Tagged Questions

0
votes
0answers
12 views

Web Startup: Living in Florida, incorporating in Delaware/Florida? [duplicate]

I am running single owned web startup right now. Its not live yet so that is why I am posting this question. I am currently living in Florida for past 3 years and within next couple of months I will ...
1
vote
3answers
44 views

Language for Articles of Organization LLC Ownership

I am in the process of drafting the articles of organization for my LLC. I would like to specify in there, that the ownership of the LLC is specified with units, and LLC members receive a certain ...
1
vote
4answers
154 views

C-Corp vs LLC. How much more complex?

I am starting a technology business with my 50% partner. We are trying to decide between an LLC and a C-Corp. (We are in Michigan) In our case an S-Corp probably won't work too well. I've read a ...
0
votes
1answer
94 views

Incorporating IT service consultant work under an LLC

I have a small number of clients for whom I provide IT and website hosting services on a recurring basis (all side-work). While I'm still just breaking even due to hardware/cloud expenses at the ...
0
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2answers
188 views

Where Shall I Establish My LLC/LLP?

I am an engineer that will soon be having a sole client, an Austin, TX based company. I will be providing my services while working from my home office (in NY state); occassionally (say, once in a ...
0
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2answers
58 views

Incorporating in Delaware, Does the owner have to create publications to be recognized as an LLC?

I'm planning to incorporate in Delaware. But not sure If from the start I have to create an x amount of publications to be recognized in the state as an LLC. I incorporated an LLC In NYC and it was a ...
1
vote
1answer
100 views

Affiliate Marketing Income - When Should I LLC or Incorporate?

I am currently making a decent amount of income from affiliate marketing (people go to my site, click my link for product X, and if they buy product X, I make a percentage of the sale). I am ...
1
vote
2answers
71 views

I can't seem to find this answer anywhere regarding LLC

I live in CT but I have office space in NH, where would I register for an LLC? I don't plan on moving there and have employees in NH, so what should I do?
2
votes
1answer
121 views

LLC vs Corp - anonymonity of equity partners?

My startup has one or more equity partners that, at this time, prefers to remain anonymous. Does an LLC have any disadvantages over a Corp in this regard? The anonymous will not be on the board if we ...
1
vote
1answer
150 views

LLC now and C-Corp later?

I am currently working on my startup myself without any income, but looking forward to release it soon in a month or so. By reading through all the Q&A, I was not able to find info on this ...
1
vote
2answers
184 views

Does an LLC provide equal liability protection as an S or C corp?

My early stage startup is at the point where we need to form a corporate entity. I've read a lot on the web and here about the advantages and disadvantages of the LLC vs C-Corp (and the tax accounting ...
2
votes
2answers
128 views

does anybody know of a non-us country with low cost of incorporation

so from what I've seen the US offers quite low incorporation cost (it appears that you can form an LLC just by a few hundred dollars) my question is, is there any other country that satisfy these ...
2
votes
4answers
285 views

Three-person startup not sure which state to incorporate in

Currently forming a three-person startup; our members live in Tampa, Florida & Hayward, California & Arlington, Virginia. It will be a politics-based web game, and we are reasonably sure ...
1
vote
2answers
304 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 ...
4
votes
1answer
217 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
5answers
467 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
152 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 ...
2
votes
1answer
138 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
2answers
188 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 ...
4
votes
4answers
459 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 ...
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
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 ...
2
votes
2answers
568 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 ...
6
votes
1answer
889 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 ...
5
votes
3answers
2k views

Should we convert our LLC to a C-Corp?

We've reached a point where we need either hard capital or strategic hire capital and as an LLC it seems like it is much harder to grant capital (either immediately or in a vesting process). Also, ...
7
votes
4answers
363 views

Creating a Business for Side Programming

I'm an Android developer that has made money over some of the apps I've created in the past year. I have no corporate filing so I am currently considered a sole proprietor in the state of Florida. I ...
1
vote
2answers
53 views

Is the Secretary of State the general office, state to state, for registering a company?

