Where to incorporate in the US?

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  • Kenneth K
    Confirmed User
    • Jan 2003
    • 459

    #1

    Where to incorporate in the US?

    ... guess Nevada or perhaps Delaware - but don't know shit about the individual states - anybody wanna share some info?

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  • juicylinks
    So Fucking Banned
    • Apr 2001
    • 122992

    #2
    Talk to a knowledgable accountant regarding your business and such. Diferent types are better for different situations

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    • directfiesta
      Too lazy to set a custom title
      • Oct 2002
      • 30198

      #3
      Half of the fortune 500 are incorporated in Delaware ( Microsoft, Coca-Cola, Wal-Mart, etc...).

      Seems that tax structure and rates is more " friendly". My corp is in Delaware but as a " foreign alien" the tax issue is not as important. I would concur that you should ask your accountant.
      I know that Asspimple is stoopid ... As he says, it is a FACT !

      But I can't figure out how he can breathe or type , at the same time ....

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      • Kenneth K
        Confirmed User
        • Jan 2003
        • 459

        #4
        Originally posted by juicylinks
        Talk to a knowledgable accountant regarding your business and such. Diferent types are better for different situations
        going to do that for sure... keep em coming

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        • Alvaro
          Confirmed User
          • Nov 2001
          • 695

          #5
          why dont you incorpore in europe? gibraltar is a good option

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          • Kenneth K
            Confirmed User
            • Jan 2003
            • 459

            #6
            the main issue is the visa/mastercard issues - here in Denmark, we can get a merchant account, no problem, but we have to sell tangible goods when talking about adult...

            and we're tired of switching payment gateways every month - so therefore, we are looking to get a more stable solution...

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            • directfiesta
              Too lazy to set a custom title
              • Oct 2002
              • 30198

              #7
              Don't Ibill and CCbill have EU division, processing for Europe???

              Then no need for a corp in the US. Believe me, it has a lot of disadvantages such as legal responsability to a right wing witch hunting administration!
              Last edited by directfiesta; 09-05-2003, 02:33 PM.
              I know that Asspimple is stoopid ... As he says, it is a FACT !

              But I can't figure out how he can breathe or type , at the same time ....

              Comment

              • TheJimmy
                ICQ- five seven 0 2 5 5 0
                • Jan 2001
                • 10747

                #8
                Originally posted by juicylinks
                Talk to a knowledgable accountant regarding your business and such. Diferent types are better for different situations

                ...and laywer for that matter...


                ditto to what DirectFiesta said...

                NV is great for a few reasons, but DE is the choice of a lot of biggies for other reasons...

                both have decent privacy, asset protection, tax breaks, friendly biz environments, etc...


                but specifics for your situation are clearly best answered by accountants & laywers...


                Investor with 5m - 15m USD to invest. Do you have a site or network of sites earning 50k - 200k a month income? Email your contact and preliminary data to: domain.cashventures (at) gmail.com....Please...no tire kickers...serious offers and inquiries only.

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                • Kenneth K
                  Confirmed User
                  • Jan 2003
                  • 459

                  #9
                  we have tried talking with ccbill and others - the problem with ccbill is that they cannot process orders over 100$, and they do not support variable prices (like the one used in a shopping cart script). I think that we have looked in every direction regarding this matter, but haven't been able to find anything

                  SO, please, if you know an eu processor that can do this and is stable, let me know

                  123 Content
                  - Formerly known as 1st Content | ICQ: 128732055

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                  • directfiesta
                    Too lazy to set a custom title
                    • Oct 2002
                    • 30198

                    #10
                    Originally posted by Kenneth K

                    SO, please, if you know an eu processor that can do this and is stable, let me know
                    There is none to my knowledge.

                    It seems you do need to go the US corp route and a merchant account. See with Netbilling. I haven't use them yet, but I think I will soon .


                    Good Luck. Out for a drink with the friends...
                    I know that Asspimple is stoopid ... As he says, it is a FACT !

                    But I can't figure out how he can breathe or type , at the same time ....

                    Comment

                    • gothweb
                      Confirmed User
                      • Jun 2002
                      • 8849

                      #11
                      Beware setting-up a corporation a place where you don't have a real presence.

                      Photos by Ian X.: Distinctive photos of goth babes.
                      Blood Money:Your traffic, my sites, our money.
                      MojoHost: Still the best.

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                      • Samoan
                        Confirmed User
                        • Aug 2003
                        • 203

                        #12
                        I'm in California, and a lot of my clients are incorporated in Nevada.
                        Samoan

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                        • thewebgarage
                          Confirmed User
                          • Sep 2002
                          • 1002

                          #13
                          nevada
                          Big Boob trades icq 265907826

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                          • lexr
                            Confirmed User
                            • Jul 2003
                            • 428

                            #14
                            Delaware or Nevada. Both are good choices, but I'd select Delaware over Nevada for many reasons.

                            More info here: http://www.state.de.us/corp/index.htm
                            Amateur content producer. Professional complainer.

                            Sig space for rent!

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                            • junction
                              Confirmed User
                              • Dec 2002
                              • 2411

                              #15
                              Originally posted by Kenneth K
                              ... guess Nevada or perhaps Delaware - but don't know shit about the individual states - anybody wanna share some info?
                              My parent, sub, and equity corps are all located in Nevada. The reason Nevada is my choice is the fact that they share NO information with the IRS, and have no state tax. Find a good attorney and work out the best corporate strategy for your business.

                              A single corporation does insulate you personally from the business, however if you have to bankrupt the corp due to a lawsuit you have nothing to fall back on.

                              My parent corp owns the sub corps. My equity corp controls all the funds, and is the lien holder of all assets. The parent corp "borrows" money from the equity corp to subsidize itself and then "loan" it to the sub corps. Profits earned from the sub corps are used to pay back the loans to the parent corp. The parent corp then repays the loans to the equity corp. On paper your subs have no money and the parent corp is always in debt to the equity corp. Plus the loans and repayment of loans can be used for some tax deductions. If you have to file bankruptcy, you bankrupt the affected sub corp. Since your equity corp is the lien holder of all the assets, you then reposses all of your own shit. If youd like to talk more about this, hit me up.

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                              • D-man
                                Confirmed User
                                • Aug 2001
                                • 1291

                                #16
                                Nevada or Delaware

                                end topic

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                                • junction
                                  Confirmed User
                                  • Dec 2002
                                  • 2411

                                  #17
                                  Originally posted by gothweb
                                  Beware setting-up a corporation a place where you don't have a real presence.
                                  Im curious to hear your reasons for that comment. Care to elaborate?

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                                  • assistant27
                                    So Fucking Banned
                                    • Mar 2003
                                    • 256

                                    #18
                                    nevada

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                                    • sperbonzo
                                      I'd rather be on my boat.
                                      • May 2003
                                      • 9750

                                      #19
                                      Hey there Kenneth K, we can help you with finding a merchant account in the EU or the US with a stable bank that will accept non-tangible adult business. Send me an email:

                                      [email protected]
                                      Michael Sperber / Acella Financial LLC/ Online Payment Processing

                                      [email protected] / http://Acellafinancial.com/

                                      ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

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