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  1. #1
    rosenthal311 is offline Junior Member
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    Apr 2008
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    Where should I form my LLC?

    My business partner and I are in the early stages of starting an informational website that would generate revenue via advertising. We are looking to incorporate and have received varying information about which state to incorporate in. One of us is currently living in Maryland, while the other is in New Jersey. Over the next 12 months we are looking to get office space in the New Jersey / New York area to help get our idea off the ground.

    My question is, should we incorporate in New Jersey since it appears the majority of our business will eventually be conducted here or should we look to incorporate in a state like Delaware.

    What are the advantages and disadvantages of both?

    Any other company formation info would be appreciated (founders aggrements, other legal concerns etc).

    Is this something to have a lawyer do or something we can do ourselves online.

    Thanks

  2. #2
    BusinessAdviser's Avatar
    BusinessAdviser is offline
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    Nov 2007
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    You should consult an attorney to determine the best place to incorporate. Delaware has been popular among corporations due to its tax laws and extensive caselaw built up.

  3. #3
    RickyCeez's Avatar
    RickyCeez is offline Member
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    Apr 2008
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    I would do the same, consult an attorney for certain tax details. If you don't wanna spend asmuch money. Read a book on LLC so you know basic information, then go to Legalzoom(dot)com

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