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-   -   Deleware or Nevada? Incorporate (https://gfy.com/showthread.php?t=411934)

mkx 01-03-2005 01:58 PM

Deleware or Nevada? Incorporate
 
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.


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