🚀 go-pugleaf

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