Best 6 States for Your Business Incorporation

Finding the Best States for Incorporation

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  1. Wyoming
    • $100 basic corporation filing
    • Most hassle-free and low expense corporation state in the nation
    • Non-profit tax research group, the Tax Foundation voted Wyoming “the most business-friendly tax system of any state”
    • Pro-privacy and extremely low taxation
    • Imposes only minimal annual fee of $50
  2. Nevada
    • $75 basic corporation filing
    • Traditionally pro- privacy and low-tax
    • No information sharing agreement with the IRS
    • Minimal reporting and disclosure obligations upon owners and managers
    • Nevada carries only a slightly higher ongoing cost compared to Wyoming
  3. Delaware
    • $89 basic corporation filing
    • Best choice for owners that want to take their company all the way to Wall Street
    • Annual franchise tax can be confusing
    • Great privacy protections with familiar, sensible laws
  4. MONTANA
    • $70 minimum corporation filing
    • Low taxes, fees and reporting burdens
  5. FLORIDA
    • $70 basic corporation filing
    • Best website and online services in the nation –
    • offers a searchable database of documents
    • Filings can be done online in seconds
  6. NEW MEXICO
    • “Invisible LLC” – a New Mexico LLC that does not require any public disclosure of either officers or owners-the most private LLC available in the US

SOURCE http://www.gimmelaw.com/what-is-the-best-state-to-form-a-corporation
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