Your own state is where you want to incorporate, unless you are planning to go offshore or something.
Otherwise, in order to open a local bank account you'll have to register as a "foreign corportion" and just go through even more bs every step of the way. You'll have to file some sort of a return as a foreign corporation in your own state anyway.
In most states you will will only pay $200-$300 a year "franchise tax" as long as you work it out so that the corporation only breaks even and doesn't make anything.
All of this assumes you live in the U.S., that is.
S.T.
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