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Insane. I just setup a company where it will take a few years to build something in Ohio. It's $99 once and no annual fees. Zero dollars a year. https://bspor
by johnebgd 5y ago
Insane.
I just setup a company where it will take a few years to build something in Ohio. It's $99 once and no annual fees. Zero dollars a year.
https://bsportal.ohiosos.gov/ https://bsportal.ohiosos.gov/
From my non legal perspective, if you aren't yet generating revenues it pays to incorporate outside of California.
- tracedddd 5y agoOnly issue is if you live in California and pay yourself you’re still subject to most of the California specific business laws as a company doing business in California, so it’s difficult to escape by incorporating elsewhere.
- johnebgd 5y agoIf you aren't generating revenues and want to incorporate to hold the IP then why throw good money away on a state that requires annual fees? As I understand it, you can always transfer the IP to another entity before it has any market value. This can let you and others start building with a relatively low cost.