All varying acronyms of incorporation aside, what exceptions (i.e. particular states) are there to the assumption that from state to state, if I need to register my company (for whatever particular ...
1
vote
4answers
114 views

full-service incorporation/taxes/etc… firm - worth it? recommendations?

I'm interested in forming a one-man LLC in California, to do a website software-as-a-service (SaaS) business. But the more I look into it, it seems like a lot of paperwork and tax filings (e.g. ...
3
votes
3answers
621 views

Cheapest way to llc/merchant account?

My current startup(which consists of two) is going through incorporation, registering the merchant account and hooking it up with Braintree. I saw Jason L Baptiste's interview on Mixergy where he ...
2
votes
3answers
820 views

Under what scenario would an out of state LLC NOT have to be registered?

There are a number of people asking somewhat similar questions on here, and typically the answer is a combination of: "You need to register as an out of state LLC" "There is no reason to not ...
1
vote
3answers
307 views

Wanting to create another startup, should I create another LLC?

I already have one "startup" going, which is my web development job on the side. I have created an LLC for that. I now what to start another startup in a whole other industry. It will basically ...
1
vote
1answer
300 views

What business structure should I have if I want to offer convertible debt notes?

I'm thinking about forming a single-member LLC (in the US), but I've never done convertible debt notes (bonds) before, so I don't know what impact that would have on my business structure. Is there ...
1
vote
2answers
2k views

LLC for virtual company with members in multiple states

I am starting up a small business software company with a friend who happens to live in another state (I am in MA, he is in IL). We are planning on creating an LLC for liability protection, and are ...
2
votes
3answers
301 views

Where to corporate if founders are temporarily in two different states?

Currently one founder is in Michigan and one is in Texas. Neither of us plan to live in these states for much longer. We both will more than likely end up in NYC. In the meantime, should we hold ...
3
votes
5answers
676 views

S-corp or LLC for new software business in the United States

Pertaining to a new mISV (software business), should I choose an S-Corp or an LLC. Which would you choose and why?
0
votes
1answer
59 views

Should I incorporate my sports equipment buisness?

I have a small specialty sports equipment business that I have been running as a sole proprietorship for a few years now. I have been selling primarily at fairs and conventions for a decent return on ...
3
votes
3answers
288 views

What is the process required/recommended to convert a website into an LLC?

Given that I have a website that is making revenue, live in California, and would like it to be claimed under an LLC, what is the process to accomplish this? Should I be forming a sole proprietorship ...
2
votes
2answers
313 views

will my FEIN change if I switch my california LLC to a NON PROFIT?

will my FEIN change if I switch my california LLC to a NON PROFIT organization?
3
votes
4answers
2k views

What does it entail to form LLC in Nevada, if I live outside Nevada?

What does it entail to form LLC in Nevada if I live outside Nevada? I would like to benefit from Nevada's tax/business-friendly laws. I would be the sole founder a software business. The product(s) ...
5
votes
3answers
348 views

Is an LLC right for me?

I have a general idea of all of the business structures. I'm living with parents, with a toyota camry with 200k+ miles on it. I plan on launching a web service where people pay less than $100/month ...
1
vote
3answers
272 views

LLC Formation in California

I recently submitted paperwork to form a LLC in California. About a week after submitting my paper work, I came across this post: http://answers.google.com/answers/threadview/id/107228.html One ...
5
votes
3answers
3k views

Why don't investors like to invest in an LLC?

I have read that if you are raising money, that an LLC is a dispreferred vehicle for your company. Why do investors not like to invest in an LLC?
5
votes
9answers
2k views

Are LLC and “S Corporation” the same thing? What are the differences?

From what I have read, both LLCs and S-Corps give you the benefits of a Corporation for legal purposes while avoiding double taxation. However, I can't determine what the difference between the two ...
2
votes
4answers
3k views

Seller permit to sell online in US for non resident

I am a non resident of US. I'm setting up this online store where you can buy consumer products - targeted at US market. When I approached wholesale suppliers who don't have any affliate model they ...
4
votes
5answers
2k views

Can I easily/affordably incorporate in another state without claiming residence there?

I work primarily in internet marketing, recently several states have instituted internet tax laws, causing several companies to reconsider working with my firm due to the fact that if they worked with ...