Whether it’s Nevada, Wyoming or Delaware, there are certain states that benefit from online hype as being the “best” states for registering a business.
But they’re not the shiny object they’re cracked up to be.
My new clients learned the hard way that forming an LLC in Nevada was not the right move.
Why? Because their business is based in Georgia, not Nevada.
They ended up having to register as a foreign LLC in Georgia, paying double fees and dealing with more paperwork. They’ll have continuing tax liability in both states. They’ll have to comply with the laws of two states instead of one.
Don’t fall for the hype. Consulting with a lawyer and tax pro can help ensure optimal business structure.
Trust me, it will be worth the money to do it right the first time.
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