Comments on: GoDaddy Can Now Incorporate Your Company http://www.thedomains.com/2009/11/15/godaddy-can-now-incorporate-your-company/ Sun, 12 Feb 2012 20:38:46 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: the incorporator http://www.thedomains.com/2009/11/15/godaddy-can-now-incorporate-your-company/comment-page-1/#comment-77363 the incorporator Sun, 20 Feb 2011 02:22:26 +0000 http://www.thedomains.com/?p=6186#comment-77363 Doesn't anyone think it's funny that godaddy partered with the company corporation, which owns register.com ??? So godaddy gets clients for a domain competitor of theirs subsidiary, but gets paid from their competitor for affiliate sales. The real funny thing is that if you sign up for incorporation services with godaddy, they mark up the State filing fees, and you'll get a Monster bill for the registered agent services. Yea it's free for 6 months, but after that you're looking at 230 bucks a year. The NV State fees are 400.00 if you file everything at once. In Nevada if you don't file the initial list and business license within 30 days you're brand new company will be defunct in 30 days. Lot's of hidden prices and fees. Doesn’t anyone think it’s funny that godaddy partered with the company corporation, which owns register.com ??? So godaddy gets clients for a domain competitor of theirs subsidiary, but gets paid from their competitor for affiliate sales. The real funny thing is that if you sign up for incorporation services with godaddy, they mark up the State filing fees, and you’ll get a Monster bill for the registered agent services. Yea it’s free for 6 months, but after that you’re looking at 230 bucks a year. The NV State fees are 400.00 if you file everything at once. In Nevada if you don’t file the initial list and business license within 30 days you’re brand new company will be defunct in 30 days. Lot’s of hidden prices and fees.

]]> By: rayglasgow http://www.thedomains.com/2009/11/15/godaddy-can-now-incorporate-your-company/comment-page-1/#comment-27349 rayglasgow Tue, 09 Mar 2010 13:06:09 +0000 http://www.thedomains.com/?p=6186#comment-27349 I wouldn't touch this with a pole. I tried to transfer my domain name to godaddy and they failed to disclose that my email would be held hostage for several days while they took their time doing the deed. I stopped the transfer when nothing was accomplished after about 4 days. Now they won't refund the fee I paid up front. That is called unjust enrichment. Matbe I should find out how many others this happened to and consider class action. GoDaddy bears watching in my book. I sure as hell would not trust them to set up a business for me, particularly after learing how they run their own. Very difficult to communicate with if you have a problem. This clown is a reckless surfer riding a wave that will wipe him out sooner or later. Go to your state website and see who the registered agent is in your state. There is none posted with the secretary of state in Tennessee. I wouldn’t touch this with a pole. I tried to transfer my domain name to godaddy and they failed to disclose that my email would be held hostage for several days while they took their time doing the deed. I stopped the transfer when nothing was accomplished after about 4 days. Now they won’t refund the fee I paid up front. That is called unjust enrichment. Matbe I should find out how many others this happened to and consider class action. GoDaddy bears watching in my book. I sure as hell would not trust them to set up a business for me, particularly after learing how they run their own. Very difficult to communicate with if you have a problem. This clown is a reckless surfer riding a wave that will wipe him out sooner or later. Go to your state website and see who the registered agent is in your state. There is none posted with the secretary of state in Tennessee.

]]> By: Nick Fuller http://www.thedomains.com/2009/11/15/godaddy-can-now-incorporate-your-company/comment-page-1/#comment-22433 Nick Fuller Tue, 17 Nov 2009 21:56:02 +0000 http://www.thedomains.com/?p=6186#comment-22433 I see there are a couple of questions about the product. Let me help clarify a few points: After a state filing is completed, customers can elect to be classified as a Subchapter S Corporation through IRS Form 2553. We send along the form with the state documents. You can read about it here: http://help.godaddy.com/topic/776/article/5671 Go Daddy sends customers a notice regarding their registered agent service before the initial six month term expires. If they choose to continue the registered agent service, the renewal fee is $99 for the next 6 months. Incorporation services customers are not obligated to use the registered agent service. Thanks, Nick Fuller GoDaddy.com Communications Manager I see there are a couple of questions about the product. Let me help clarify a few points:

