Legal Question in Business Law in New Jersey

Where to be Based?

I am currently a New Jersey resident. I want to start an internet business. The next few years I will be living in various places around the country for about 3 months or so at a time. Where should I base my business? Would Delaware be appropraite?


Asked on 5/07/08, 12:59 pm

1 Answer from Attorneys
Ronald Cappuccio Ronald J. Cappuccio, J.D., LL.M.(Tax)

Re: Where to be Based?

Deciding on a location for your business entity can be very tricky. Even though you are a New Jersey resident, since you plan on changing residences, I would avoid setting up in New Jersey. Currently, NJ has high income tax as well as a sales tax on some internet services.

You need a tax and business lawyer to help you choose the right location and form of entity.

I hope this helps!

Ron Cappuccio

http://www.TaxEsq.com

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Answered on 5/07/08, 1:56 pm


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