Registering a nexus with my home state

Discussion in 'Legal and HR' started by ShrewdS, Dec 7, 2016.

  1. ShrewdS

    ShrewdS
    uix_expand uix_collapse
    New Member

    Joined:
    Dec 7, 2016
    Messages:
    2
    Likes Received:
    0
    Our corporation is newly formed and has three founders. I'm the only one in the States, so I've opened a mailbox to handle all correspondence not handled by our DE registered agent. As such, I've been told I would personally count as a "nexus" in my home state so I might need to register the business at either the state, county and/or city level.

    We do not have a storefront, only a mailbox. We're entirely web based SaaS and cover services across the globe.

    My home is in Charlotte, North Carolina. NC does not have a sales tax for SaaS's, so I don't think we need to register for a sales tax ID. No clients visit my home. There are no employees in the state other than myself, and even then, I'm an officer and not on payroll at this stage in the startup process.

    Aside from that, what specifically, if anything, am I registering in NC/Mecklenburg/Charlotte to make sure we stay legal?
     
  2. fisicx

    fisicx
    uix_expand uix_collapse
    Member
    Community Liaison 1.0

    Joined:
    Mar 3, 2016
    Messages:
    395
    Likes Received:
    29
    Your best solution is to contact the local tax office and ask them. This sort of information requires specialist knowledge, not the sort of thing most members of the forum will have to hand.
     
  3. ShrewdS

    ShrewdS
    uix_expand uix_collapse
    New Member

    Joined:
    Dec 7, 2016
    Messages:
    2
    Likes Received:
    0
    I think a clearer question might be....under what circumstances would a fully online business need to register as a foreign corporation in a state outside of the one it filed for incorporation?

    My local tax office personnel don't seem to understand the difference between an online only business and one that has an actual physical presence. By their understanding, we have to register as a foreign corporation in EVERY state or each of the corporation shareholders can be sued as sole proprietors from any state we aren't registered as foreign. This does not seem to be correct.
     

Share This Page