Deleware or Nevada? Incorporate - GoFuckYourself.com

mkx · 01-03-2005, 01:58 PM

What state is better for a paysite company to incorporate in and why?

Ice · 01-03-2005, 02:00 PM

Both are about the two best states to incorporate in.

Check out these guys... quick, pretty cheap and they know what they are doing

http://www.thedelawarecompany.com/_Home.html

TheMob · 01-03-2005, 02:00 PM

probably neither. offshore is the way to go.

xclusive · 01-03-2005, 02:01 PM

I don't think that there is much difference between the 2 states

Magg · 01-03-2005, 02:01 PM

www.thedelawarecompany.com <--- 2 thumbs up

ibill-fraud · 01-03-2005, 02:03 PM

Quote:

Originally Posted by raulph

What state is better for a paysite company to incorporate in and why?

Neither, incoroporate in your own state and file for S corp status with IRS. Unless you making over 5 million a year, you won't save any money on your taxes with Nevada or Deleware corporation.

astnfan · 01-03-2005, 02:04 PM

I live in Nevada, but my accountant still reccommended delaware

TheMob · 01-03-2005, 02:06 PM

your accountant just wants to make more money

mkx · 01-03-2005, 02:13 PM

Deleware costs more than half the legal fees to incorporate so I guess that is a bonus. As for incorporating in your own state, this is for an international business incorporating in the United States for the purpose of credit card processing, hosting, etc.

jeffrey · 01-03-2005, 02:16 PM

From Canada the UK is a better deal

http://www.jordans.co.uk/

http://www.jordans.co.uk/jordans3.ns...e+Company?Open

abadfish · 01-03-2005, 03:41 PM

If you are a US company I would incorporate in your home state, for a foreign company I would choose Deleware.

bigdog · 01-03-2005, 03:47 PM

isn't it better to incorp in your home state these days less bullshit to worry about

erehwon · 01-03-2005, 04:15 PM

I understand Nevada to have a little more privacy and anonymity than Delaware, but your mileage may vary.

Triple 6 · 07-06-2005, 05:13 PM

bumpppppppp

any other input from anyone? :::researching:::

tony286 · 07-06-2005, 05:30 PM

do it local less bullshit also do with a nonporn name ,no cumsuckingwhores inc lol

Triple 6 · 07-06-2005, 05:51 PM

yea cuz im hearin good arguements for both del, nev, and 'local'.

Im in NY tho. Looking to do an S corp/.

marketsmart · 07-06-2005, 06:24 PM

Delaware became big years ago because they consistently sided with corps when it came to litigation. Sense then most states have adopted the same attitude. Nevada is the best state in the US when it comes to privacy. You can appoint nominee officers as well as have a nominee set up a bank account in their name. Basically you become an employee and although you still make all the business decisions, you are not listed as an officer on the company records. There are several Nevada companies that can give you a lot of options (multiple companies, trusts, etc.) that can not only protect your privacy, but also your assets. It can cost about $5k to really do it right, but if you have a lot at risk, it's not that bad.

azguy · 07-06-2005, 06:28 PM

Quote:

Originally Posted by Triple 6

bumpppppppp

any other input from anyone? :::researching:::

Delaware, although for many ventures your home state will do just fine.

IPK · 07-06-2005, 06:42 PM

DE: More case law.

01-03-2005, 01:58 PM	#1
mkx Confirmed User Industry Role: Join Date: Nov 2003 Location: Toronto Posts: 4,001	Deleware or Nevada? Incorporate What state is better for a paysite company to incorporate in and why?

01-03-2005, 02:00 PM	#2
Ice Confirmed User Join Date: Nov 2002 Location: Sunny California Posts: 26,053	Both are about the two best states to incorporate in. Check out these guys... quick, pretty cheap and they know what they are doing http://www.thedelawarecompany.com/_Home.html __________________ icq 1904905

01-03-2005, 02:01 PM	#4
xclusive Too lazy to set a custom title Join Date: Apr 2004 Location: Buffalo, NY Posts: 35,218	I don't think that there is much difference between the 2 states __________________ I support MediumPimpin.com / Shemp's Outlawtgp.com /

01-03-2005, 04:15 PM	#13
erehwon Confirmed User Industry Role: Join Date: Nov 2003 Location: A secure undisclosed location... Posts: 3,759	I understand Nevada to have a little more privacy and anonymity than Delaware, but your mileage may vary. __________________ Money NEVER $leep$...

