Planning to start a Software Consultancy (I know this is not a better time to start it, but wanted to have one). What are the requirements and things to be done, can somebody share their experiences?
It is very easy. It costs you less than $500 (total cost) to register. Just search yellow pages (or find out by other means) for a CPA (certified Public Accountant) near your place. Make an appointment and meet him. He will explain all the things to you and if you pay the fee (consulting fee + Actual registration fee), he will do all the paperwork for you and you will have a company in 3 weeks.
Hey GC050102
Have you already got the green card ? which state do you belong to ? Incorporation is very easy. It takes two days to incorporate.
The best vehicle is S-CORPORATION (Pass-thru entity). Your CPA will explain more.
Things you may want to consider before doing this....
1) Your hourly rate.
2) If you will have min 2 employees - Insurances will be very expensive if not.
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