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  LiveWire / Teen Forums / Science & Business / Viewing Topic

Corporation
Replies: 8 — Last Post Jan. 5, 2007 1:27am by ajm51987
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( medjai )



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From my own research I've determined that Delaware and Nevada are the two 'best' states to register corporations and limited liability companies in, but I'm curious as to the benefits of registering your domicile in Minnesota.

Several large companies are based there, and so my interest is piked, what perks does Minnesota offer.

Do directors have to be listed, officers? How high is their tax, does initial stock value influence registering costs? Etc etc.

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Who dares wins. - Special Air Service

5:06 am on Jan. 3, 2007 | Joined Nov. 2003 | 1248 Days Active
Join to learn more about medjai California, United States | Straight Male | 10649 Posts | 28042 Points
X Reptar X

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I don't know, but if you're in California, why does Minnesota really matter? -.-

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Sing me a song,
I don't wanna hear my life go by
5:08 am on Jan. 3, 2007 | Joined Oct. 2006 | 54 Days Active
Join to learn more about X Reptar X Tennessee, United States | Female | 892 Posts | -31 Points
( medjai )



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You don't necessarily have to register in your state of residency.

California's interesting too, but I don't want to have to deal with practicing in my state of license as that has its own implications.

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Who dares wins. - Special Air Service

5:11 am on Jan. 3, 2007 | Joined Nov. 2003 | 1248 Days Active
Join to learn more about medjai California, United States | Straight Male | 10649 Posts | 28042 Points
( medjai )



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I already have something registered with Delaware, and it's nice so far, I'm just curious as to other options.

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Who dares wins. - Special Air Service
5:12 am on Jan. 3, 2007 | Joined Nov. 2003 | 1248 Days Active
Join to learn more about medjai California, United States | Straight Male | 10649 Posts | 28042 Points
obvious child


Guru
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Why would you want to register anywhere outside of Delaware?

That is without a doubt the best place for a corporation to register.

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Welcome to Election 2008: The End of American Solvency.

2:35 pm on Jan. 3, 2007 | Joined Sep. 2005 | 801 Days Active
Join to learn more about obvious child Oregon, United States | Straight Male | 13157 Posts | 22248 Points
( medjai )



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Well I'm just trying to figure out why anyone registers outside of Delaware. :/

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Who dares wins. - Special Air Service
6:29 pm on Jan. 3, 2007 | Joined Nov. 2003 | 1248 Days Active
Join to learn more about medjai California, United States | Straight Male | 10649 Posts | 28042 Points
ajm51987

I've been here too long.
Patron 		Reply
Image, of course. What if Mircrosoft or Walmart was just like one day "HRMMM LETS CHANGE THE RESIDENCY OF THE CORP!!!"

People would be angry. or something.

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Well damn!

6:30 pm on Jan. 4, 2007 | Joined Oct. 2002 | 1744 Days Active
Join to learn more about ajm51987 Washington, United States | Straight Male | 7653 Posts | 25557 Points
( medjai )



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Why wouldn't they just initially register in Delaware, though?

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Who dares wins. - Special Air Service
11:45 pm on Jan. 4, 2007 | Joined Nov. 2003 | 1248 Days Active
Join to learn more about medjai California, United States | Straight Male | 10649 Posts | 28042 Points
ajm51987

I've been here too long.
Patron 		Reply
beeeeecauseeeeeee, they were a small time job, and uh... well, I dunno, they just thought it would be a good idea to register in their home state?

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Well damn!
1:27 am on Jan. 5, 2007 | Joined Oct. 2002 | 1744 Days Active
Join to learn more about ajm51987 Washington, United States | Straight Male | 7653 Posts | 25557 Points
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