Legal Question in Business Law in Delaware

Re: Advantages of S corporation over LLC

I represent many IT companies in NJ. Very few are DE entities. The questionable benefits DE law is simply just not worth the costs.

Unless you are on an H-1, you should probably be a NJ S corp or LLC. Most of my IT clients are NJ LLCs.

Feel free to call me at 800-857-0546.

P. Patel, Esq.

Re: Advantages of S corporation over LLC

Since NJ permits one-man Limited Liability Company (LLC), I suggest using it rather than an "S" corporation. While both provide limited liability and income (profits and losses) pass through to the owner, there is no state income tax at the corporate level in a LLC. Unless you are conducting business outside NJ, and sales taxes are an issue, there should be no reason to have the business created in DE. I can assist you in the formation, call me at (973)-377-3313.

Re: Advantages of S corporation over LLC

You should definitely be a NJ LLC rather than a DE LLC. To check the best form of legal entity, try my free Legal Entity Determinator at http://www.taxesq.com/choice.html

Please call me at 856 665-2121 and we can discuss this further.

Ronald J. Cappuccio

Re: Advantages of S corporation over LLC

Lots of questions. Circumstance dependent.

Take a look at Matt Strebe's book:

Surf to Serfer at amazon.com

Great book, and not just b/c I wrote the legal

part. It's very helpful, very funny, he's very

successful.

[email protected]

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