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

State of Incorporation

Asked by: amy - 24 January, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 I'm a GA resident. Is it advantageous to form a Delaware corp instead of GA?
Answered by: Ray Albert - 28 January, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/194.jpg-630c771619e92bede7e6f696b56767b9 Amy,

Registering your corporation in the state of Delaware could be very advantageous for their extremely business-friendly approach to regulations and the fact that this state does not have a state sales tax.

As a resident of Georgia, incorporating in Delaware would be an advantage if you sell products through an online store, typically from your home. Since the state of Delaware does not charge a state sales tax, you would not have to spend the time and money applying for a state sales tax vendor id. Another advantage of Delaware is that any attorney can practice this state's law.

If you conduct all of your business online and are providing a service, then I would look into the possibility of incorporating in Wyoming. They have very low set-up and maintenance fees, and like Delaware, is built around very business-friendly regulations. Wyoming has sales tax, but if you provide services that would not concern you. 

If you have a physical location (such as an office), or you conduct your business in person with the option to deduct home office related expenses, then its probably better to just to register your business in Georgia.

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