We currently only allow companies to hire for equity on Loom to ensure that someone working for equity is entitled to their respective portion of an existing entity. This is to protect both parties in efforts to provide valuable exchanges on the Loom platform.
If you are in need of creating a legal company so you can hire for equity on Loom, we recommend using a service such as LegalZoom or Stripe Atlas to explore options and cost-effectively file your business.
See more information on LegalZoom’s business formation services here: http://www.legalzoom.com/business/business-formation/index.html
See more information on Stripe's business formation services here: https://stripe.com/atlas