Corp, or form a new one?
<p>I have a delaware-based C-Corp formed some years ago, still in good standing, that I used to create a tech startup (never raised any funding, or generated any revenue) which I have put on hold for now. I'm starting a new tech-startup; should I form a new C-Corp, or should I rename the old C-Corp used for my previous company, and use that for the new company?</p>
<p>I didn't file for my R&amp;D tax credits, but I can get some still (you can file 3 years in retrospect for the expenses I incurred), because we had expenses. Also the Qualified Small Business Stock (QSBS) favors companies that have been around for more than 5 years when they are sold. So that's why I'm thinking of re-using an old C-corp rather than forming a new one.</p>
<p>Thanks, bye!</p>

<p>Better to start fresh. From an investor's perspective, an old C-corp inherently leaves open questions over whether there are any skeletons in the closet and the dollar cost and effort involved is trivial.</p>

corporate-law incorporation