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.
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 ...?
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.
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.
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.
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.