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by lsllc 4221 days ago
I am also not a lawyer, but unless O.P. is in DE, he/she will almost certainly have to register as a "foreign entity doing business" in his/her home state despite being registered in DE. In many states, this is about as expensive as simply registering the LLC there in the first place. Some states (such as NY) have somewhat byzantine requirements such as having to publish the application for your foreign (or even native) LLC in two local papers.

But otherwise, an LLC is the way to go; you might however want to elect to have the LLC taxed as an S-corp so you don't get taxed twice.

1 comments

Diddo. My understanding is if you're doing an LLC, you should just do it in the state you're operating in not Delaware.