Hacker Times
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
noel_gomez
on March 4, 2009
|
parent
|
context
|
favorite
| on:
What state should I incorporate in?
If you resides in California, don't you still need to pay CA business taxes?
hbien
on March 4, 2009
|
next
[–]
Unfortunately, one of the downsides of CA is the $800 annual franchise tax =[. Can't get around it even if you incorporate somewhere else.
Good news is, if you're an Inc you can waive the first year. LLCs can't though.
falsestprophet
on March 4, 2009
|
prev
[–]
Yes
anamax
on March 5, 2009
|
parent
[–]
If you're doing biz in CA, I'm pretty sure that CA still collects corporate income tax. (I forget if CA still has a unitary corporate tax, but it definitely wants taxes on in-state profits.)
Consider applying for YC's Summer 2026 batch! Applications are open till May 4
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
