🚀 go-pugleaf

My impression is that it's really not worth the hassle.  I got that
impression from reading the books from Nolo Press (www.nolo.com) and
other
sources.

I'm interested in hearing why you're choosing to incorporate.  I'm in a
similar situation.

Mark



On Wed, 10 Mar 1999 19:29:29 GMT, engleton@ix.netcom.com wrote:

>
>My wife and I are currently looking into getting our Consulting Biz
>Incorporated. After much consideration we're leaning towards
>"S-Corporation"
>(any input in this area is still welcomed). The question that I have is:
>is
>it good to incorporate in a State other than the primary state we're
>doing
>business in? We live in California (where the incorporation fees, etc
>are
>very high) but would like to incorporate in Delaware(cheaper, simpler
>corporate laws and tax structure, etc.) Can any one shed any light on
>this
>for me. My  fear (concern) is that we would be cutting corners by
>finding a
>state that have cheaper incorporation fees, but that this cost would be
>offset by the total cost of incorporating in another state and
>qualifying to
>do business as a foreign corporation in the state(CA). Moreover, if I
>understand it correctly, A foreign corporation that qualifies to do
>business
>in another state is subject to taxes and annual report fees from both
>the
>state of incorporation and the qualifying state.
>
>Does anyone have any personal experience dealing with this? Any help is
>appreciated.
>George