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Forming a Corporation

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I am preparing to form a corporation in Delaware. There are only two of us forming the corporation: I live in FL and the other person lives in DE. We have a team of people volunteering right now scattered across the US. Does anyone know if we would be required to register as a "foreign" corporation in the states where each team member lives? The fees and overhead required in doing so would probably be too much for us at this stage. I may be wrong, but I think that we''d only be required to register in FL as a foreign corporation (with DE as the state of incorporation) if we hire each person on the team as independent contractors instead of employees. Has anyone had experience in forming a game development corporation? If so, what advice can you give me? Thanks for the help!

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Guest Anonymous Poster
No. it dosent really matter where you are from to register as a corporation in any state, you just need to have a registered agent in that state to be able to file the necessary papers and such. There are a few websites that do this for you for a small fee, they also take care of organizing all your taxes for you and just send you a quarterly bill, it really is worth the money.


www.bizfilings.com

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Guest Anonymous Poster
No. it dosent really matter where you are from to register as a corporation in any state, you just need to have a registered agent in that state to be able to file the necessary papers and such. There are a few websites that do this for you for a small fee, they also take care of organizing all your taxes for you and just send you a quarterly bill, it really is worth the money.


www.bizfilings.com

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Thanks for the replies and links. I''ve learned how to incorporate from my research and what paperwork is involved. My question was do I HAVE to register in each state where each person on our team lives?

I found out the answer to my question today anyway. If we hired employees from different states, then we would be required by law to register as a "foreign corporation" in each of those states. But if we are only hiring independent contractors, and buying goods in a state, then we don''t have to register in that state. Why does that matter? There are fees that range from $100-200 annually for each state, plus having a registered agent (another $50-100+ a year), as well as other laws and fees on top of more paperwork, reports, etc. It''s just too much for a small startup like us .

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Guest Anonymous Poster
It''s pretty simple. Hiring employees requires payroll tax, withholding, a state tax id number, etc.

Independent contactors are responsible are just paid, and they''re then responsible for all their payroll taxes themselves.

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Guest Anonymous Poster
no you dont have to register in each state you have employees in. Long as you have a registered agent in the state that you are incorporating in you are fine.


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