Ask: Which US state is best for starting a LLC?

6 points·markokocic··6 comments

Which US state is the best one for starting LLC for a non citizen, not resident?

The most popular choices are DE, NV and WY.

Are there any hidden things to be careful about? Is there a good online summary with explanation in ordinary non-lawyer terms?

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Best states for businesses: http://www.usatoday.com/money/companies/2011-06-28-cnbc-virg...

Make sure you look into what it will cost you to run an LLC incorporated in another state in the state you're actually doing business in. It can be a problem in some cases.

For example, say you live in Texas. You incorporate in Delaware. Texas will charge you $750 for the privilege last I checked - and you will wind up paying (and filing paperwork for) franchise taxes in both states.

As I said, I'm not a US resident, don't live in USA, and don't plan to.

I just want to be able to sell Android games and have paid for website service.

I don't believe those states are popular for forming LLC's. They are popular for incorporating (forming a corporation) in. While some don't realize it, there is a significant difference between the two types of entities.

FWIU with LLC one can avoid double taxation, at least in DE. Thatn option is not available for non-residents when forming Inc.

What other good options are there?

I am not a lawyer or accountant, but what I recall from my accountant telling me, it's probably easiest to do it in whatever state you live in for an LLC.

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