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We are a two (2) man company, starting out in the web hosting industry. We want to create a partnership and have an LLC in a state that gives us the best tax breaks and lowest fees and startup costs. We considered Wyoming or Nevada. We reside in SC and KY.
We need to figure out and understand how income tax is paid, how our salaries are paid out to each of us. Need a business plan for a startup/hosting company as us. Need to know how to properly budget for expenses, and legal documentation for % of the company for both of us, we basically want to cover ourselves incase of any future issues with the business, money matters, and legal ownership to the company and assets.
We will need over-all consulting and could use the experience from someone who is savvy in the web/internet business field. Thank you.
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