Where Should I Incorporate?
This is probably one of the most frequently asked questions by people looking to form a corporation or Limited Liability Company (LLC).
The answer is that it's usually best to incorporate or form your limited liability company in the state where you are physically located and doing business in. The reason for this is that if you are incorporated in one state, but doing business in another, you will probably be required to register as a "Foreign Corporation". This is known as qualifying.
Advantages of Incorporating in Your Home State:
It is usually the least complicated and least expensive option if you only plan to operate your business in your home state. This way you avoid paying franchise taxes and filing annual reports in the state of incorporation / formation as well as the state that you are doing business in.
Disadvantages:
You may miss out on the advantages of forming a corporation or limited liability company in a corporate friendly state like Delaware.
Why Delaware?
Due to the unique incorporation laws and favorable tax policies, certain states are well known as favorable homes for corporations. If you'll be doing business in multiple states, you may want to consider incorporating in the state of Delaware or possibly Nevada.
Are You Doing Business in More Than One State?
If you are doing business throughout the U.S. and abroad. A corporation having business locations in multiple states may form a corporation or LLC in a single state, like Delaware, then "qualify" to do business in other states. This means companies must formally register, file annual reports and pay annual fees to obtain authority to conduct business in those states; and benefit from the laws of the state.
If you are ready to form your own corporation or Limited Liability Company, you can start the process by filling out our secure online order form, or you can call one of our incorporation specialists at: 866-421-8416, and place your order over the phone.
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