GoFuckYourself.com - Adult Webmaster Forum

GoFuckYourself.com - Adult Webmaster Forum (https://gfy.com/index.php)
-   Fucking Around & Business Discussion (https://gfy.com/forumdisplay.php?f=26)
-   -   Paysite owners.. forming an LLC??? (https://gfy.com/showthread.php?t=718437)

rapmaster 03-26-2007 05:48 PM

Paysite owners.. forming an LLC???
 
I have a question for anyone who's formed an LLC for a website, specifically and adult website

Does anyone know if it matters what state I file the LLC in, and if it matters that my primary physical location is not in that state?

I live in california and was wondering about having to register as a foreign llc if I register out of state.

nestle 03-26-2007 05:54 PM

Quote:

Originally Posted by rapmaster (Post 12152203)
I have a question for anyone who's formed an LLC for a website, specifically and adult website

Does anyone know if it matters what state I file the LLC in, and if it matters that my primary physical location is not in that state?

I live in california and was wondering about having to register as a foreign llc if I register out of state.

You can form an LLC in any state but from my experience, every state requires that you have a registered agent in the state of incorporation. So for example, your actual business can be located in California but you can form an LLC in Delaware if you have a registered agent within Delaware.

rapmaster 03-26-2007 05:56 PM

Quote:

Originally Posted by nestle (Post 12152233)
You can form an LLC in any state but from my experience, every state requires that you have a registered agent in the state of incorporation. So for example, your actual business can be located in California but you can form an LLC in Delaware if you have a registered agent within Delaware.

Yeah my registered agent is in delaware

rapmaster 03-26-2007 06:57 PM

I guess maybe I'll contact a cheap attorney (anyone know some good adult website ones?)

The thing is, I don't really know much about having to file for a foreign LLC in CA.

I'm just filling out my SS-4 (application for employee identification number) and I'm wondering if I should use my california address for everything or the registered agent's addess in Delaware.

:pimp :pimp My launch date is May 3rd I have something cool planned

PamiebDVD 03-26-2007 07:07 PM

Quote:

Originally Posted by rapmaster (Post 12152203)
I have a question for anyone who's formed an LLC for a website, specifically and adult website

Does anyone know if it matters what state I file the LLC in, and if it matters that my primary physical location is not in that state?

I live in california and was wondering about having to register as a foreign llc if I register out of state.

Like was said earlier...you can register in any state you wish. If you are in CA, you'll have to then register with the state as a foreign business conducting business in the state.

Why don't you just get an accountant to help you out with the biz setup part? If it's just the logistics you're worried about.

GigoloMason 03-26-2007 07:08 PM

Quote:

Originally Posted by rapmaster (Post 12152203)
I have a question for anyone who's formed an LLC for a website, specifically and adult website

Does anyone know if it matters what state I file the LLC in, and if it matters that my primary physical location is not in that state?

I live in california and was wondering about having to register as a foreign llc if I register out of state.

The laws differ from state to state.

avalanche 03-26-2007 07:29 PM

Visit...

http://www.corporate.com/

They do all the paperwork and function as your resident agent! Very good prices!

rapmaster 03-26-2007 07:54 PM

Quote:

Originally Posted by avalanche (Post 12152601)
Visit...

http://www.corporate.com/

They do all the paperwork and function as your resident agent! Very good prices!

Thanks for the advice everyone.

Like I said, I already formed my LLC with myself and 2 partners as members. I have a registered agent and they are located in Delaware, which is where I formed the LLC.

I've had a hell of a time finding info on the net though. How does it work for a website, can a website just take orders from people all over the country and be registered only in one state? It's a lot different than a brick and mortar orperation.

Furthermore, I live in California, and so do my partners. Do I need to file as a foreign llc here? Is it fine for me to update the website from California even though I'm registered in Delaware?


Maybe it's a dry topic for some, but I want to make sure I start my business the right way - and theres so little information about forming an llc to operate a website

thanks again everyone

rapmaster 03-26-2007 07:56 PM

Quote:

Originally Posted by PamiebDVD (Post 12152539)
Like was said earlier...you can register in any state you wish. If you are in CA, you'll have to then register with the state as a foreign business conducting business in the state.

Why don't you just get an accountant to help you out with the biz setup part? If it's just the logistics you're worried about.

