Although most entrepreneurs put little thought into the company’s formation, it is an important foundation. The choice of form of company (corporation, LLC, etc.) and jurisdiction (Delaware, Cayman Islands, etc.) allows entrepreneurs to optimize, among other things, governance and taxation. The course discusses some common formation mistakes, what factors entrepreneurs should consider when choosing an entity and location, and a number of practical factors most entrepreneurs ignore. The class then reviews step by step major issues in corporate and LLC formation.