Incorporation is the forming of a new corporation.
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1answer
239 views
Do you pay self-employment taxes as an S-Corp?
I worked as a consultent for a number of years, just doing regular old programming gigs. While I was doing this I did my taxes as a sole-proprietorship. I had to pay marginal tax and self-employment ...
1
vote
2answers
298 views
Online business and state registration?
I'd like to form an LLC for an online business in a state other than mine (I live in California), but am not sure about the state in which I should register the business afterward. The business will ...
2
votes
3answers
289 views
Novice questions on starting a business
Lets pretend I'm starting an on line company which sells email accounts; I have some (probably laughable) questions because I'm new to this:
Do I have to register as a business with Companies House ...
3
votes
2answers
476 views
Incorporating in the U.S. as an undocumented immigrant
My business partner and I are currently a partnership. We run a business in which we publish apps to iOS and Android. We are generating enough profits that we want to incorporate so we can hire ...
0
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1answer
69 views
In partnerships, should there be agreements to protect the idea?
You are look for people to co-operate with you on a startup. That means you will share your idea with them, and I know sharing your ideas with people you don't know it's not the best thing.
So, my ...
5
votes
3answers
519 views
What does it mean to “do business in state X” if you are an online service?
I am curious, when it comes to incorporating or forming an LLC, a lot of legalese harps on how you need to file papers in the state you're doing business in.
What if your startup
a) does not take in ...
4
votes
1answer
214 views
Foreigner opening online store in the USA
I'm from Europe, don't plan to move to the USA
I will open an ONLINE store ONLY (no physical stores)
Goods will be imported from Europe
Shipping will be handled by the fulfillment company
I am ...
1
vote
1answer
337 views
Few startups questions with Partner who has H1B status
Myself and two other partners are planning to start a C-Corporation. One of the partners is on H1B visa sponsored by his employer and he is getting a W2 from them. We have few questions:
Can a ...
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5answers
456 views
Out-of-state LLC for Amazon Associates?
I'm planning on launching a website that revolves around product recommendations and reviews, which would make use of the Amazon API to take advantage of their affiliate program.
I was surprised to ...
1
vote
1answer
300 views
tax implications of not assigning ip early enough to a startup from founder
I'm the sole founder of a startup and I've incorporated a delaware c-corp, but have not yet issued any shares. I'm putting all that legal stuff off so I can focus on product development. Plan is to ...
0
votes
2answers
316 views
Started S Corp in 2010 but did not make any money til now
I started an S corp April 2010 but the project was put on hold. We didn't file the 1120S or 2253 that were due 3/15/2011. This month we are starting to work on a project which will start to bring ...
1
vote
1answer
150 views
I want to sell my company after 1 year and would like to pay long term capital gains tax. Should I go for LLC ro C/S copr?
I have read some questions and asked some people. I have not got the answer.
I understand the basic difference between LLC and C/S corp . I am not sure about long term capital gains tax.
Suppose I ...
1
vote
2answers
290 views
Can I start a company in India while working in the USA on an H1B?
Can I start an internet-based company in India, while working in the USA on an H1B visa? Will I be able to incorporate in India and pay taxes? Is it allowed? What are my options?
2
votes
2answers
470 views
Should I Incorporate in Nevada for Internet Business?
I have an internet based business with no physical location and my business partners all live in different states.
I want to incorporate and was thinking about doing it in Nevada or Delaware. The ...
2
votes
1answer
137 views
Where are the owners of an LLC recorded?
Most states do not require an LLC to publicly disclose the names of its members. Where are the LLC's members recorded? Is it only in the Operation Agreement? I know ownership is assigned in the ...
0
votes
1answer
241 views
Which state should I choose for incorporation for a new online sales business?
I know that internet taxation laws have changed for states in the past year. Is there a state that is more internet commerce friendly that I should choose for incorporation?
I am currently ...
0
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2answers
183 views
Most tax beneficial way to incorporate as a contractor
I am currently contracting as a software engineer on a W2, and I am thinking of incorporating. Which is the most tax beneficial way, an LLC, sole proprietorship, S-Corp?
