3 most common questionsWhere should I form my company?
- If you form your company in a state other than where your business is located, you will be required to "qualify to do business" in your own state. Doing so, subjects your company to all the same fees and taxes as if you incorporated in your own state in the first place.
- For the most part, the notion of forming a company in Nevada is a myth. There is no benefit unless you are doing business in Nevada. And, you will likely incur additional costs.
- If you plan to move to another state in the future, Delaware could save you a great deal of money, by making it easy to stop paying tax in the state you are leaving.