Comments on: Vermont OKs the Creation of Virtual Corporations http://gigaom.com/2008/06/17/vermont-oks-the-creation-of-virtual-corporations/ Business, Internet, Technology & Strategy Wed, 15 Jul 2009 07:13:40 +0000 http://wordpress.com/ hourly 1 By: Google Re-invents The Operating Sytem | larryaronson.com http://gigaom.com/2008/06/17/vermont-oks-the-creation-of-virtual-corporations/#comment-958129 Google Re-invents The Operating Sytem | larryaronson.com Wed, 08 Jul 2009 20:56:41 +0000 http://gigaom.com/?p=13811#comment-958129 [...] my last trend to watch: A month ago, the state of Vermont OK’d the formation of virtual corporations by a change in its tax laws. This means that corporations (LLCs) in Vermont no longer need to have [...] [...] my last trend to watch: A month ago, the state of Vermont OK’d the formation of virtual corporations by a change in its tax laws. This means that corporations (LLCs) in Vermont no longer need to have [...]

]]> By: Denver Office News » Blog Archive » Running a Virtual Business http://gigaom.com/2008/06/17/vermont-oks-the-creation-of-virtual-corporations/#comment-939348 Denver Office News » Blog Archive » Running a Virtual Business Wed, 22 Apr 2009 18:04:14 +0000 http://gigaom.com/?p=13811#comment-939348 [...] Gigaom — This article on the Gigaom technology blog examines a law the state of Vermont passed in June 2008 that revamps requirements for establishing a corporation by allowing for online board meetings, among other things. [...] [...] Gigaom — This article on the Gigaom technology blog examines a law the state of Vermont passed in June 2008 that revamps requirements for establishing a corporation by allowing for online board meetings, among other things. [...]

]]> By: blreber.net › Daily Blog Post 11/15/2008 (a.m.) http://gigaom.com/2008/06/17/vermont-oks-the-creation-of-virtual-corporations/#comment-912844 blreber.net › Daily Blog Post 11/15/2008 (a.m.) Sat, 15 Nov 2008 09:05:40 +0000 http://gigaom.com/?p=13811#comment-912844 [...] Vermont OKs the Creation of Virtual Corporations - GigaOM [...] [...] Vermont OKs the Creation of Virtual Corporations – GigaOM [...]

]]> By: VmWare Virtual http://gigaom.com/2008/06/17/vermont-oks-the-creation-of-virtual-corporations/#comment-900832 VmWare Virtual Mon, 22 Sep 2008 16:49:09 +0000 http://gigaom.com/?p=13811#comment-900832 When will this go into effect? Highly interested and excited about hving my virtual corp be a virtual corp! When will this go into effect? Highly interested and excited about hving my virtual corp be a virtual corp!

]]> By: Hour Destiny http://gigaom.com/2008/06/17/vermont-oks-the-creation-of-virtual-corporations/#comment-888378 Hour Destiny Mon, 14 Jul 2008 06:26:55 +0000 http://gigaom.com/?p=13811#comment-888378 You can also incorporate in Nevada. Get yourself a Resident Agent, like at http://www.theupsstorenv.com (which I used), and you don't have to live in the state. Also, Nevada has no personal income tax, no business income tax, and no franchise tax. We operate in Second Life as Space Destiny, with the mission to give everyone the opportunity to participate in science and space exploration. http://www.nvsos.gov/business/forms/ You can also incorporate in Nevada. Get yourself a Resident Agent, like at http://www.theupsstorenv.com (which I used), and you don’t have to live in the state. Also, Nevada has no personal income tax, no business income tax, and no franchise tax. We operate in Second Life as Space Destiny, with the mission to give everyone the opportunity to participate in science and space exploration.

http://www.nvsos.gov/business/forms/

]]> By: Jennifer http://gigaom.com/2008/06/17/vermont-oks-the-creation-of-virtual-corporations/#comment-888033 Jennifer Fri, 11 Jul 2008 15:18:54 +0000 http://gigaom.com/?p=13811#comment-888033 FYI, I believethe URL tag to the "Vermont Virtual Company" act is incorrect (i.e. it is not H.888). The bill number is actually H.458 and you can find the act, as passed here: http://www.leg.state.vt.us/docs/legdoc.cfm?URL=/docs/2008/bills/house/H-458.HTM Correct me if I'm wrong but I'm pretty sure this is the Act you're talking about... FYI, I believethe URL tag to the “Vermont Virtual Company” act is incorrect (i.e. it is not H.888). The bill number is actually H.458 and you can find the act, as passed here:

http://www.leg.state.vt.us/docs/legdoc.cfm?URL=/docs/2008/bills/house/H-458.HTM

Correct me if I’m wrong but I’m pretty sure this is the Act you’re talking about…

