Legal Question in Business Law in New Jersey

Where is it better to set up an LLC, in Delaware of New Jersey?


Asked on 8/26/09, 6:28 pm

1 Answer from Attorneys

Ronald Cappuccio Ronald J. Cappuccio, J.D., LL.M.(Tax)

It depends on where you are doing business and the type of business. For example, if you have a retail business located in New Jersey, it is cheaper to just have a LLC set-up in NJ. If you formed a Delaware LLC, you would have to register it in NJ anyway.

If your business is purely an internet business, Delaware might be better. There is no magic answer. I usually get the facts and decide this with each client on a case-by-case basis.

I hope this helps!

Ron Cappuccio

http://www.StartaLLC.com

856 665-2121

Read more
Answered on 8/31/09, 7:58 pm


Related Questions & Answers

More Business Law questions and answers in New Jersey