Incorporate outside of state living in?

If I live in NYC and file the articles on incorporation with the state of Delaware, are there any other steps I need to take with regards to NYS/NYC? If I was to incorporate as in NY there are more rules I neeed to follow as well as more cost.

tax-planning belongs-on-lawqueries

asked 17 Jun '10, 15:25

Frank
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edited 17 Jun '10, 16:02

Tom
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2 Answers:

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This is more of a legal question than a tax question, but WHY do you want to incorporate in Delaware? If you do business in New York State, you're going to need to register with New York (as a foreign corporation) and file a New York State return anyway. You'll also need to file annually with Delaware.

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answered 17 Jun '10, 16:10

Tom
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My original idea was that I could get around the advertising fees if I formed say an LLC in Delaware. However, I found NYS publications that contradicts my thoughts.

(21 Jun '10, 15:04) Frank

0	NYS you would need to pay taxes as a "foreign" corporation doing business in the US. DE, NV are mostly used for corporations without a physical presence in another state. link answered 19 Jun '10, 21:09 SandySea 6.0k●1●6●26 accept rate: 7%

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