4 ms·
I think this points out a significant reason "why to incorporate in CA" (as is being discussed elsewhere in the comments, as in "... instead of Delaware") Coul
by void-star 8y ago
I think this points out a significant reason "why to incorporate in CA" (as is being discussed elsewhere in the comments, as in "... instead of Delaware")
Could somebody clarify? Say I want to create a corporation, and will probably do work for it from home living in California. Does incorporating in Delaware now mean I will be paying the $800 tax (or some other) for CA, in addition to whatever Delaware charges?
- mark212 8y agoIf you’re not profitable, then the minimum fees matter. If you are turning a profit and you’re living in California and working from home (and assuming you have no employees) then there’s no real reason to incorporate in Delaware. The franchise fee is 1.5% with a minimum of $800 for all profits from business generated in California. So yes you’d pay the franchise fee for CA and the $250 to Delaware