09-01-2003, 01:21 PM
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Confirmed User
Join Date: Jun 2003
Location: Everywhere at once
Posts: 991
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Quote:
Originally posted by TheSaint
Your attorney is correct.
Certain states (DE, Nevada, etc.) would like you to incorporate there, and will not charge you annual taxes PROVIDED you do NO business there.
However, you will STILL have to register in your state as a "foreign" corporation and pay all the usual taxes, no advantage.
Not much incentive to incorporate in Delaware unless you are planning a felony (offshore bank accounts, tax evasion, etc, and even then a DE corp is of no actual value).
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