Questions

I'm in California part-time (about 85% of the time) but still have a MI Lic and main address is in MI with family. I estimate this next start-up to do a few hundred million in sales, Should I incorporate in CA, NV or MI? I doubt I will get a CA Lic, but love being here because of the talent around me available for hire. I will have a office in CA and MI, but if there's benefits I will get one in NV.

You can still do business in CA regardless of where you incorporate. You'll still need to pay taxes in CA, but the benefit Nevada provides (like Delaware) is pro-employer legal language and well defined laws. The other benefit is if you take financing later from an investor, they will appreciate that the company is established in NV or DE.


Answered 8 years ago

Unlock Startups Unlimited

Access 20,000+ Startup Experts, 650+ masterclass videos, 1,000+ in-depth guides, and all the software tools you need to launch and grow quickly.

Already a member? Sign in

Copyright © 2024 Startups.com LLC. All rights reserved.