Keep in mind that at this ...
0
votes
1answer
74 views
Can a business registered/incorporated in one province do business in another province?
I've been getting conflicting advice about this, and figure if there's a spot that would know the answer one way or the other, it's onstartups.com
In a nutshell I'm trying to find out if I have to ...
1
vote
2answers
221 views
UK Ltd company formation agent advice and pitfalls?
I am on the verge of pushing the button and incorporating my startup. I have determined that a UK Ltd company is the right corporate vehicle for me. I have also decided to use a formation service ...
3
votes
2answers
134 views
Planning to do a startup in USA from my country, were I can find employees?
Im planning to hire 3 employees in a soon to be corporation in USA, but I would be only a director because of my passive role as a non immigrant. How I can find qualified people, meet them in a trip ...
3
votes
2answers
1k views
Can an Indian promoter/founder/entrepreneur register his business and get it incorporated in the US?
What is the US law that deals with regulations for incorporated entities? In India, we have the Indian Companies Act, 1956.
I am an entrepreneur. I want to know if I can register my business as a ...
4
votes
4answers
457 views
Should I incorporate or do an LLC?
I am building a startup. Right now I am thinking of having a company that is an umbrella around the different attempts I make. Which would you suggest? Should I incorporate or do an LLC? What are the ...
1
vote
1answer
280 views
Developing open-source project via sponsorship or company-to-individual contracting as a path to a startup/incorporation?
I've been working on open-source projects for years basically without pay. Although I had a salary while I helped develop these projects under the umbrella need for something at work, much of the ...
3
votes
2answers
155 views
Made an error on incorporation, what do I need to do to ammend it?
We (me and my partner) recently incorporated as a Limited By Shares company (Ltd). Stupidly, when filling out the forms we put down 1m shares with nominal value at £1 thinking these were just ...
1
vote
1answer
98 views
transferring ownership of a website from one corporation to another
suppose I own two corporations...one is incorporated in delaware and another one incorporated in cayman islands
suppose the website is currently owned by the cayman islands corporation and the ...
3
votes
2answers
110 views
How to form an INC Company
I would like to know how inc companies are formed. Is it only beyond some threshold revenue or asset barrier that companies can be incorporated as incs. I have seen most of the US major companies: ...
2
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3answers
93 views
are VCs less likely to fund companies incorporated overseas
suppose I incorporate my company at Cayman Islands and then try to seek VC investment....are VCs more averse in investing in such companies compared to say incorporating in Delaware?
3
votes
8answers
3k views
What is the cheapest state to start an LLC in?
I'm curious about filing fees and annual taxes in the various states. Is there anywhere that breaks this information down in a clear easy to understand format?
2
votes
3answers
1k views
Co-founders unequal shares but how about initial capital injection?
Currently I'm working on a project together with 1 co-founder and soon we are going to incorporate a company. We agreed that I get 70% shares and he gets 30% . The reason is because I started the ...
2
votes
5answers
1k views
LLC or S-corp for a 2 person California consulting company
My business partner and I currently work as independent contractors in California writing software and have decided to turn it into a real company. Ownership will be 50/50. All revenue will come from ...
4
votes
3answers
327 views
Did you incorporate in Delaware and get surprised by the minimum annual franchise tax this year?
Looks like the DE Franchise Tax Board & SecState changed the minimum authorized shares tax - a lot of companies that incorporated this past year may have been unaware of this change or not sure ...
2
votes
2answers
541 views
Where am I “doing business” if I only have a website and I (potentially) sell to companies all over the world?
This is spawned from @Dana Shultz's answer to this question.
from this portion of his answer:
...if you incorporate elsewhere but do
business in CA, you will need to
register in CA, too...
...
2
votes
3answers
710 views
Being liable as a sole proprietorship VS director at a corporation
I am considering starting presales of a product. Since money may be coming in I wanted a business bank account so if I am ever sued for any reason I'll only lose what I put in the business and not ...
2
votes
1answer
72 views
Price vs. long-term potential: how to pick counsel for incorporation?
