Hello, so I'm starting a merchant services company(ISO)and I'm having a very difficult time figuring out a few things. One, i wanted to know where to incorporate the business. Now from research I've done it says to stay in your "home" town and for me that is california which the taxes and everything is ridiculously high. So i was thinking about going out of state, now heres where things get tricky. Since I'm technically not selling anything and providing people with a service (that actually connects them to another bank) is it wise for me to stay in california? i was thinking about going to Nevada. Also if I'm going to be providing the payment processing to businesses outside my state do i need to get a foreign entity registration? technically I'm just a middle man connecting a bank to a business at which my payments come to me from that bank. So would i get away with just being incorporated in nevada or would i have to have it incorporated in every state? I'm sorry if I'm not making much sense, my brain is fried from researching all of this.
thank you