Comments on: Vermont OKs the Creation of Virtual Corporations

By: Benjamin Melançon

Benjamin Melançon — Fri, 04 Feb 2011 03:21:02 +0000

So, is there online registration for virtual incorporation?

By: Nelis

Nelis — Wed, 24 Feb 2010 23:31:54 +0000

Very interesting. The only problem I see is that UE authorities would not accept it if most of the physical preserce is in the EU. This results in legal and tax problems. For the US I think it is a good thing

By: Running a Virtual Business « Denver Office News

Running a Virtual Business « Denver Office News — Tue, 23 Feb 2010 22:29:59 +0000

[...] 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: Google Re-invents The Operating Sytem | larryaronson.com

Google Re-invents The Operating Sytem | larryaronson.com — Wed, 08 Jul 2009 20:56:41 +0000

[...] 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

Denver Office News » Blog Archive » Running a Virtual Business — Wed, 22 Apr 2009 18:04:14 +0000

By: blreber.net › Daily Blog Post 11/15/2008 (a.m.)

blreber.net › Daily Blog Post 11/15/2008 (a.m.) — Sat, 15 Nov 2008 09:05:40 +0000

[...] Vermont OKs the Creation of Virtual Corporations – GigaOM [...]

By: VmWare Virtual

VmWare Virtual — Mon, 22 Sep 2008 16:49:09 +0000

When will this go into effect? Highly interested and excited about hving my virtual corp be a virtual corp!

By: Hour Destiny

Hour Destiny — Mon, 14 Jul 2008 06:26:55 +0000

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

Jennifer — Fri, 11 Jul 2008 15:18:54 +0000

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

Tig Tillinghast — Tue, 24 Jun 2008 20:15:55 +0000

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