AvailNetworks
May 14th, 2006, 12:47
just a question to all hosting "companies" here. How many of you are actually registered as a business and/or LLC and/or INC ?
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Registered CompaniesAvailNetworks May 14th, 2006, 12:47 just a question to all hosting "companies" here. How many of you are actually registered as a business and/or LLC and/or INC ? Craig May 14th, 2006, 13:00 There wont be that many by my guess. AvailNetworks May 14th, 2006, 13:02 thats sort of what prompted my question. I see people here buying reseller accounts abnd before their credit card or paypal even processes they are already blasting plans to prospects Dan May 14th, 2006, 13:30 No, we are not registered but plan to in the future. Are you guys registered? AvailNetworks May 14th, 2006, 13:31 Yes, we are an LLC Robert May 14th, 2006, 13:32 I'm registered as an LLC and now as a S-Corp. LSComputers May 14th, 2006, 13:35 I have registered as a LLC. awaiting paper work :). Volt.Networks May 14th, 2006, 14:40 just a question to all hosting "companies" here. How many of you are actually registered as a business and/or LLC and/or INC ? can someone tell me what LLC and INC is, and where you would register? LSComputers May 14th, 2006, 15:01 you register at your local goverment place, for business registry, LLC is limited liablity corporation, and INC means incorporated. AvailNetworks May 14th, 2006, 15:20 I had incorporatetime.com do my llc stuff for my back when I formed Avail Networks, LLC That was just over a year ago. They did everything for me and had it up and running in about 2 weeks for roughly $300 I don't really understand how people do business without even being registered as a sole proprietership in their state......If I am not mistaken isn't that not legal LSComputers May 14th, 2006, 15:27 Yes agreed!, Well for web hosting, using a resellers package, as long as tax isnt used, its legal to sell, as its not doing anything yourself. but yes for someone like you or me, it would be Galaxy-Hosts.com May 14th, 2006, 15:48 I am registered as a sole proprietership and looking to incorperate in the next month or two Dan May 14th, 2006, 17:50 I had incorporatetime.com do my llc stuff for my back when I formed Avail Networks, LLC That was just over a year ago. They did everything for me and had it up and running in about 2 weeks for roughly $300 I don't really understand how people do business without even being registered as a sole proprietership in their state......If I am not mistaken isn't that not legal Well, this is what confuses me about it. Our server is based in California. I am based in Ireland and ethix in Australia. Therefore, I can't see how I can register in Ireland as a business or in Australia either. My understanding is, the business has to be based in the state that it is being registered in. AvailNetworks May 14th, 2006, 17:53 might want to have a talk with your lawyer to figure that one out. I think technically you can register your company in california or in the states, but that is definately a lawyer matter LSComputers May 14th, 2006, 17:54 Well, this is what confuses me about it. Our server is based in California. I am based in Ireland and ethix in Australia. Therefore, I can't see how I can register in Ireland as a business or in Australia either. My understanding is, the business has to be based in the state that it is being registered in. Business yes, services, no, I could be in asia, but offer US services, as long as im registered in my home town. Think of say wendys or other franchises, the main corporation is registered in its home state, and expends as it goes, they dont need a new biz paper work for each one, they just specify were each item/place is. Richard May 14th, 2006, 17:54 Well, this is what confuses me about it. Our server is based in California. I am based in Ireland and ethix in Australia. Therefore, I can't see how I can register in Ireland as a business or in Australia either. My understanding is, the business has to be based in the state that it is being registered in. Nope. You sell a service and make a profit, you have to register, else it's not legal. You can get fined a lot... Dan May 14th, 2006, 18:01 Nope. You sell a service and make a profit, you have to register, else it's not legal. You can get fined a lot... Right. *runs off to get forms* Yellowmc May 14th, 2006, 18:02 I guess it's time for me to get registered too! :-) I shouldn't really have started anything without getting the legal stuff out of the way! Dini May 14th, 2006, 18:09 I'm on my way to register in my country.. I hate paperwork ¬¬ Dan May 14th, 2006, 18:11 I will look into it tomorrow. Craig May 14th, 2006, 18:12 For those in the UK & want to get registered (Ltd/Limited) & pay using there paypal use: http://www.spiegelutrera.co.uk + its cheap :-). £30 ($60-65). Its a good company, I have used them a few times. LSComputers May 14th, 2006, 18:35 For those in canada, its around $60-90 for your sole-propiertership. Dan May 14th, 2006, 18:39 For those in the UK & want to get registered (Ltd/Limited) & pay using there paypal use: http://www.spiegelutrera.co.uk + its cheap :-). £30 ($60-65). Its a good company, I have used them a few times. Thanks Craig, I have emailed them for some info. heymrdj May 14th, 2006, 19:34 So that means I have to register just cause I advertise in my community that we buil, repiar, and replace computers. And we accept computer donations? AvailNetworks May 14th, 2006, 19:41 yes. you are making a profit are you not? TheNewYorkNOC May 14th, 2006, 19:43 We are registered as a corporation. heymrdj May 15th, 2006, 12:19 yes. you are making a profit are you not? Thats just wrong lol. Me and my brother are the only ones in our small community that knows computers. We don't make much profit either..we do it cause we love it. I ain't gonna stop helping people jest because the government is bored :P. Dan May 15th, 2006, 12:27 I actually contacted a friend of mine who set up his own business. He said, as long as I am not turning over a profit, as in putting money into my own back pocket, I do not need to register as a business or company anywhere. And, since I am just about breaking even with server costs at this present time, I do not need to register. It is looked upon here in Ireland as a hobby. Craig May 15th, 2006, 12:54 Also remember people that if you earn more than £50k/yr you need to be VAT registered, This only applies to euro. iBrightDev May 15th, 2006, 13:17 My business is registered as a Soul Proprietor. AvailNetworks May 15th, 2006, 13:29 I actually contacted a friend of mine who set up his own business. He said, as long as I am not turning over a profit, as in