I'm interested in setting up a gambling site, but I'd need an online payment gateway that allows gambling and accepts payments from people in the US/Europe. Any good suggestions? If anyone here has any experience with something similar, I'd appreciate the advice. Thanks in advance.
sully also has a point, I would consider an operating agreement essential to setting up a LLC. There are also many resources on the internet on how to properly set up a LLC, as well as what you should know as a member of a LLC.
This, many states have more advantageous laws than others. Like zebrahat said, Delaware is an excellent state. Virginia and Nevada would also be worth considering, since you operate on the net.
I think you only really need to consult an expert in the formation of a LLC when you are dealing with multiple companies, a large amount of money/assets or if you're dealing with something out of the ordinary. Even then, you should only hire the attorney to review your structure and write out...
But that's wrong on both counts, isn't it? Pass-through taxation is one of the biggest benefits of an LLC, while double taxation is one of the biggest disadvantages of a corporation. As for protection, where a corporation is limited to full limited-liability protection, a LLC offers an...
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