most foreign-friendly state to open LLC?

[Labrat88]

I'm a small biz owner tryna form an LLC without getting wrecked on tax or paperwork. any state that’s chill with foreigners, low fees, max privacy, no IRS love letters?

 

[Goodboy13]

I'm a small biz owner tryna form an LLC without getting wrecked on tax or paperwork. any state that’s chill with foreigners, low fees, max privacy, no IRS love letters?

wyoming again, bro

they don’t care if you’re from mars

no state tax, cheap reg, no member names listed. foreign or not, they just want the $100 and peace

 

[Labrat88]

wyoming again, bro

they don’t care if you’re from mars

no state tax, cheap reg, no member names listed. foreign or not, they just want the $100 and peace

so I can start it from anywhere? like no US address?

 

[Goodboy13]

so I can start it from anywhere? like no US address?

yup. just use a reg agent there.

they’re like the concierge for ghosts

 

[Steven Cohen]

also NM. no annual reports, dirt cheap, full anon
but asset protection’s meh unless you wrap it in another layer

 

[LevelUpLarry]

also NM. no annual reports, dirt cheap, full anon
but asset protection’s meh unless you wrap it in another layer

yea but NM banks hate non-US owners
I tried opening one and they acted like I was applying to smuggle rhino tusks

 

[Horkos]

yo if you’re foreign, WY’s your move
they don’t even blink. I’ve set up for clients in like 12 diff countries
as long as the docs are clean, they stamp it and send you on your way

 

[Labrat88]

yo if you’re foreign, WY’s your move
they don’t even blink. I’ve set up for clients in like 12 diff countries
as long as the docs are clean, they stamp it and send you on your way

what about taxes? fed stuff?

 

[Horkos]

what about taxes? fed stuff?

fed tax still applies if you’re making US-source income
but if you play it right and don’t touch US soil, you might dodge most of it
depends how loud your payments are

 

[Goodboy13]

also don’t forget: no ITIN needed to start
but you will need one if you wanna get a bank account or EIN
pro tip — some reg agents hook you up with both under the table

 

[LevelUpLarry]

I'm a small biz owner tryna form an LLC without getting wrecked on tax or paperwork. any state that’s chill with foreigners, low fees, max privacy, no IRS love letters?

just don’t use your real address for anything
get a virtual US one or they’ll start mailing you IRS bedtime stories

 

[Steven Cohen]

just don’t use your real address for anything
get a virtual US one or they’ll start mailing you IRS bedtime stories

bruh IRS been sending me “friendly reminders” for a year
I treat them like my gym membership — unopened and ignored

 

[Horkos]

also, don’t name your LLC “crypto something”
you’re foreign AND shady? Stripe gonna shut you down before your site load

 

[Labrat88]

also, don’t name your LLC “crypto something”
you’re foreign AND shady? Stripe gonna shut you down before your site load

damn… was gonna call it “DeFi Bridge Ventures”

 

[Goodboy13]

damn… was gonna call it “DeFi Bridge Ventures”

nah call it “Lincoln Management Group” and say you do B2B admin work

 

[LevelUpLarry]

so TLDR
WY if you want low cost + peace
NM if you want to vanish
and DE if you want to cosplay as a Fortune 500 founder

 

[Labrat88]

so TLDR
WY if you want low cost + peace
NM if you want to vanish
and DE if you want to cosplay as a Fortune 500 founder

appreciate y’all
bout to form “Northpoint Strategies LLC” and pretend I’m not working from a couch in Jakarta

 

[Horkos]

appreciate y’all
bout to form “Northpoint Strategies LLC” and pretend I’m not working from a couch in Jakarta

as you should
LLCs are just pajamas for your money anyway

 

[Steven Cohen]

unless you’re wiring 100k/month from Seychelles, no one’s even lookin

 

[Goodboy13]

unless you’re wiring 100k/month from Seychelles, no one’s even lookin

…so hypothetically if you were wiring from Seychelles—