Tuesday, 22 June, 2021

Top Rated company formation Lawyer List


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Wondering where you should form your LLC as a non-U.S. resident?

Short answer: if you’re a U.S. resident, you should form your LLC in the state where you are located (the state where you have physical presence). For example, if you will be operating in California, then we should register your LLC in California.

However, if you’re a non-U.S. resident, you should form your LLC in Wyoming!

If you’re a non-U.S. resident (meaning you operate your business outside the US), Wyoming is the best state to form your LLC in. Here are the top 5 reasons why:

1. Wyoming has cheaper annual fees of $50/year (vs. $300 in Delaware and $350 in Nevada)
2. You don’t have to be a U.S. Citizen and don’t need U.S. mailing address to form an LLC in Wyoming
3. Wyoming offers anonymous ownership (meaning names of the LLC members are not disclosed)
4. Wyoming does not have any state, corporate or capital gain taxes
5. Very easy, simple and straightforward process to form your LLC in Wyoming

However, I must warn you that if you will be operating physically inside the US, then it’s best to form your LLC in your home state. Your home state is the state where you’re physically located and doing business in.

So for example, if you’ll be operating in California, then you should form your LLC in California.

However, if you’re not planning to have physical presence in the US, (meaning that you will be operating solely from outside the US), then you should form your LLC in Wyoming.

In summary… If you’re a non-U.S. resident, form your LLC in Wyoming. Otherwise, if you’re a U.S. resident, form your LLC in the state where you’re physically located.

In the past 4 years, my non-US clients have been really happy with forming their LLC in Wyoming and I’ve never had any issues with Wyoming. That’s why I ALWAYS recommend Wyoming LLC for my non-US clients.

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DISCLAIMER: This video and content is for general information only. The information presented should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Nothing herein is intended to nor constitutes a guarantee, warranty or prediction regarding the outcome of your legal matter. This description may contain affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefited from personally.

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