]]> By: Tig Tillinghast http://gigaom.com/2008/06/17/vermont-oks-the-creation-of-virtual-corporations/#comment-885408 Tig Tillinghast Tue, 24 Jun 2008 20:15:55 +0000 http://gigaom.com/?p=13811#comment-885408 The change is really quite slight. I run a couple virtual corporations from Thetford Center, Vermont. The big problem isn't that you can't have virtual meetings or submit documents via email. The problem is that Vermont wants our virtual workers and shareholders in CA, CO, FL, MA, etc. to pay Vermont income taxes. In fact, we have to do a special Vermont filing for them (with its own costs) and pay the taxes. It's a virtual company killer. If that isn't fixed, don't expect any sudden influx of virtual companies - at least not ones that have working shareholders spread out across the country. I'm going to call up my local legislators and float this as well. -Tig The change is really quite slight. I run a couple virtual corporations from Thetford Center, Vermont. The big problem isn’t that you can’t have virtual meetings or submit documents via email. The problem is that Vermont wants our virtual workers and shareholders in CA, CO, FL, MA, etc. to pay Vermont income taxes. In fact, we have to do a special Vermont filing for them (with its own costs) and pay the taxes. It’s a virtual company killer.

If that isn’t fixed, don’t expect any sudden influx of virtual companies – at least not ones that have working shareholders spread out across the country.

I’m going to call up my local legislators and float this as well. -Tig

]]> By: links for 2008-06-19 | Politivi http://gigaom.com/2008/06/17/vermont-oks-the-creation-of-virtual-corporations/#comment-884550 links for 2008-06-19 | Politivi Thu, 19 Jun 2008 23:45:27 +0000 http://gigaom.com/?p=13811#comment-884550 [...] Vermont OKs the Creation of Virtual Corporations - GigaOM Requiring LLCs to have physical headquarters is so 20th century. Thanks, Vermont, for upping the ante. [...] [...] Vermont OKs the Creation of Virtual Corporations – GigaOM Requiring LLCs to have physical headquarters is so 20th century. Thanks, Vermont, for upping the ante. [...]

]]> By: Virtual Corporations » Blog Archive » Vermont OKs Virtual Corporations http://gigaom.com/2008/06/17/vermont-oks-the-creation-of-virtual-corporations/#comment-884546 Virtual Corporations » Blog Archive » Vermont OKs Virtual Corporations Thu, 19 Jun 2008 23:06:45 +0000 http://gigaom.com/?p=13811#comment-884546 [...] GigaOm reports that Vermont has finally given the go ahead to sweeping corporation reform which will allow easy creation of virtual corporations. This is an excellent move for those of us looking to do business in an increasingly virtual world. The post goes on to say: [...] [...] GigaOm reports that Vermont has finally given the go ahead to sweeping corporation reform which will allow easy creation of virtual corporations. This is an excellent move for those of us looking to do business in an increasingly virtual world. The post goes on to say: [...]

]]> By: links for 2008-06-19 « that dismal science http://gigaom.com/2008/06/17/vermont-oks-the-creation-of-virtual-corporations/#comment-884478 links for 2008-06-19 « that dismal science Thu, 19 Jun 2008 15:59:30 +0000 http://gigaom.com/?p=13811#comment-884478 [...] Vermont OKs the Creation of Virtual Corporations (tags: business internet vermont maplesyrup) [...] [...] Vermont OKs the Creation of Virtual Corporations (tags: business internet vermont maplesyrup) [...]

]]> By: WTF Linden Lab Restores Stolen Content - Page 5 - SLUniverse Forums http://gigaom.com/2008/06/17/vermont-oks-the-creation-of-virtual-corporations/#comment-884404 WTF Linden Lab Restores Stolen Content - Page 5 - SLUniverse Forums Thu, 19 Jun 2008 05:37:51 +0000 http://gigaom.com/?p=13811#comment-884404 [...] you can with Ebay or PayPal? It seems harder and harder to see SL as just play and just pretend. Vermont OKs the Creation of Virtual Corporations - GigaOM And if it is not pretend, how can WSE be pretend? Capital Gains from WSE?? But I digress... [...] [...] you can with Ebay or PayPal? It seems harder and harder to see SL as just play and just pretend. Vermont OKs the Creation of Virtual Corporations – GigaOM And if it is not pretend, how can WSE be pretend? Capital Gains from WSE?? But I digress… [...]