putting money into my own back pocket, I do not need to register as a business or company anywhere. And, since I am just about breaking even with server costs at this present time, I do not need to register. It is looked upon here in Ireland as a hobby. at the time of my llc registration avail networks was non existent, its basically starting off on the right foot. At least that is how I felt it should be treated if you are to be looked at as a "business" monaghan May 15th, 2006, 13:50 I actually contacted a friend of mine who set up his own business. He said, as long as I am not turning over a profit, as in putting money into my own back pocket, I do not need to register as a business or company anywhere. And, since I am just about breaking even with server costs at this present time, I do not need to register. It is looked upon here in Ireland as a hobby. I'd double check that with the relevant authorities, just over the water in the UK you still need to register even if you don't make a profit, the only difference is that you don't have any profits to pay tax on, you still need to be registered though. No offence to your friend, but I'd not take business advise from anyone other than a business advisor or an official from the relevant gevernment dept you're dealing with, the risks (fines) are too high. I'd assumed from the "ethical" in your forum name and signature that you'd have already setup officially and complied with the legal requirements of running a business :) We've been a UK registered Private Limited Company (with VAT registraton) since 1997. Dan May 15th, 2006, 14:14 Also remember people that if you earn more than £50k/yr you need to be VAT registered, This only applies to euro. That's right. Richard June 2nd, 2006, 18:20 I actually contacted a friend of mine who set up his own business. He said, as long as I am not turning over a profit, as in putting money into my own back pocket, I do not need to register as a business or company anywhere. And, since I am just about breaking even with server costs at this present time, I do not need to register. It is looked upon here in Ireland as a hobby. I'm sorry about the bring up of an old topic. But I would just like to point out that your friend is a total idiot (:P) you DO need to be registered, even without a profit, and in England the punishment if you are caught is up to 6 weeks in jail and a £6,000 fine!! (Thats if your unlucky) A friend of mine got busted for running a web desing buisness (very small, only a few clients. - PS; Read below), and was fined £3,000. But it's not nice having a Criminal Record... He only got found out after an English client of his put his website down in a company budget saying he was located in the UK (payed by check as well :S), they did a search on the website, shut it down and took him in for questioning. He was released on bail untill his trial. Dan June 2nd, 2006, 18:29 I'm sorry about the bring up of an old topic. But I would just like to point out that your friend is a total idiot (:P) you DO need to be registered, even without a profit, and in England the punishment if you are caught is up to 6 weeks in jail and a £6,000 fine!! (Thats if your unlucky) A friend of mine got busted for running a web desing buisness (very small, only a few clients. - PS; Read below), and was fined £3,000. But it's not nice having a Criminal Record... He only got found out after an English client of his put his website down in a company budget saying he was located in the UK (payed by check as well :S), they did a search on the website, shut it down and took him in for questioning. He was released on bail untill his trial. I'm not in the UK mate. ;) I will look into it further tho. ZealousHost June 2nd, 2006, 18:54 I am from the UK, where would I go to register my hosting service? Dan June 2nd, 2006, 19:03 I have just email cro.ie who provide information and laws surrounding business registrations in Ireland. Will let ya know if they reply. Tree June 2nd, 2006, 20:09 I had incorporatetime.com do my llc stuff for my back when I formed Avail Networks, LLC That was just over a year ago. They did everything for me and had it up and running in about 2 weeks for roughly $300 I don't really understand how people do business without even being registered as a sole proprietership in their state......If I am not mistaken isn't that not legal LegalZoom was great to me. I used them to form my S-Corp and then my LLC. Brandon June 2nd, 2006, 22:10 Nope, I'm unregistered due to the fact that i'm non-profit, and any profit I do turn is donated to charities. monaghan June 3rd, 2006, 02:06 Nope, I'm unregistered due to the fact that i'm non-profit, and any profit I do turn is donated to charities. You will need to register your business even if you're not making profit. Find yourself a local small business advisor and sort yourself out properly, profit, even if given away is still profit and profit = potential tax liability. Brandon June 3rd, 2006, 11:06 You will need to register your business even if you're not making profit. Find yourself a local small business advisor and sort yourself out properly, profit, even if given away is still profit and profit = potential tax liability. Hmm..ok, I'll check that out. ihostdev June 3rd, 2006, 14:51 We are a registered sole propri. From my understanding and thats just that my understanding is that in the US as long as your doing business that can be taxable you need to be registered or how else can you send in sales tax to your state government which i am sure there might be a few states that don't tax business's like NV. It's not worth the risk to not spend the 30 mins to fill out the paper work for a sole propr. thats free in our state. We do plan on becoming a LLC anyone know any good places that can do this for us? monaghan June 3rd, 2006, 14:56 As suggested, it's not worth the risk, the UK's Inland Revenue even have an on-line form to report the bad boys now :) https://www.taxevasionhotline.co.uk/forms/selfemp.htm Beware :) Note: Being registered does not mean you have to pay tax or VAT, that all depends on your turnover and how you balance your books, you can still make a net profit below the tax threshold if you're a small outfit. Tree June 3rd, 2006, 15:55 We do plan on becoming a LLC anyone know any good places that can do this for us? LegalZoom (http://www.legalzoom.com) is cheap and very friendly. :) James June 5th, 2006, 09:46 UK, don't forget about National Insurance. monaghan June 5th, 2006, 12:24 UK, don't forget about National Insurance. The Inland Revenue have been doing the NI for years, it's all 1 department now, so no chance of forgetting :) | ||||
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