Can You Incorporate Your Business in Another State?So you think it's too much trouble to incorporate in another state; well you're wrong. Howard J Giske
October 27, 2006
|
|
| 1.0/5.0 (1 votes total) |
|
|
Many business
people must be shaking their head. What
is the use of incorporating in Nevada, in Delaware, or in another
state other than their own, when they are located far from your office. If you do most or all of your business in
your home state, or a couple of neighboring states, it may not seem worth the
hassle of incorporating in another state. However, if you have deal with customers from all over the 50 states or
all over the world, consider the benefits of incorporating your company in Delaware or Nevada. Nevada
incorporation, a state with no corporate or personal income taxes, may be just
what the doctor ordered. With modern
communications, national and international phone rates coming down and the Internet
carrying information all over the world, new options exist that never were
available before. You can forward your
mail using US Mail and other carrier services, and you can stay in touch from
anywhere around the world. You may have
to pay fees and file forms in many different states regardless of where you are
incorporated, depending on your type of business. These fees are associated with the right to
do business in these states whether you are incorporated there or not.
The benefits of
incorporating in the states of Delaware and Nevada are well
known. They start from no or low
corporate taxes, and go on from there. In the state of Nevada,
there are no personal income taxes or corporate taxes. There’s no information sharing by the local or
state government with the IRS. The low
state licensing and other fees, and the minimal disclosure requirements have
made Nevada a true incorporation paradise for
companies all over the United
States and throughout the world.
Now with cheaper international phone service and using the
Internet, it is easier than ever to take advantage of these possibilities in Nevada. These are things that are particularly easy to
do today with the Internet. Anyone with
a secure telephone and Internet, one can send scans and faxes through the
Internet at lightning speed, and even send MP3 audio files.
You can arrange to have goods mailed from your U.S. corporate location with a US postal
mark. There’s also virtual receptionist answering
your phone calls and forwarding them to your operating location. Alternatively, summaries of important calls
can be sent to you by email. Office
facilities are available too, that can be as little as a cubicle with a
telephone extension, a fax machine and a computer.
It can also include the use of facilities on
a time share basis including a conference room or a board room. You may make use of a local representative to
get you the paperwork about sales tax, local business licenses and your state
business license. Such a “business agent”
is available from some companies that are also involved in the mail forwarding
and mail drop businesses. This will give
you a stronger local presence by having an officer of the company at your place
of incorporation.
|