Archive for the ‘review’ Category

Why You Shoudn’t Set Up Your LLC in Nevada or Delaware

Tuesday, September 16th, 2008

by Bob Montgomery

When I am asked where’s the best place to set up an LLC or corporation, my answer is usually 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.

That’s because if you set up an LLC in a different state than 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 ..

Source: Forums