After a state filing is completed, customers can elect to be classified as a Subchapter S Corporation through IRS Form 2553. We send along the form with the state documents. You can read about it here: http://help.godaddy.com/topic/776/article/5671

Go Daddy sends customers a notice regarding their registered agent service before the initial six month term expires. If they choose to continue the registered agent service, the renewal fee is $99 for the next 6 months. Incorporation services customers are not obligated to use the registered agent service.

Thanks,

Nick Fuller
GoDaddy.com
Communications Manager

]]> By: Ozie Jackson http://www.thedomains.com/2009/11/15/godaddy-can-now-incorporate-your-company/comment-page-1/#comment-22374 Ozie Jackson Mon, 16 Nov 2009 18:58:07 +0000 http://www.thedomains.com/?p=6186#comment-22374 As litigious as people and companies are, especially when it comes to domains/internet based business, I don't believe GoDaddy is the place to trust setting up an entity to protect your intangible assets. Spend the money and hire a professional organization or attorney that specializes in corporate formation. As litigious as people and companies are, especially when it comes to domains/internet based business, I don’t believe GoDaddy is the place to trust setting up an entity to protect your intangible assets. Spend the money and hire a professional organization or attorney that specializes in corporate formation.

]]> By: Domain Investor http://www.thedomains.com/2009/11/15/godaddy-can-now-incorporate-your-company/comment-page-1/#comment-22371 Domain Investor Mon, 16 Nov 2009 15:34:51 +0000 http://www.thedomains.com/?p=6186#comment-22371 Initially, it sounds great to use a corporation mill to create your corporation. However, one of the purposes of forming a corporation is to protect the owner(s) from financial exposure. But, do you want to have your entire financial resources at the mercy of someone at Godaddy (or the outsourced service)? When a litigator prepares to sue you, the first place they look for a weakness is in your articles of Incorporation, charter, etc. It doesn't make sense to cheat on your first line of financial protection. Next year, Godaddy is going to offer health consultation by email. It will be professionally manned by EMTs. (Emergency Medical Tech.) Right now, they are working on a patented procedure to attach to the email your x-ray amd MRI film. Also, you will be happy to know that you will have to do your own "turn your head and cough" and "Bend over the table and relax". Initially, it sounds great to use a corporation mill to create your corporation. However, one of the purposes of forming a corporation is to protect the owner(s) from financial exposure.

But, do you want to have your entire financial resources at the mercy of someone at Godaddy (or the outsourced service)?

When a litigator prepares to sue you, the first place they look for a weakness is in your articles of Incorporation, charter, etc.

It doesn’t make sense to cheat on your first line of financial protection.

Next year, Godaddy is going to offer health consultation by email.
It will be professionally manned by EMTs. (Emergency Medical Tech.)
Right now, they are working on a patented procedure to attach to the email your x-ray amd MRI film.
Also, you will be happy to know that you will have to do your own “turn your head and cough” and “Bend over the table and relax”.

]]> By: MHB http://www.thedomains.com/2009/11/15/godaddy-can-now-incorporate-your-company/comment-page-1/#comment-22369 MHB Mon, 16 Nov 2009 13:55:46 +0000 http://www.thedomains.com/?p=6186#comment-22369 John I assume before the 6 months is up they will send a bill of an undetermined amount to continue to serve. John

I assume before the 6 months is up they will send a bill of an undetermined amount to continue to serve.

