Forum

Ideal State to open a LLC?
 

Is there an ideal state used to open a LLC?

I had a personal account which I was selling close to $200K of revenue on for the last 5 years which was recently suspended sometime last year for not being able to show invoices when a problem arose, and seller support doesn't seem to want to let me back on since I don't have good invoices to show them (I never kept them - not how I did business - I typically didn't deal with distributors and would get my products from a variety of sources like eBay, Goodwill, etc and stuff - I will DEFINITELY start working with distributors more often now and keep ALL invoices to be able to show from now on - and I'd prefer NOT to Photoshop invoices or something like that to get back on - not my style). Since then, I opened a LLC in The Great State of California to be used as the legal entity to do this legitimate business under - would this LLC be able to be used to get back on? I just made the LLC myself I didn't use like LegalZoom or any of that nonsense so is there some database that information can be looked up to see who made the LLC and who owns it, and if so would Amazon be able to use that to see that the name is the same and link it to the suspended account? I read somewhere that housing your LLC in The Great State of Delaware is ideal due to additional privacy policies that State has - can anyone confirm or deny this?

Any thoughts/input/comments on the matter regarding this is highly appreciated. Also please do not reply just to say to "buy the eBook" - I am considering the eBook but want conversation here which is the purpose of why I'm asking and making a thread here. Thank you for any help you may provide.

Re: Ideal State to open a LLC?
 

delware is most using

Re: Ideal State to open a LLC?
 

I think privacy is the main reason for choosing a state to register an LLC in

Look into new mexico, from what I remember, they have the best privacy laws around LLC formations

Re: Ideal State to open a LLC?
 

WY is the only state that does not report to the IRS. ALL states have searchable registries so privacy is non existent. WY does not show owners of LLC or Corps though so it does have some shielding under a simple investigation.

WY is the best taxed state of 0% but does have an annul $100 fee.

NV is also good but no longer as tax friendly as it once was and is expected to get worse.

Delaware is good for big businesses. It have no advantages unless you are handling millions of dollars and mostly through a C corp.