If I am incorporating an online business LLC in Delaware then do I also have to register it in my home state?
Question Details:I am starting an online business of fashion merchandise. I will be buying products from wholesalers in US (and may be outside US) and reselling them through my website in US. I will also be hiring services of "Registered Agents" in Delaware. Since, I won't have any physical stores in my home state and since it does not have a state tax, would I have to still register my business in thereonly because it is my home state of residence?
From the facts you stated, you may not have to register in your home State. Frankly, every State is looking for tax dollars any way they can. You need the advice of a competent tax and business attorney to structure your business to minimize the tax issues.
I hope this helps!
Ron Cappuccio
http://www.taxesq.com
Attorney Quick Finder
Top Ranking Attorneys
- Tricia Dwyer 184 Answers | Points 3680 Silver Contributor
- Nathan Wagner 33 Answers | Points 1630 Bronze Contributor
- Victor Waid 522 Answers | Points 800 Platinum Contributor
- Harun Kazmi 161 Answers | Points 680 Silver Contributor
- Stan Helinski 20 Answers | Points 650 Bronze Contributor
- Maury Beaulier 9 Answers | Points 400
- Kevin Bessant 741 Answers | Points 37030 Platinum Contributor
- Hong Shen 562 Answers | Points 28100 Platinum Contributor
- Catherine Blackburn 566 Answers | Points 27770 Platinum Contributor
- Victor Waid 522 Answers | Points 26060 Platinum Contributor
- Cameron Norris, Esq. 416 Answers | Points 20550 Gold Contributor
- Anne Brady 228 Answers | Points 11400 Gold Contributor