Anyone know about Incorporating?

[Snoogans]

<p>I know i would need a tax ID and then form an LLC to start a business. How would i go about doing that and around what would it cost?</p>

[narc]

Ask Mikeyboy. He's a real lawyer. As opposed to me (a fake one). There's a lot of paperwork to file with one state agency or another.

[Crippler]

I think your tax ID winds up being your SS#...but I'll ask my cousin to call you, I think he's done it twice.

[nickeye]

<p>It's very easy;&nbsp; there are even online services that will fill out the forms for you.&nbsp; I'm not sure how much they charge now, but I incorporated eight years ago for around $200.</p><p><a href="http://www.legalzoom.com/legalzip/LLCs/llc_procedure.html" target="_blank" title="Legal Zoom">They'll incorporate you here</a>&nbsp;</p><p>&nbsp;</p>

[AngelAmy]

<p>wow havent seen nickeye in a while</p><p>&nbsp;</p><p>ok back into inc.</p>

[Freakshow]

<p>Isn't incorporating a little hardcore?&nbsp; Don't you need to issue stock and things like that?&nbsp; I think you can be a sole propriotor, Limited Partnership, or something.&nbsp; Less logitics involved.</p><p>&nbsp;</p>

[Snoogans]

LLC is limited liability. You put out stocks when you are having an IPO<br />

[JustJon]

<a href="http://www.nj.gov/njbiz/s_step.shtml" target="_blank">New Jersey State Department: How to Start a Business</a><br />

[ThisIsCharlie]

I am a lawyer but you can set up an LLC by just contacting a company called Blumberg and they will walk you through it and file al appropriate papers.&nbsp; Process is very simple and can be completed in a matter of days.&nbsp; Either NY or NJ entity.&nbsp; This is how I made my firm an LLC&nbsp; If you want you can contact me (or post a way for me to contact you if my information is not accessible) and I'll be happy&nbsp;to answer any questions you may have.&nbsp; Just one thing - you can't (or shouldn't) get your tax ID # until entity formation is complete.&nbsp;

[Freakshow]

<strong>Snoogans</strong> wrote:<br />LLC is limited liability. You put out stocks when you are having an IPO<br /><p>Stock don't have to be publically traded.&nbsp; An IPO is when a company starting selling stocks to the public.&nbsp; Most companies have stock owned by the founders long before they have an IPO.</p>

[JustJon]

<p>I incorporated in NY and I will say don't go thru any agency, you can easily fill out the forms yourself for much cheaper.</p><p>Oh, and just remembered the best resource for a small biz on the web, <a href="http://www.score.org" target="_blank">score.org</a>&nbsp;</p>

[ThisIsCharlie]

Stock is unecessary because an LLC is a Limited Liability Company - it gives the benefit of a corporation without the headaches.&nbsp; Actually Snoogans email me or talk to your accountant before getting your tax ID # because there is one question that will make your tax issues much easier (taxing you only - not at company level and then taxing you again).

[Snoogans]

What if I incorporate in a state but then do business out of the state, and if it was internet, would that be considered in my state regardless of where its purchased from?<br />

[OGC]

<strong>narc</strong> wrote:<br />Ask Mikeyboy. He's a real lawyer. As opposed to me (a fake one). There's a lot of paperwork to file with one state agency or another. <p><font size="2">I'm not a lawyer either, but I play one in the Game of Life.</font></p>

[Hottub]

Hey Snoogs. Why don't you incorporate some funny into your posts!

[Snoogans]

cause i dont have a mirror to give all of you<br />

[FUNKMAN]

<p><strong><font size="1">Anyone know about Incorporating?</font></strong></p><p>Murder Incorporated - Bruce&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; good jam song</p><p>Em D G A - Bm D Bm D C B</p>

[Billy Staples]

<p>I think you might know him....why don't you check with the guy that incorporated Air sick Productions 9 year ago and still&nbsp;NY&nbsp;State Type S Corporationin excellent standing.</p><p>&nbsp;</p><p>&nbsp;</p><p>but you might have mad too much fun of him</p>

[Snoogans]

billy, who the hell are you talkin about<br />

[SatCam]

I think you might know him....why don't you check with the guy that incorporated Air sick Productions 9 year ago and still NY State Type S Corporationin excellent standing.

No one complained to the Better Business Bureau about the X-Mas CD?

[stickyfingers]

If you had a product, how would you go about getting said product packaged (put in boxes with&nbsp; design, instructions, styrofoam,&nbsp;and whatnot like most products can be found nowadays)

[JustJon]

<p>&nbsp;</p><strong>Snoogans</strong> wrote:<br />What if I incorporate in a state but then do business out of the state, and if it was internet, would that be considered in my state regardless of where its purchased from?<br /><p>&nbsp;</p><p>&nbsp;</p><p>You can incorporate in any state you want (they have different tax laws), and you can do any business in any state.&nbsp; If you do mail order, then you have to charge sales tax in any state you have a physical presence.&nbsp; In this case, if you were to create and sell a legitimate product, you'd have to charge tax to anyone purchasing/shipping to NJ, but you can ship to anyone in any other state without charging tax.&nbsp;</p>

[mdr55]

<p>&nbsp;</p><p>Before Incorporating<img width="270" height="240" border="0" src="http://www.staceyworld.com/blog/stacy86.jpg" /></p><p>&nbsp;</p><p>After Incorporating<img width="208" height="320" border="0" src="http://www.staceyworld.com/blog/fergie.jpg" /></p>