I live in Florida but wants to open my Inc in a different state.

Discussion in 'Ask An Owner Operator' started by Davidsti1, Jun 16, 2019.

  1. Davidsti1

    Davidsti1 Bobtail Member

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    I found few threads but still can’t figure this out.
    I’m from south Florida but wants to rent an office and open my one man trucking company in a different state. I’ll be the only employee. I’m hearing it wouldn’t be legal? I don’t understand why, I’ll be running mostly NY—CA and back.
    Can someone chime in?
    Thanks.
     
  2. Tomitoe

    Tomitoe Bobtail Member

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    You can open a business in any State you wish. I suggest you locate in a State with no State income tax. Florida is one of these.
     
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  3. Ridgeline

    Ridgeline Road Train Member

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    Before any one can answer you, why has to be answered.
     
  4. Davidsti1

    Davidsti1 Bobtail Member

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    Well there is no business in Florida I’ll drive off the state and mostly fly home for vacations, also insurance down here is crazy expensive.
     
  5. starmac

    starmac Road Train Member

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    I read some years back that some lending institutions did not like lending to Florida businesses because of some easy bankruptcy laws they have.
     
  6. Ridgeline

    Ridgeline Road Train Member

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    That makes no sense.

    Insurance isn't the issue, price it in other states, it is almost the same everywhere because it is commercial insurance. Try Michigan if you want to see crazy on cars and pickups.

    Put your business in Florida, run it out of your truck.
     
  7. Tomitoe

    Tomitoe Bobtail Member

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    If you have incorporated in FL you can move to any State you want. Just pick one that does not have a State income tax. It is legal.
     
  8. Tombstone69

    Tombstone69 Road Train Member

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    A lot of people around here use Delaware as a home base, for tax purposes, no income tax and no sales tax(as long as you do business outside the state), 300$ annual fee. Cheaper, like registration of trailers, Maine and Indiana come to mind. Check out ez-corp.org for LLC availiability.
     
  9. 77fib77

    77fib77 Road Train Member

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    Run your business out of your home. Why pay rent. End of the year you don't have to work the two weeks to pay for the rent.
     
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