Call Us Now: +1 (877) 330-2677 Live Chat: ONLINE NOW            
https://d25eic0jctudgb.cloudfront.net/images/site/general/answers-to-answers-8743d0241f5d8c2c996225efe2063f89
https://d25eic0jctudgb.cloudfront.net/images/site/headlines/articles.jpg-5fa541d76bf4be9016b1176147b3bc96

Best state in which to incorporate?

Asked by: Andrew - 23 July, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 In which state is it better to incorporate, for a one-man IT consulting business?
Answered by: Ray Albert - 25 July, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/194.jpg-630c771619e92bede7e6f696b56767b9 Andrew,

Without knowing your home state or nature of your business, it's difficult to give you a direct answer.

With an online business, you could technically register your business with any state. Typically, states such as Wyoming or Delaware are very popular as they are considered the "corporate heavens" along with Nevada. (Though with Nevada's higher set-up and annual fees, it's usually best to incorporate there if you have a physical presence in the state).

Keep in mind, if you are using an address in your home state for the business address and plan on writing-off your business expenses, it may create a nexus in your state, and you may possibly then have to have your business registered in that state as a foreign entity.

It's always highly suggested you consult an accountant with your business plans.

Comments:

We Want To Connect With You!

Social Media is increasingly the preferred method for businesses to connect with their clients, peers and customers. We are dedicated to share information and useful tools to help you grow your business.

Like us on Facebook, follow us on Twitter, and let's begin the exchange to Help Grow America One Business at a Time - starting with yours!

https://d25eic0jctudgb.cloudfront.net/images/site/general/payment-methods-footer-052a63251a379d6e5ece1801f07470fc Official PayPal Seal SecurityMetrics for PCI Compliance, QSA, IDS, Penetration Testing, Forensics, and Vulnerability Assessment