]]> By: John Berryhill http://www.thedomains.com/2009/11/15/godaddy-can-now-incorporate-your-company/comment-page-1/#comment-22368 John Berryhill Mon, 16 Nov 2009 13:53:57 +0000 http://www.thedomains.com/?p=6186#comment-22368 "an additional six Months of Registered Agent Service" They are offering registered agent service in six month increments? Ummm.... that's a service needed for the life of the corporation. Every Delaware corporation, for example, must have an occupied street address to receive service of process and to receive the annual fee statement. There's something very odd about "six months" of that since, barring any legal activity, the agent has to be there to receive, forward, and return the fee statement every year. “an additional six Months of Registered Agent Service”

They are offering registered agent service in six month increments?

Ummm…. that’s a service needed for the life of the corporation. Every Delaware corporation, for example, must have an occupied street address to receive service of process and to receive the annual fee statement.

There’s something very odd about “six months” of that since, barring any legal activity, the agent has to be there to receive, forward, and return the fee statement every year.

]]> By: Rafi http://www.thedomains.com/2009/11/15/godaddy-can-now-incorporate-your-company/comment-page-1/#comment-22367 Rafi Mon, 16 Nov 2009 13:46:24 +0000 http://www.thedomains.com/?p=6186#comment-22367 Hi, I was running a web design company in Bangalore, India before I started working in Dubai as a webmaster. I am developing a number of websites and become a domainer. I would like to register a company in US for my business, which don't need any physical presence. I will be getting the development from India through my network of people. I will be very happy to get some guidance. If anyone interested in a joint venture, you are welcome. Regards Rafi Hi,

I was running a web design company in Bangalore, India before I started working in Dubai as a webmaster.

I am developing a number of websites and become a domainer. I would like to register a company in US for my business, which don’t need any physical presence. I will be getting the development from India through my network of people.

I will be very happy to get some guidance. If anyone interested in a joint venture, you are welcome.

Regards

Rafi

]]> By: Noo Yawka http://www.thedomains.com/2009/11/15/godaddy-can-now-incorporate-your-company/comment-page-1/#comment-22366 Noo Yawka Mon, 16 Nov 2009 13:26:32 +0000 http://www.thedomains.com/?p=6186#comment-22366 There's a lot more to incorporating than filing initial papers. I used to be incorporated (as a professional corporation). My experience was that it was just another set of papers and a different set of tax forms. I never bothered anyone and nobody bothered me. BUT if I had done anything wrong and had been sued or squeezed by my state or the feds I would have been someone's lunch. There really are a lot of things one must do as a corporation to really be a corporation, not just a person filing a different tax return. The moment an aggressive lawyer on the other side of a dispute wants to pierce your corporate veil you're dead. Simply filing papers and calling yourself a corporation only works if no one challenges you. Consult a proper legal representative, do you own due diligence. There’s a lot more to incorporating than filing initial papers. I used to be incorporated (as a professional corporation). My experience was that it was just another set of papers and a different set of tax forms. I never bothered anyone and nobody bothered me.

BUT if I had done anything wrong and had been sued or squeezed by my state or the feds I would have been someone’s lunch. There really are a lot of things one must do as a corporation to really be a corporation, not just a person filing a different tax return. The moment an aggressive lawyer on the other side of a dispute wants to pierce your corporate veil you’re dead.

Simply filing papers and calling yourself a corporation only works if no one challenges you.

Consult a proper legal representative, do you own due diligence.

]]> By: Stephen Douglas_Successclick.com http://www.thedomains.com/2009/11/15/godaddy-can-now-incorporate-your-company/comment-page-1/#comment-22364 Stephen Douglas_Successclick.com Mon, 16 Nov 2009 12:59:20 +0000 http://www.thedomains.com/?p=6186#comment-22364 Please wait until I catch my breath before I make my comment... whew... okay... thx Here goes: I agree with Cartoonz' comment here on Godaddy. Now, I expect lambs will be frolicking with lions, and Glenn Beck will reveal he drives a Volvo and smokes the doobage. Please wait until I catch my breath before I make my comment… whew… okay… thx

Here goes: I agree with Cartoonz’ comment here on Godaddy. Now, I expect lambs will be frolicking with lions, and Glenn Beck will reveal he drives a Volvo and smokes the doobage.

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