2007-01-31 05:51:45 · 3 answers · asked by rated_k_2000 1 in Business & Finance ➔ Corporations
If you will have a small, closely-held (few stockholders) you will likely incorporate as a Sub-Chapter S Corporation (often called an S-Corp.)
If that's the case, the corporation's profits are not taxed directly, but are added to the personal income of the shareholders of the corporation.
If that is what you will be doing, there is no reason to incorporate in a state other than your home state. In fact, it will be simpler, and less costly to do so (if you have an S-Corp.)
Good luck.
2007-02-01 02:35:06 · answer #1 · answered by David545 5 · 0⤊ 0⤋
Delaware is reputed to be the most tax friendly.
2007-01-31 13:58:21 · answer #2 · answered by Amy V 4 · 0⤊ 0⤋
Delaware. All the credit card co. are there. No taxes
2007-01-31 13:59:20 · answer #3 · answered by Me 3 · 0⤊ 0⤋