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Old 02-28-2002, 07:16 PM  
kush
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Join Date: Feb 2001
Posts: 3,382
Quote:
Originally posted by Amputate Your Head
Be prepared to pay out the ass if you are thinking of incorporating in California in both corporation fees and yearly taxes. Also, the paperwork is a fucking nightmare (regardless of where you incorporate), yet it must be kept up properly or you may as well not incorporate in the first place, because a court can still find you liable if the judge feels you incorporated simply to escape responsibility. It's called piercing the corporate veil, and yes... they can still take everything you've got.

I strongly suggest you talk to two people:

A very experienced tax person.
A very experienced lawyer.
They can still take everything I have? FUCK!
Then why even bother making an LLC?

It seems to me like Delaware or Nevada is the place to incorporate with an adult business - what do you think about this?
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