Should I incorporate? - GoFuckYourself.com

eru · 05-23-2002, 05:01 AM

Should I register myelf as a company or stay an individual?

-eru

marty · 05-23-2002, 05:11 AM

Go Big or Go Home

___________________

Shooter · 05-23-2002, 05:21 AM

Well you should setup an LLC or something, that way if your business fails they can't take your home etc.

DTK · 05-23-2002, 05:29 AM

There are considerable tax advantages to be gained from incorporating.

zubr · 05-23-2002, 06:32 AM

Opening a company doesnt necessarily mean "going public". There's no need to go with a corp, but LLC will do

Pornwolf · 05-23-2002, 06:43 AM

Yeah, what Zubr said.

ADL Colin · 05-23-2002, 06:49 AM

Protect your ass. Incorporate. There are a lot of BS lawsuits out there. Most importantly, if your business fails you don't want them to come after you personally for money owed, etc.

clickpimp · 05-23-2002, 09:35 AM

whatever you do, get lots of partners

eroswebmaster · 05-23-2002, 10:16 AM

Incorporate in Nevada.

This is the company I am using.
http://www.nevadacorps.com/rates.html

steffie · 05-23-2002, 10:18 AM

Become and LLC and be safe
I am ... Me, myself and I and my lawyer.
Its $ 50.00 in the state of Maryland

gleem · 05-23-2002, 11:45 AM

LLC definately, pass through tax entity so you only get taxed once, not taxed on what your comapny made, then taxed again on what you pay yourself, almost no paperwork invovled unlike incorperating where you have to have meeetings and shares and stuff, LLC is much simpler, plus yes, they can't theoretically come after any of your personal property, only the LLC's, and since most of us really have "virtual" stores, there's nothing for them to take except your server, which you can just take all your stuff off of before they get it.

eru · 05-23-2002, 12:00 PM

OK, I'll take your guys advice. My father said that there are heavier taxes for companies but I guess he knows shit.

-eru

eru · 05-23-2002, 12:02 PM

Which form should I fill out:

https://www.inc-it-now.com/nj-llc.htm

or

https://www.inc-it-now.com/nj.htm

I live in New Jersey right now but I'm moving to Hawai'i in Augest. (I retain NJ residency for a year though)

-eru

05-23-2002, 05:01 AM	#1
eru Confirmed User Join Date: Mar 2002 Location: Hawai'i Posts: 2,612	Should I incorporate? Should I register myelf as a company or stay an individual? -eru

05-23-2002, 05:29 AM	#4
DTK Confirmed User Industry Role: Join Date: Feb 2002 Location: The 510 Posts: 4,545	There are considerable tax advantages to be gained from incorporating. __________________ Arguing whether the Democratic or Republican party is better is like debating which steaming pile of shit is slightly less stinky.

05-23-2002, 06:32 AM	#5
zubr Confirmed User Join Date: Jan 2002 Location: Toronto Posts: 1,227	Opening a company doesnt necessarily mean "going public". There's no need to go with a corp, but LLC will do __________________ Alex - ICQ:61889253 - MSN:zubr_zubr at hotmail.com - Skype:zubrzubr

05-23-2002, 06:49 AM	#7
ADL Colin Too lazy to set a custom title Join Date: Feb 2001 Location: Tube Titans, USA Posts: 11,929	Protect your ass. Incorporate. There are a lot of BS lawsuits out there. Most importantly, if your business fails you don't want them to come after you personally for money owed, etc. __________________ Adult Date Link - $50 PPS starting NOW! -- good and JUICY! skype = "adultdatelink"

05-23-2002, 09:35 AM	#8
clickpimp Confirmed User Join Date: May 2002 Posts: 1,159	whatever you do, get lots of partners __________________ eventually, earth will lose. enjoy it while it lasts.

05-23-2002, 05:11 AM	#2
marty Confirmed User Join Date: Feb 2002 Posts: 1,656	Go Big or Go Home ___________________

05-23-2002, 05:21 AM	#3
Shooter Confirmed User Join Date: Apr 2001 Posts: 2,842	Well you should setup an LLC or something, that way if your business fails they can't take your home etc.

05-23-2002, 06:43 AM	#6
Pornwolf Drunk and Unruly Join Date: Jan 2002 Location: Hollywood Posts: 22,712	Yeah, what Zubr said.

05-23-2002, 10:16 AM	#9
eroswebmaster March 1st, 2003 Join Date: Jul 2001 Location: Seat 4 @ Venetian Poker Room Posts: 20,295	Incorporate in Nevada. This is the company I am using. http://www.nevadacorps.com/rates.html __________________ For rent - ICQ 127-027-910 Click here for more details

05-23-2002, 10:18 AM	#10
steffie Confirmed User Join Date: May 2002 Location: Somewhere in the Mountains, far far away Posts: 2,422	Become and LLC and be safe I am ... Me, myself and I and my lawyer. Its $ 50.00 in the state of Maryland __________________ Partying since '96 and not going anywhere Anna's Dorm

05-23-2002, 11:45 AM	#11
gleem Confirmed User Industry Role: Join Date: Jun 2001 Location: Sunny Land Posts: 5,593	LLC definately, pass through tax entity so you only get taxed once, not taxed on what your comapny made, then taxed again on what you pay yourself, almost no paperwork invovled unlike incorperating where you have to have meeetings and shares and stuff, LLC is much simpler, plus yes, they can't theoretically come after any of your personal property, only the LLC's, and since most of us really have "virtual" stores, there's nothing for them to take except your server, which you can just take all your stuff off of before they get it. __________________ Contact me: \\// E: webmaster /at/ unprofessional.com

05-23-2002, 12:00 PM	#12
eru Confirmed User Join Date: Mar 2002 Location: Hawai'i Posts: 2,612	OK, I'll take your guys advice. My father said that there are heavier taxes for companies but I guess he knows shit. -eru

05-23-2002, 12:02 PM	#13
eru Confirmed User Join Date: Mar 2002 Location: Hawai'i Posts: 2,612	Which form should I fill out: https://www.inc-it-now.com/nj-llc.htm or https://www.inc-it-now.com/nj.htm I live in New Jersey right now but I'm moving to Hawai'i in Augest. (I retain NJ residency for a year though) -eru