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Originally posted by Jason
I hope I'm not intruding on the thread, but I have some additional questions for you guys on this topic:
What path did you follow for getting incorporated? Did you do it yourself, get a local lawyer, or do it online? I've heard of a couple people doing it online and just want to hear other opinions.
Are you incorporated in your state? A couple of my buddies are incorporated in Delaware and Las Vegas due to their more pleasant business laws.
Thanks for your time fellas and fellettes.
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I did my LLC online a couple years ago. It's not so involved to start a company...but there is a fair responsibility in maintaining one...properly.
Check out:
http://search.yahoo.com/search?p=onl...t&cop=mss&tab=
While one can do it pretty cheap themselves, I must admit I like the kits one can order with the companies that do it online.
Go to most of the advertisers and top ranked sites. They have good information on things.
Here's some info from the Legal Zoom site:
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Where should I form the corporation?
You can incorporate in any of the 50 states. Delaware is a popular choice because of its history, experience, recognition and pro-business climate. In fact, over half of the companies listed on the New York Stock Exchange are incorporated in Delaware. Recently, Nevada has also gained popularity due to its pro-business environment and lack of a formal information-sharing agreement with the IRS. Neither Delaware nor Nevada have corporate income taxes, and business filings in these states can usually be performed more quickly than in other states.
Many people also choose to incorporate in their home state. Doing so may save you money because corporations are required to register as a "foreign corporation" in each state where they do business, and there is often no need to pay another person to serve as the registered agent. For example, a Delaware corporation that has its main business office in Texas must register as a "foreign corporation" with the Texas Secretary of State.
However, if your home state has a high corporate income tax or high state fee, and your corporation will not "do business" in the home state, it may be wise to incorporate elsewhere. "Doing business" means more than just selling products or making passive investments in that state. It usually requires occupying an office or otherwise having an active business presence.
Registered Agent
Each corporation must have a registered agent, the person designated to receive official state correspondence and notice if the corporation is "served" with a lawsuit. The registered agent must be either (1) an adult living in the state of formation with a street address (P.O. boxes are not acceptable) or (2) a corporation with a business office in the state of formation which provides registered agent services.
As previously mentioned, one of the advantages of forming a corporation in your home state is that any officer or director can act as the registered agent. However, there are some advantages to having another person or company act as your registered agent. First, this adds an extra layer of privacy, since the name and address of the registered agent is publicly available. Second, this ensures that if your corporation is named in a lawsuit, no one will surprise you at home on a Sunday night with court papers.
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