Delaware corporations

Discussion in 'Ask An Owner Operator' started by WallyGator, May 17, 2008.

  1. WallyGator

    WallyGator Medium Load Member

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    Apr 6, 2008
    Clearwater,Florida
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    anyone use them for incorporating? i hear there the best.whats your opion? thanks Walt
     
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  3. Schlemazel

    Schlemazel Bobtail Member

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    1
    May 14, 2008
    Colden, NY
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    No.... Nevada and Wyoming are considered the best. With you being in FL though, I would just go with a FL corp... No corporate taxes (Sub S) and you don't need to pay for a servicing company.

    BTW, Delaware is great if you are a large corporation (Fortune 1000) in the NE
     
  4. Roadmedic

    Roadmedic Road Train Member

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    8,981
    Apr 4, 2007
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    Whichever is used can be a problem in a home state. Our state charges a higher foreign corporation fee than it does for the in state.
     
  5. Schlemazel

    Schlemazel Bobtail Member

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    1
    May 14, 2008
    Colden, NY
    0
    The reason why people like NV and WY is because of their LACK of fees. WY in particular because they don't even have too many requirements on directors, minutes and so forth. I personally prefer to have the corporation in my home state, and I live in NY! Many rules involving loans and grants that are easier to obtain when you are incorporated in the state you are applying in.
     
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