Nevada vs Wyoming vs Delaware LLCs?

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  • Zango
    So Fucking Banned
    • Oct 2006
    • 511
    #1

    Nevada vs Wyoming vs Delaware LLCs?

    My head is about to explode with all the info I have been reading.

    Anyone have good or bad experiences with any of these?
    Tags: None
    • Major (Tom)
      So Fucking Banned
      • Nov 2003
      • 32492
      #2
      bottom line is you will have to pay taxes in the state you reside in anyway. And possibly taxes in the state you registered your corp in. you will defintley have to pay registered agent fees, and have to file in that state as well. we are a deleware corp and basically it has no benefits whatsoever.
      Duke

        Comment

        • Kingfish
          Confirmed User
          • Sep 2002
          • 668
          #3
          Originally posted by DukeSkywalker
          bottom line is you will have to pay taxes in the state you reside in anyway. And possibly taxes in the state you registered your corp in. you will defintley have to pay registered agent fees, and have to file in that state as well. we are a deleware corp and basically it has no benefits whatsoever.
          Duke
          I agree in only very rare cases are their advantages to registering an LLC or incorporating in a state other than you live in. In most cases it will just mean double the paperwork, double the fees, and you will still end up paying your state?s taxes anyway.

            Comment

            • pornlaw
              Confirmed User
              • Feb 2007
              • 1902
              #4
              Register in the state in which you do business -- ie., receive your money and where you bank. Everything King and Duke said is 100% correct.

              Get an accountant at least, and a lawyer.
              Michael

              www.AdultBizLaw.com

                Comment

                • Zango
                  So Fucking Banned
                  • Oct 2006
                  • 511
                  #5
                  Thanks for the replies! Solid answers.

                  I don't live in the USA, so was not so concerned about a state that I would live in. Though it sounds I would get hit for the states I do business in.
                  Last edited by Zango; 01-06-2008, 08:34 PM.

                    Comment

                    • Zango
                      So Fucking Banned
                      • Oct 2006
                      • 511
                      #6
                      Originally posted by DukeSkywalker
                      bottom line is you will have to pay taxes in the state you reside in anyway. And possibly taxes in the state you registered your corp in. you will defintley have to pay registered agent fees, and have to file in that state as well. we are a deleware corp and basically it has no benefits whatsoever.
                      Duke
                      Duke,
                      Do you at least not have to pay taxes to Delaware?

                        Comment

                        • LiveDose
                          Show Yer Tits!
                          • Feb 2002
                          • 25792
                          #7
                          Talk to a pro. Chances are you don't need to setup out of state.

                          Scammer Alert: acer19 acer [email protected] [email protected] Money stolen using PayPal

                            Comment

                            • Profits of Doom
                              Monster Rain
                              • Feb 2004
                              • 4978
                              #8
                              If you register in Nevada there are privacy laws to protect you that other states don't offer, if that is attractive to you...
                              “My Free Cams Affiliate Program by CrakRevenue”

                                Comment

                                • NinjaSteve
                                  Too lazy to set a custom title
                                  • Dec 2003
                                  • 11089
                                  #9
                                  Originally posted by Zango
                                  Duke,
                                  Do you at least not have to pay taxes to Delaware?
                                  From what I've seen you'd have to pay a $200 franchise fee.
                                  ...

                                    Comment

                                    • NinjaSteve
                                      Too lazy to set a custom title
                                      • Dec 2003
                                      • 11089
                                      #10
                                      Originally posted by Profits of Doom
                                      If you register in Nevada there are privacy laws to protect you that other states don't offer, if that is attractive to you...
                                      Do you have proof of this or a link or something?
                                      ...

                                        Comment

                                        • NemesisEnforcer
                                          Confirmed User
                                          • Aug 2003
                                          • 2122
                                          #11
                                          Originally posted by NinjaSteve
                                          Do you have proof of this or a link or something?
                                          Nevada Corporate Headquarters explains some of this in their free e-book called Nevada Edge.
                                          The Only Time When Success Comes Before Work Is In A Dictionary.

                                          Did you ever notice: When you put the 2 words 'The' and 'IRS' together it spells 'Theirs.'

                                            Comment

                                            • moneybiz
                                              So Fucking Banned
                                              • Sep 2004
                                              • 1391
                                              #12
                                              Delaware is what you should use.

                                                Comment

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