Where should you incorporate your LLC?


A reader asks: What is the best state to incorporate an LLC? I have a plan for a website in which the only source of revenue will be from ads, so the revenue stream won’t be coming from a particular state. I’ve heard Nevada, based on their tax laws, is the best state in terms of starting a small business, but what do you think?

Answer: Although Nevada does not levy personal, business or corporate income taxes, that doesn’t automatically make it the right choice. When deciding which state to incorporate in, there are a number of things you should look at. Included among those are...

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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