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Legal things of a United States based hosting company


CodyColby

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  • 2 weeks later...

Exactly as SGCH said.

 

I however skipped the DBA and just got an LLC, Like you said it strongly does change via state and that is still federally. I recommend that find a friend who is or has a family member that is a lawyer and save yourself some money. I know multiple lawyers and they have helped me greatly. Also be sure to get a Tax ID Number or the IRS will hit you hard especially with obama now he is cracking down hard.

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I don't think you need a lawyer to help fill out paper work and mail in.. I would suggest talking to a lawyer about the advantages or disadvantages of the different business structures.

 

To get a tax ID.. All you need to do is call the IRS and they will give you one over the phone.

 

Adam

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Regardless if you "need" a EIN or not, its a good idea to get one. That way if your a sole proprietor you will not have to be giving out your SSN.

 

In regards to actually incorporating as a entity, regular corporation, or LLC. Here is a good rule of thumb. 1) If you think you are going to have a high liability then incorporate your business 2) If you have built some large assets then incorporate your business.

 

Now the disclaimer....I am not a attorney, you should consult a legal professional to discuss your particular situation.

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