Business Agreement in State of incorporation or Property location

[Daniel Harbuz]

We have incorporated an LLC in Delaware. We are buying property in Ohio.

With the business agreement contract do we have to put the state as Ohio or Delaware? 

[Jan H.]

@Daniel Harbuz- I am not an attorney but I wold think that since the business is registered in DE, you have to use that sate for purposes of your contract. DE laws would apply as far as the agreement goes. You can operate in OH and when you file taxes, you file accordingly- OH will want to tax your income there, which would be credited from your DE tax liabilities. However, since you are a foreign national (I assume), other laws and reporting requirements may be applicable as well.

I would consult an attorney who has expertise in such situations. Good luck!