llc, baby!
I created my own company.
All it took was 5 minutes, an Internet connection, and $130. It was that
simple.
For that, and one day later, I get to call this thing I do
"411net.Communications, LLC" from this point on.
Wheeeeeee!
Some things to think about:
I formed my company in the state of Wisconsin. As pointed out previously,
the initial filing fee was $120 online. Off-line, they charge an extra
$30. The annual filing fee (now required by the state) is $25.
I considered filing in Maryland, which is where I primarily do business.
The initial filing fee is $100 (as well as the out-of-state business
filing fee that I do have to pay now, once).
However, the real sticker shock comes in the annual report filing fee:
$300!!
So, in just one year's time, I'll be ahead of Maryland fee schedule (as
long as Wisconsin doesn't raise its fees) and that makes me happy.
$300 a year to file one piece of paper to prove that I'm still in business
is ridiculous. The $275 annual savings is well worth the extra trouble of
filing in Wisconsin (where I have to use a "resident agent," but I've got
that covered with my dad) and the extra Maryland out-of-state registration
fee.
Previous to Jan. 1, 2004, there is/was no annual report fee in either
state. However, as part of the fiscal budget bill, Maryland is raising
fees and enacting them where they were not previously.
It's amazing how states try to recoup lost revenue. Instead of raising
taxes, they raise fees on every little thing. The same is true of auto
registration fees. One of the worst offenders of this scam in the
"commonwealth" of Massachusetts.
Anyway, enough ranting about state revenues and fees. For now, what's
important is that I am offiically a non-self-propietership company.
Comments
Cool! I gotta read this more often. It's the only way I find out what
you're up to.
Oh, and the pics on Wunderground are great. I particularly like the one
at dusk in Egg Harbor.
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Posted by: Joanna | December 5, 2003 10:12 AM