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What gotchas are you referring to? I thought Delaware was the shell corp state of choice because of no taxes and laws that favor businesses.
by JDDunn9 11y ago
What gotchas are you referring to? I thought Delaware was the shell corp state of choice because of no taxes and laws that favor businesses.
- ogsharkman 11y agoHe is referring to how the default franchise tax is calculated using the "Authorized Shares Method" which gives many an MI when they see they owe $20k+, without realizing you can use the "Assumed Par Value Capital Method" and your bill suddenly becomes like ~$500.