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Drone Operations Cost Calculator
Business Setup
These articles cover legal and business basics to settle when starting a drone business.
Liability and tax savings drive the choice of a drone business entity, such as an LLC or corporation.
The qualified small business stock exemption can exempt part of the capital gain on a stock sale but requires a C corporation, as explained in how drone businesses use the QSBS tax exemption.
The drone insurance guide explains insurance terminology, liability exposure, and how to choose a broker.
If you plan to buy a trailer, review how the Federal Motor Carrier Safety Regulations apply to drone trailers, since a truck, trailer, and load rated at 10,001 pounds or more can trigger them.
Lithium ion batteries raise safety concerns in shipping, charging, operation, and storage, as covered in drone battery safety.
U.S. companies are now exempt from reporting under the FinCEN beneficial ownership information rules, and only certain foreign companies registered in a U.S. state must report.
Aviation Attorney. FAA Certificated Commercial Pilot and Flight Instructor (CFI/CFII). Contributor at Forbes.com for Aerospace and Defense.