Ask HN: Best state for starting a small hardware business (LLC)?
I've been looking into this for a while now but all the information online is divisive or an advertisement for one online registration service or another. I am trying to start a company providing a niche hardware product, which I expect to sell about 10 of in my first year at a price of $50,000 to $100,000 each.
I am interested in raising capital but not in the near future. In the near term, I would like to optimize for tax savings. Additionally, I don't know exactly where I am going to set up shop in the long run.
Does anyone know if it is okay to incorporate in a state other than where you are going to run a business, if your business involves hardware? And if so, which state offers the greatest advantage to someone who is not immediately taking venture capital?