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Old 2004-10-05, 10:34 AM   #10
Linkster
NO! Im not a female - but being a dragon, I do eat them.
 
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Join Date: Mar 2003
Location: Sex Delta
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One thing to keep in mind as well as the previous advice - it definitely depends on what type of corporation you are setting up - whether it be a partnership, a LLC, a full corp or a partnership LLC - which way your tax benefits will fall - in my case it happened to be cheaper to maintain a registered agent in DE and report my income in my home state as well as a partnership LLC - and we own a few of them - but being a partnership LLC we also get some big benefits against personal income

Gotta agree that talking to a friendly accountant is your best step - and as mentioned - make sure they are aggresive on tax rules for deductions and types of income.
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