Why You Shoudn’t Set Up Your LLC in Nevada or Delaware
Thursday, July 31st, 2008When I am asked where’s the best place to set up an LLC or corporation, my usual answer is in the state where you intend to conduct most of your business or where you have an office or business presence. In other words, your home state.
If you form an LLC in a state that is different from the one you are conducting most of your business in, you will likely be required to file an application as a foreign LLC or foreign corporation (meaning from another state) in any other state where you conduct substantial business or have substantial business contacts.
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