Setting up a LLC

[Decadawn]

I live in Canada (drama) and need to set up a LLC (to be able to accept Visa through CCBill). My in laws live in Indiana, so it could be possible..

What do I need to do?!

Thanks ;)

LC

[Nolamer]

you should buy company

[billywatson]

Look into local laws.

If you live in Canada, and you're depending on your LLC for VISA biz, I wouldn't fuck around with the Indiana thing....IMO

I got all my LLC paperwork online with the state government and did the work myself. Cost was $85.

I know paralegals that'll do the same work for $400.

I know lawyers that charge $800+ for the same work.

Hope this helps.

[Series]

I used http://www.delawareinc.com back in '98 and everything went perfectly... but I think a lot has changed since 9/11 and it may not be so simple

[Decadawn]

Thanks guys

Is this all about taxes?

How do you guys manage the taxes that u pay ?

LC

[Decadawn]

Is there another way I could charge using Visa on my website?

LC

[Decadawn]

please someone! I need this info! ;)

[David!]

You might want to choose a more friendly state
If you choose another state, you will need a registered agent in that state.
Try http://www.bizfilings.com

[Webby]

Decadawn:

Is there another way I could charge using Visa on my website?

Yea... have a corp in any country that has a few processors around.

Both iBill and CCBill cover most Euro countries and if you don't want to pay taxes in them, just go for a non tax country and pay taxes when you pull funds into Canada.

That's the simplified version, but sure is an opt-out of having to deal with US laws and taxes.

[kater]

Try ECommerceGlobal.com - you don't have to be a LLC to accept Visa - Check out this link-

http://www.eCommerceGlobal.com/cgi-bin/click.cgi?id=15

Good luck!!!

[steffie]

Tell your parents to get a lawyer
pay him/her $ 400.00
Takes only a few days
You need
Your SS#
Your local address (Indiana)
Once that is done you get your
EIN Number
Than your relatives go to the local courthouse and get a business License for Online Sales only, no walk in location
Take license to bank
Show your Drivers License/SS#
Get Account
Contact CCbill

OK, that's the legitimate way,,

Now, I don't know how many other ideas float around on the board, some legit, some not.. I am only telling you the legit way, so you don't have problems at the end of the year with the IRS because they are going to want a tax return from you.

During the year your accountant might advise you to pay estimated income tax (we don't, we take the money and put it into a savings account, because our income fluctuates each year and I don't want to over pay)

Figure 15% of your net income each month is tax

Good luck to you

[NiteRain]

I picked Delaware to start my first company, however, for the last one I just did it in the state I stay, seems alot easier, plus don't have to remember to pay 134 dollars to an agent in that state.

[NoHassleSteve]

Two more services.
Not just to get it done, but to read some FAQs about the
benefits of each kind of business entity and the requirements

http://www.corporatecreations.com/

http://www.smallbiz.com/

[MandyBlake]

Why don't you consult an accountant?

[QuaWee]

bizfilings.com