New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.


Where to start an LLC owned by Canadian owners?

Asked by: naf  — 28 April, 2011

In which state is best to have llc being canadian?

Answered by: admin  — 28 April, 2011

Dear Naf,

You really have your pick of the litter here.

If your business is tied to a particular state, for example if you are buying real estate or opening a physical store, your should form your LLC in that state.

Otherwise, go with one of the “corporate havens” – Wyoming, Delaware or Nevada. If you are expecting venture capital or serious investment in the near future, stick with Delaware. If you just want the best liability protection, low state fees, no state tax and easy maintenance requirements, Wyoming is way to go. Nevada is just as good as Wyoming, but a bit more expensive.

Ask Incorporation Question
Please enter your full name
Please enter your email address
Please select your phone number
Please select
Please enter text message
Begin Web-Stat code v 6.0