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by arjawn 1897 days ago
For C Corps, correct! But for LLCs my candid thoughts are form in Delaware only if you have plans to in the future convert your LLC to a C Corp (to raise venture capital from U.S. investors) or you really want the "prestige" of saying your company is from Delaware. Some people say this matters to them and if it does, it is your business, your choice! Otherwise, I recommend Wyoming. Why? Wyoming is the most popular state for non-residents who are online businesses, e-commerce businesses, or business owners who want an easy and simple way to form and manage their company. It's the most popular state among https://startpack.io customers, has lower annual fees ($50 vs $300 in Delaware), a low filing fee ($100), and was the first state to ever create the LLC. Also don't sleep on Wyoming's prestige as well :) It has a friendly business environment, also allows you to protect your personal info when filing with the state (use the registered agents info) and has even been called "The Switzerland of the Rocky Mountains" (I don't know who coined this term though haha)