Should I incorporate?

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  • eru
    Confirmed User
    • Mar 2002
    • 2612

    #1

    Should I incorporate?

    Should I register myelf as a company or stay an individual?

    -eru
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  • marty
    Confirmed User
    • Feb 2002
    • 1656

    #2
    Go Big or Go Home

    ___________________

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    • Shooter
      Confirmed User
      • Apr 2001
      • 2842

      #3
      Well you should setup an LLC or something, that way if your business fails they can't take your home etc.

      Comment

      • DTK
        Confirmed User
        • Feb 2002
        • 4546

        #4
        There are considerable tax advantages to be gained from incorporating.
        Arguing whether the Democratic or Republican party is better is like debating which steaming pile of shit is slightly less stinky.

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        • zubr
          Confirmed User
          • Jan 2002
          • 1227

          #5
          Opening a company doesnt necessarily mean "going public". There's no need to go with a corp, but LLC will do
          Alex - ICQ:61889253 - MSN:zubr_zubr at hotmail.com - Skype:zubrzubr

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          • Pornwolf
            Drunk and Unruly
            • Jan 2002
            • 22712

            #6
            Yeah, what Zubr said.
            I've trusted my sites to them for over a decade...

            Webair, bitches.

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            • ADL Colin
              Too lazy to set a custom title
              • Feb 2001
              • 11929

              #7
              Protect your ass. Incorporate. There are a lot of BS lawsuits out there. Most importantly, if your business fails you don't want them to come after you personally for money owed, etc.


              Adult Date Link - $50 PPS starting NOW! -- good and JUICY!

              skype = "adultdatelink"

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              • clickpimp
                Confirmed User
                • May 2002
                • 1159

                #8
                whatever you do, get lots of partners
                eventually, earth will lose.
                enjoy it while it lasts.


                Comment

                • eroswebmaster
                  March 1st, 2003
                  • Jul 2001
                  • 20295

                  #9
                  Incorporate in Nevada.

                  This is the company I am using.
                  http://www.nevadacorps.com/rates.html
                  For rent - ICQ 127-027-910
                  Click here for more details

                  Comment

                  • steffie
                    Confirmed User
                    • May 2002
                    • 2422

                    #10
                    Become and LLC and be safe
                    I am ... Me, myself and I and my lawyer.
                    Its $ 50.00 in the state of Maryland
                    Partying since '96 and not going anywhere Anna's Dorm

                    Comment

                    • gleem
                      Confirmed User
                      • Jun 2001
                      • 5593

                      #11
                      LLC definately, pass through tax entity so you only get taxed once, not taxed on what your comapny made, then taxed again on what you pay yourself, almost no paperwork invovled unlike incorperating where you have to have meeetings and shares and stuff, LLC is much simpler, plus yes, they can't theoretically come after any of your personal property, only the LLC's, and since most of us really have "virtual" stores, there's nothing for them to take except your server, which you can just take all your stuff off of before they get it.




                      Contact me: \\// E: webmaster /at/ unprofessional.com

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                      • eru
                        Confirmed User
                        • Mar 2002
                        • 2612

                        #12
                        OK, I'll take your guys advice. My father said that there are heavier taxes for companies but I guess he knows shit.

                        -eru
                        <font color="#FFFFFF" size="2" face="Verdana">This thread will self-destruct in 5 seconds.</font><font color="#FFFFFF" face="Verdana"><br>
                        <br>
                        <font size="1">In the meantime, consider hosting with <a href="http://www.choopa.com"><font color="#00FF00">Choopa</font></a>
                        -- The only provider with 9 x 1000mbps Transit Redundancy</font></font>

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                        • eru
                          Confirmed User
                          • Mar 2002
                          • 2612

                          #13
                          Which form should I fill out:

                          https://www.inc-it-now.com/nj-llc.htm

                          or

                          https://www.inc-it-now.com/nj.htm

                          I live in New Jersey right now but I'm moving to Hawai'i in Augest. (I retain NJ residency for a year though)

                          -eru
                          <font color="#FFFFFF" size="2" face="Verdana">This thread will self-destruct in 5 seconds.</font><font color="#FFFFFF" face="Verdana"><br>
                          <br>
                          <font size="1">In the meantime, consider hosting with <a href="http://www.choopa.com"><font color="#00FF00">Choopa</font></a>
                          -- The only provider with 9 x 1000mbps Transit Redundancy</font></font>

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