For those of us who have incorporated a start-up and for those of us who are in the process:
(1) did you hire counsel to handle the initial paperwork (i.e., for the initial founders' stock issuance, ...
6
votes
1answer
696 views
What are the disadvantages / pitfalls of incorporating offshore?
I am looking into setting up a company for a business I'm bootstrapping, that I plan to finance by doing consulting/freelancing. So I would like to set up a legal entity to do business.
The main ...
4
votes
3answers
533 views
Why incorporate in the US? What about Bermuda and other tax-advantageous countries?
Basically, why should one incorporate in the US? I'm interested in three cases:
1 - Most of the revenue and employees are in the US.
2 - Most of the employees are in the US, but the revenues come ...
1
vote
2answers
150 views
Registration of a company in Hong Kong
I have a business in Hangzhou, China. What advantages are there to registering a company in Hong Kong? What are the disadvantages? Will a company identity in Hong Kong incur a lot of costs? Is it ...
4
votes
2answers
133 views
Consulting while bootstrapping. How to organise company?
I'm a developer who has just sorted out part time consultancy work which I would like to use to maintain myself while bootstrapping a SAAS startup as a solo (for now) founder.
Given that I'd like to ...
1
vote
4answers
381 views
Having trouble dividing the pie w/ my partner, care to help cut the slices?
On January 15 a buddy of mine (who is not technical with a full time job in the social gaming/payment space) came to me (an independent Web Strategist SEO/Social Media looking for my next big thing) ...
3
votes
3answers
3k views
If my company is in California can I incorporate in a different state?
I've heard that most US corporations are in Delaware or Nevada because they are the friendliest to corporations.
I don't have an office or anything, but I'm looking to start an internet based ...
2
votes
2answers
561 views
Costs associated with starting an LLC in Massachusetts?
I am going to be starting a LLC business (wedding photography) and I was curious about the associated costs. The business will be registered in Massachusetts. I understand that an exact number may not ...
1
vote
1answer
176 views
How are corporate taxes handled for an Internet-based business if owners live in multiple states?
Two friends and I are creating an ecommerce site. I live in VA, while the other two are in NY. If we incorporate in VA and then register in NY as a foreign corporation, how are corporate taxes ...
2
votes
1answer
123 views
Virtual corporations, state registration and taxation
This question seems to have been beat up on this site, but I can't find a direct answer.
If I have an internet business incorporated in Delaware that sells software online, and I personally live in ...
3
votes
3answers
399 views
Where should I incorporate as an American expatriate?
I am a U.S. citizen who is about to move to Mexico for the next 2-4 years. Following that, I expect to move to Italy more or less permanently. So my question is, is there any advantage/disadvantage to ...
2
votes
1answer
322 views
C Corporation single shareholder / highly-compensated employee limitations?
If I'm a single shareholder/owner and employee of a C Corporation, am I limited from taking any deductions due to being a highly-compensated employee (due to share ownership)?
1
vote
3answers
721 views
How to introduce a new service to a conservative target?
We have a shop that sells to resellers. So far, we get the orders by phone calls or faxes. I have been tuning a website that will allow resellers to do all those common tasks online, plus some extra ...
6
votes
1answer
886 views
C Corp vs LLC Taxes
I'm trying to figure out the various taxes taken out for a C Corp vs LLC. Single-member/ shareholder. (C Corp has more deductions.)
C Corp: (1) Tax on profit (after deductions), (2) Payroll tax ...
4
votes
4answers
808 views
Basic legal requirements to set up web design business in UK
I am in the UK and I want to start designing web sites for people, through my own web design company, mainly because it is about the only thing I can do due to a disability. I have set up my own car ...
1
vote
3answers
151 views
How should I register my business
My friend and I have been working as independent energy consultants for about a year now and we are planning to incorporate to be able to extend our services. We both got our PhDs last year and we ...
4
votes
1answer
226 views
incorporating a subsidiary company for each web app
My company (a Delaware C-corp) develops and runs a number of websites that will soon be offering paid accounts. What are the advantages and disadvantages of each website being its own subsidiary, and ...
