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If you're looking to incorporate an LLC in Massachusetts your options are
relatively limited. You can file a domestic
LLC online here, but Series LLCs are not supported. Additionally, Massachusetts
has about the highest corporate income tax in the nation. Nevada corporations
profit from zero corporate income tax. You can form a series LLC in Nevada
and further asset protection policy will benefit your business. Please use
the chart below to compare the possibilities of incorporating in Nevada vs.
Massachusetts.
| |
Nevada |
Massachusetts |
|
State Corporate Income Tax ? |
None |
9.50% |
Tax Foundation's, Corporate Tax Ranking Index ? |
1 |
46 |
Personal Income Tax ? |
None |
5.30% |
Tax Foundations, Personal Income Tax Ranking Index |
1 |
15 |
Franchise Tax ? |
|
|
Tax on corp shares ? |
|
|
Gift Tax ? |
|
|
Unitary Tax ? |
|
|
Estate Tax ? |
|
|
Statutory Indemnification of Officers, Directors & Employees ? |
|
|
Charging Order Protection for Corporation ? |
|
|
Charging Order is Creditor's Sole Remedy for LLC or Corporation ? |
|
|
Highest Standard of Corporate Veil Protection ? |
|
|
Series LLC Allowed ? |
|
|
Business Court* |
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Glossary of terms
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