I have one question that I havent been able to find an answer to in the many books I have on LLC's and etc.
If I want to form a (say) LLC solely to bring up a website and sell whatever, do I have to form it in the state that I reside? the state where the website is being hosted?
The reason I ask is that I live in CA and it has a nasty requirement that LLC's have to "register" every year, paying an 800+ dollar fee. I think that is excessive! Can I instead open up a bank account in a LLC friendly state (Nevada?), form the LLC there, then just say I do business solely in Nevada? (the website I have is being hosted in CA)
Slashdot Mirror
I have one question that I havent been able to find an answer to in the many books I have on LLC's and etc.
If I want to form a (say) LLC solely to bring up a website and sell whatever, do I have to form it in the state that I reside? the state where the website is being hosted?
The reason I ask is that I live in CA and it has a nasty requirement that LLC's have to "register" every year, paying an 800+ dollar fee. I think that is excessive! Can I instead open up a bank account in a LLC friendly state (Nevada?), form the LLC there, then just say I do business solely in Nevada? (the website I have is being hosted in CA)
Clueless