]]> By: Brenda Archer http://gigaom.com/2008/06/17/vermont-oks-the-creation-of-virtual-corporations/#comment-884403 Brenda Archer Thu, 19 Jun 2008 05:24:33 +0000 http://gigaom.com/?p=13811#comment-884403 First I just have to say as someone who has lived in both Vermont and Second Life, that this totally ROCKS. Secondly it makes perfect sense! It's a great example of law facilitating the way work is really getting done. First I just have to say as someone who has lived in both Vermont and Second Life, that this totally ROCKS.

Secondly it makes perfect sense! It’s a great example of law facilitating the way work is really getting done.

]]> By: Jeff Barr’s Blog » Links for Wednesday, June 18, 2008 http://gigaom.com/2008/06/17/vermont-oks-the-creation-of-virtual-corporations/#comment-884398 Jeff Barr’s Blog » Links for Wednesday, June 18, 2008 Thu, 19 Jun 2008 04:04:48 +0000 http://gigaom.com/?p=13811#comment-884398 [...] GigaOM: Vermont Oks The Creation of Virtual Corporations - “Johnson was instrumental to crafting the bill’s language; he, along with his NYLS students and a couple of professors at Vermont Law School, spent the last two years putting it together. He foresees virtual companies launched for countless reasons, such as the production of software or publications written by people across the country, even for corporations that exist only in Second Life.“ [...] [...] GigaOM: Vermont Oks The Creation of Virtual Corporations – “Johnson was instrumental to crafting the bill’s language; he, along with his NYLS students and a couple of professors at Vermont Law School, spent the last two years putting it together. He foresees virtual companies launched for countless reasons, such as the production of software or publications written by people across the country, even for corporations that exist only in Second Life.“ [...]

]]> By: links for 2008-06-19 « Network(ed)News Bookmarks http://gigaom.com/2008/06/17/vermont-oks-the-creation-of-virtual-corporations/#comment-884393 links for 2008-06-19 « Network(ed)News Bookmarks Thu, 19 Jun 2008 02:46:31 +0000 http://gigaom.com/?p=13811#comment-884393 [...] Vermont OKs the Creation of Virtual Corporations - GigaOM Gov. Jim Douglas signed Miscellaneous Tax Document, which could revolutionize the way startup companies are formed and run. The law no longer requires physical headquarters, in-person board meetings, or other regulations irrelevant in the digital age. (tags: law legal corporation vermont startup business tax dotank) [...] [...] Vermont OKs the Creation of Virtual Corporations – GigaOM Gov. Jim Douglas signed Miscellaneous Tax Document, which could revolutionize the way startup companies are formed and run. The law no longer requires physical headquarters, in-person board meetings, or other regulations irrelevant in the digital age. (tags: law legal corporation vermont startup business tax dotank) [...]

]]> By: Vermot LLC | Startup Addict Musings http://gigaom.com/2008/06/17/vermont-oks-the-creation-of-virtual-corporations/#comment-884374 Vermot LLC | Startup Addict Musings Thu, 19 Jun 2008 01:04:59 +0000 http://gigaom.com/?p=13811#comment-884374 [...] More Coverage over at OM [...] [...] More Coverage over at OM [...]

]]> By: WTF Linden Lab Restores Stolen Content - Page 4 - SLUniverse Forums http://gigaom.com/2008/06/17/vermont-oks-the-creation-of-virtual-corporations/#comment-884373 WTF Linden Lab Restores Stolen Content - Page 4 - SLUniverse Forums Thu, 19 Jun 2008 00:51:04 +0000 http://gigaom.com/?p=13811#comment-884373 [...] you can with Ebay or PayPal? It seems harder and harder to see SL as just play and just pretend. Vermont OKs the Creation of Virtual Corporations - GigaOM And if it is not pretend, how can WSE be pretend? Capital Gains from WSE?? But I [...] [...] you can with Ebay or PayPal? It seems harder and harder to see SL as just play and just pretend. Vermont OKs the Creation of Virtual Corporations – GigaOM And if it is not pretend, how can WSE be pretend? Capital Gains from WSE?? But I [...]

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