With regard to the question of where to domicile the business, there are basically three (3) choices: (i) Offshore, (ii) Delaware, or (iii) the state where they will physically be conducting business. Offshore Domicile Going “offshore” is always an option, motivated...
As a practical matter, there are 5 choices as to the form of entity through which an entrepreneur might choose to operate a business: (i) a Sole Proprietorship (no business entity); (ii) a “C” Corporation; (iii) an “S” Corporation; (iv) a Limited Partnership (LP) or...