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by decentrality 4160 days ago
Wow I was just thinking about this, having a cup of coffee next to a creek out on the edges of town, after asking this:

https://news.ycombinator.com/item?id=8939426

Right now I'm in the United States and I'm forming a Nevada Series Limited Liability Company. I needed a Registered Agent to do that, but the question came up for me: how long do I need to be somewhere, and what kind of mailing address do I need, to not even need a Registered Agent?

Nevada has no State tax, but there's still Federal. I'll be watching this with interest on the tax piece... otherwise to me, in this country, it seems like Nevada is the way to go.
2 comments
silver1 4159 days ago
Everybody talks about Delaware corp (as they've matured business laws) ..but very few knowt hat when it comes to taxes then Nevada and Wyoming are the best ....

however recently I've heard that if you're selling stuff on Amazon or any other e-commerce store then taxes are different depending upon where you're located ... and you may not even be eligible for selling in few states - I wish someone can explain this in a simple language ...?

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desdiv 4159 days ago
There's zero difference tax-wise between a Nevada corporation, a Wyoming corporation, and a Delaware corporation when they're operating outside their state of incorporation. In all three cases they pay no state taxes in their state of incorporation.
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zaroth 4159 days ago
Delaware has a franchise fee, but it's not onerous, ~$500.
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chrishynes 4159 days ago
Wyoming has less fees and yearly paperwork than Delaware.
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getsat 4159 days ago
Nevada does not share tax info with the IRS (even though no tax is owed), which can appear suspicious. Wyoming is likely a better choice. One advantage of a Nevada/Wyoming LLC is that they have specific laws which prevent veil-piercing of single member LLCs, something judges have been doing in other states in lawsuits. Wyoming LLC costs $52/yr to maintain, Nevada is around $200.
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theunixbeard 4159 days ago
Nevada is actually $325 per year. $125 per year to file a "List of Members and Managers" and $200 for a business license renewal. I know this since I just paid to renew my 1-man Nevada LLC a few weeks ago.

Source: http://www.bizfilings.com/nevada/ongoing-llc-requirements.as...

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getsat 4159 days ago
Ah, I didn't know there was a second filing for Nevada. Lame. Wyoming wins even more! :) Thanks for the info!
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