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Category Archives: Business
What is the difference between LLC and Inc. When Opening a Business?
An LLC (limited liability company) and an Inc. (incorporated) are both business entities that offer liability protection to their owners. However, there are some key differences between the two. LLC An LLC is a hybrid entity that combines the features … Continue reading
How much does it cost to incorporate your California business in Delaware
The total cost of incorporating your California business in Delaware will vary depending on the specific services you need. However, the basic costs include: Filing fees: The Delaware Secretary of State charges $89 to file articles of incorporation. Registered agent: You will … Continue reading
Posted in Ask David!, Business
Tagged california, delaware, filing fees, incorporate, incorporate costs, legal fees, registered agent
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Do You Have to Pay More Taxes and Fees if You Incorporate Your Business in Delaware from California?
If you live in California and incorporate your business in Delaware, you will not have to pay California state income tax on the profits of your business. However, you will still have to pay California state income tax on your … Continue reading
Posted in Ask David!, Business
Tagged business fees, california, delaware, incorporate, taxes
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Why People Incorporate their Business in Delaware Even Though They Don’t Live There
Delaware is a small state with a population of just over 950,000 people. However, it is home to over 600,000 businesses, making it the most popular state for business incorporation in the United States. There are several reasons why people … Continue reading