‹ BackHN Continuity

Thread

Have an LLC

72 points · 63 comments · mlex

  1. OutOfHere · · focus · HN ↗
    A question is: where do you register one? Should it be Caymans or Panama or South Dakota or Texas or Delaware or your home state?

    Also, what type of LLC should it be?

    1. socializer · · focus · HN ↗
      Depends on what's your goal. Privacy and the least amount of paperwork? Probably a place like Wyoming, where your annual report is a single page saying "yeah I'm still alive". But an LLC will usually need to be parallel-registered in the state it's doing business in, so if it's a pain-in-the-butt state like California, might as well register it here - you're not escaping their fees and paperwork either way.

      Delaware is for big companies.

Open on Hacker News to reply ↗

Unofficial Hacker News client; not affiliated with Y Combinator.