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LLC corporations



10/10/2003 4:52:59 PM


Which state offers the best LLC filing? Initial fees? Annual fees? Minimum
tax?
 
 
cj.green@worldnet.att.net (Christopher Green)
10/10/2003 8:30:54 PM


<targetd@comcast.net> wrote in message news:<LtBhb.532870$Oz4.429590@rwcrnsc54>...
Which state offers the best LLC filing? Initial fees? Annual fees? Minimum
tax?
The state where your business is going to operate.
Forming an LLC or corporation in another state is an expensive waste
of time for ordinary people. The state where you operate will tax you
as a foreign entity; this normally means that you end up paying just
as much in taxes and fees as if you had formed your company there in
the first place. Plus you get the extra enjoyment of dealing with two
states instead of one.
For example, the promoters who flog Nevada incorporation never tell
California residents that it costs just as much to qualify their
Nevada corporation to do business in California as it would have been
to incorporate in California in the first place.
--
Not a lawyer,
Chris Green
 
 
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