Incubator Funds: Does the State Matter?

Discussion in 'Taxes and Accounting' started by dcwriter2, Aug 10, 2019.

  1. 1) I assume it does because if all goes well, you seemlessly transition to a Hedge Fund domiciled in that state. Correct?

    2) If the state matters, Delaware is the place to register it, right? Even though I hear good things about Nevada and Wyoming? Any reason why I should consider those to states. (I live in Seattle but could see myself as a legal Nevada resident someday, which may or may not tilt things.)

    3. Do I have to be a RIA to run a Delaware-registered (or Nedava or Wyoming) incubator fund if I live in Washington?

    Thanks much,