I'm going to do that I think. thanks.

rapmaster 03-26-2007 08:10 PM

Well, for anyone's future reference, I found an official document from the California Secretary Of State which discusses the issue

It looks like it's only a $70 fee to register... but then I have to pay the $800 a year like any california llc

http://www.ss.ca.gov/business/llc/forms/llc-5.pdf

Anyway, the reason I chose Delaware was because the identity of the members was confidential and not publicly disclosed - if I register as a foreign LLC in California is that no longer the case?

time to get an accountant, you're right.

rapmaster 03-26-2007 08:21 PM

What I still don't get though...

Is that I'm going to be selling memberships to people in all 50 states. Does this mean I'm conducting interstate business and thus need to file as a foreign llc in all states?

This sounds absurd as the cost would prohibit most small website owners from forming an llc

GigoloJustin 03-26-2007 08:39 PM

www.adultlaw.com

good adult advice

amateurcanada 03-26-2007 09:15 PM

www.corporate.com is best, will make sure your complaint - my friends use them

Rochard 03-26-2007 09:24 PM

Quote:

Originally Posted by avalanche (Post 12152601)
Visit...

http://www.corporate.com/

They do all the paperwork and function as your resident agent! Very good prices!

I formed one on my own in Arizona two years ago and it took months. Just did it with Corporate.com and I had a tax ID number in twenty-four hours.

rapmaster 03-26-2007 09:34 PM

Quote:

Originally Posted by GigoloJustin (Post 12152845)
www.adultlaw.com

good adult advice


Sounds cool, I'll check it out

Evil E 03-26-2007 11:04 PM

Here's some more infos about LLC in the states with relevant links.

http://www.delawareintercorp.com/

Evil E 03-26-2007 11:12 PM

http://www.startupjunkies.org/incorp.html

DWB 03-27-2007 10:31 AM

Out of the USA my man... out of the USA.

avalanche 03-27-2007 12:49 PM

Quote:

Originally Posted by rapmaster (Post 12152686)
Thanks for the advice everyone.

Like I said, I already formed my LLC with myself and 2 partners as members. I have a registered agent and they are located in Delaware, which is where I formed the LLC.

I've had a hell of a time finding info on the net though. How does it work for a website, can a website just take orders from people all over the country and be registered only in one state? It's a lot different than a brick and mortar orperation.

Furthermore, I live in California, and so do my partners. Do I need to file as a foreign llc here? Is it fine for me to update the website from California even though I'm registered in Delaware?


Maybe it's a dry topic for some, but I want to make sure I start my business the right way - and theres so little information about forming an llc to operate a website

thanks again everyone

Remember that if you register as a foreign LLC in California, and I imagine in most any state, you lose the benefits of the Delaware or Nevada corporation. I'm not that familiar with Delaware, but I know that if you register in California you are then liable for California Corporate Taxes. State foreign if at all possible.

GigoloMason 03-27-2007 12:53 PM

Quote:

Originally Posted by rapmaster (Post 12152781)
This sounds absurd as the cost would prohibit most small website owners from forming an llc

Technically it would mean you would simply need to file for a business license in any state you operate in (for a brick and mortar) not as a separate LLC.

That being said, with internet companies this standard hasn't really been applied\enforced.

JMM 03-27-2007 01:03 PM

You don't have to register in every state, just one. Your Delaware LLC is fine, you can sell memberships to anyone in any state.

The ONLY reason you would have to register as a foreign corp in California is if you have an office there, or actual employees in the state. These would be W-2 employees and NOT independent contractors.

And BTW, the term foreign, as it applies here, does not mean "outside the U.S.", it means outside of California.

PamiebDVD 03-27-2007 01:04 PM

Quote:

Originally Posted by rapmaster (Post 12152781)
What I still don't get though...

Is that I'm going to be selling memberships to people in all 50 states. Does this mean I'm conducting interstate business and thus need to file as a foreign llc in all states?

This sounds absurd as the cost would prohibit most small website owners from forming an llc

If you're in CA, you should only need to register as a foreign llc doing biz in CA. Yes, you've got the $800 annual state biz license fee and you've quarterly taxes on your CA memberships.

Just make sure that your t&c and tos are written up properly for legal purposes.

Like others have suggested, you should really look into getting some help with setting this up right - the first time.

rapmaster 03-27-2007 01:58 PM

Thanks everyone,

I'm actually contating an attorney today. The main reason we registered in Delaware is because some of the partners didn't want their identities disclosed in the articles or organization.

bDok 03-27-2007 03:01 PM

Quote:

Originally Posted by rapmaster (Post 12152504)
I guess maybe I'll contact a cheap attorney

:error :error :error

cheap and attorney :error :error


All times are GMT -7. The time now is 05:31 PM.

Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2025, vBulletin Solutions, Inc.
©2000-, AI Media Network Inc123