Incorporation of several sites

Discussion in 'Legal Issues' started by alistair80, Dec 30, 2009.

  1. #1
    Hello there,

    I would like to know what's the best incorporation option for several websites...

    Several single corporations (one for each site?) , or one corporation and all sites being declared as asset?

    I am from Illinois...

    Any feedback appreciated.

    Happy Holidays!
     
    alistair80, Dec 30, 2009 IP
  2. paulj93

    paulj93 Peon

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    #2
    I'm also curious. In Calif it would get expensive to put sites into individual corps.
     
    paulj93, Dec 30, 2009 IP
  3. hmansfield

    hmansfield Guest

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    #3
    Make one company that is the publisher of all sites (a parent company) and incorporate the parent company.
     
    hmansfield, Dec 30, 2009 IP
    alistair80 likes this.
  4. mjewel

    mjewel Prominent Member

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    #4
    This is really a question for your CPA (and if you don't have one, consult one in your state). Having multiple corporations is going to result in lot of additional costs and bookkeeping. It would normally be done only if you have liability concerns and don't want to put all assets into one entity.
     
    mjewel, Dec 31, 2009 IP