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Do we have to open a bank account in the same state as my LLC?
...will open a business checking for a WY LLC in any other location. For example, our company is a WY LLC and we opened our account in Chase bank in...
Cost of Incorporating in Illinois
...whether you intend to hire an incorporation service or do it yourself, the range of cost for forming a company in Illinois would run between $175 (state fee for forming...
Internet business in Texas, but incorporating in WY
Alex, Technically its a grey area – on one hand if your business could have no real connection to Texas, for example you would not draw any salary (only distribute...
Live in NJ conducting business in NY
Michelle, In this case, it would really depend on the nature of the business you are conducting. For example, if you are only coming to New York to meet clients,...
Registering an LLC in Nevada, Delaware or Colorado?
Dear Kyra, If you are running your business from a home in Colorado you technically create what is called “nexus” in Colorado. It means, for example, that your company would...
S Corp in a different state
Jim, You certainly could open an S-Corp in Wyoming, Nevada, or any of the United States, regardless of where your business address would be. (For example, you could use your...
Start business in Nevada or Wyoming if I live in California?
Justin, Nevada can be a very expensive state to register and maintain a company in. We usually only recommend Nevada when you have a strong nexus with the state, such...
Tax consequences of NV LLC when working in CA (me) & CO (my partner)
...account in any other state, provided you supply the banker with a letter stating the company does no business in that state. This way you avoid having to supply them...
What are the costs associated with an S-Corp in Ohio?
Simon, The costs associated with forming any new entity varies greatly depending on your regional and business needs. For example, if you are selling products, or rendering a professional service...
What state to file in?
...example, if a member is running some of the business operations from a home office in Kansas, then your company is required to foreign qualify in Kansas (in other words,...
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