07-06-2005, 05:13 PM	#14
Triple 6 Confirmed User Join Date: Feb 2002 Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: isN'T everything Posts: 5,394	bumpppppppp any other input from anyone? :::researching::: __________________ SIG TOO SMALL! Maximum 1200x600 button and no more than 30 text lines of ALL SIZES and COLORS. Unless your sig is for a GFY top banner sponsor, then you may use a 6240x4800 instead of a 1024x800.

01-03-2005, 02:00 PM	#3
TheMob Confirmed User Join Date: Jan 2003 Location: 2006 Posts: 8,584	probably neither. offshore is the way to go.

01-03-2005, 02:01 PM	#5
Magg Confirmed User Join Date: Feb 2004 Location: ICQ: 132497047 Posts: 4,467	www.thedelawarecompany.com <--- 2 thumbs up

01-03-2005, 02:04 PM	#7
astnfan Confirmed User Join Date: Mar 2003 Location: las vegas Posts: 134	I live in Nevada, but my accountant still reccommended delaware

01-03-2005, 02:06 PM	#8
TheMob Confirmed User Join Date: Jan 2003 Location: 2006 Posts: 8,584	your accountant just wants to make more money

01-03-2005, 02:13 PM	#9
mkx Confirmed User Industry Role: Join Date: Nov 2003 Location: Toronto Posts: 4,001	Deleware costs more than half the legal fees to incorporate so I guess that is a bonus. As for incorporating in your own state, this is for an international business incorporating in the United States for the purpose of credit card processing, hosting, etc.

01-03-2005, 02:16 PM	#10
jeffrey Confirmed User Industry Role: Join Date: Jul 2004 Location: Alberta Posts: 1,864	From Canada the UK is a better deal http://www.jordans.co.uk/ http://www.jordans.co.uk/jordans3.ns...e+Company?Open

01-03-2005, 03:41 PM	#11
abadfish Confirmed User Join Date: Jul 2003 Location: WA Posts: 1,482	If you are a US company I would incorporate in your home state, for a foreign company I would choose Deleware.

01-03-2005, 03:47 PM	#12
bigdog Confirmed User Join Date: Jul 2001 Posts: 6,964	isn't it better to incorp in your home state these days less bullshit to worry about

07-06-2005, 05:30 PM	#15
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	do it local less bullshit also do with a nonporn name ,no cumsuckingwhores inc lol

07-06-2005, 05:51 PM	#16
Triple 6 Confirmed User Join Date: Feb 2002 Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: isN'T everything Posts: 5,394	yea cuz im hearin good arguements for both del, nev, and 'local'. Im in NY tho. Looking to do an S corp/. __________________ SIG TOO SMALL! Maximum 1200x600 button and no more than 30 text lines of ALL SIZES and COLORS. Unless your sig is for a GFY top banner sponsor, then you may use a 6240x4800 instead of a 1024x800.

07-06-2005, 06:24 PM	#17
marketsmart HOMICIDAL TROLL KILLER Industry Role: Join Date: Dec 2004 Location: Sunnybrook Institution for the Criminally Insane Posts: 20,419	Delaware became big years ago because they consistently sided with corps when it came to litigation. Sense then most states have adopted the same attitude. Nevada is the best state in the US when it comes to privacy. You can appoint nominee officers as well as have a nominee set up a bank account in their name. Basically you become an employee and although you still make all the business decisions, you are not listed as an officer on the company records. There are several Nevada companies that can give you a lot of options (multiple companies, trusts, etc.) that can not only protect your privacy, but also your assets. It can cost about $5k to really do it right, but if you have a lot at risk, it's not that bad.

07-06-2005, 06:42 PM	#19
IPK Confirmed User Join Date: Sep 2003 Posts: 4,209	DE: More case law. __________________ DomainerResource.com strategies for monetizing and investing in domain names...