Ask YC: Why not incorporate in Nevada? a state that is giving Delaware a run for its money.

Re:Ask YC: Why not incorporate in Nevada? a state that is gi... by popat on Monday May 26, 2008 @09:22AM (#200176)

i never knew that you don't even need to be a U.S. citizen ... is there any difference between delaware S-corp and nevada S-corp??

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Re:Ask YC: Why not incorporate in Nevada? a state that is gi... by epi0Bauqu on Monday May 26, 2008 @09:25AM (#200179)

An S-corp designation stems from a tax election with the IRS, not from an entity creation.

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Re:Ask YC: Why not incorporate in Nevada? a state that is gi... by ideas101 on Monday May 26, 2008 @09:30AM (#200181)

i guess i read that "S" is meant as a sub-chapter and it is same for all corp no matter where they incorporate. it gives dual benefit of sole proprietorship and corporation.

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