Hi, Any tips on getting a LLC? Website to purchase, what state and getting a address for CAN compliant mailings? Thanks.
You can register an LLC by contacting the Secretary of State office of the state you want your LLC to be formed in. Wyoming, Delaware and Nevada are popular as they have the lowest fees, taxes & other advantages (Google is your friend). You can also go through a filling service who will do the paperwork for you. I have used myusacorporation.com and really recommend them. They are fast & cheap ($39). For your mail forwarding needs: - earthclassmail.com - mailboxforwarding.com Hope it helps! :marchmellow:
What are the benefits for an individual having LLC (not offshore) besides those that can be reached with just registering for mail forwarding service?
Mail forwarding doesn't give you any legal benefit for anything, it just allows you to not list your real business / personal address in emails. Also processes your mail obviously, but again that has no legal benefit. An LLC, as well as with corporations, is a business entity, so instead of having your personal name be the business, the business has its own "life" per say. If you had partners the entity is a way of spliting up percentages of the company offically, but this could be done without the corporation (or LLC), it just makes it easier. The main reasons for an LLC or corporation is liablity and taxes. It doesn't protect you from everything, but shields you from debts that the company owes, you don't pay or receive any money, the company does, and hence you couldn't be sued for more money than the company itself has (there are exceptions however, and a lot more to it). http://www.bizfilings.com/learn/creating-llc.aspx ^^ Here's a link to some info, you can continue your search along these lines, but I wouldn't waste too much time considering if you need some sort of company entity, you do, you just need to decide if you need an LLC, a corporation, etc and what state / country you want to file them in. Those types of questions are really beyond the scope of this forum, they are best asked of a lawyer or accountant or just read the offical websites of the state's corporation board and make a choice. Since you live outside the US, if you go with a US entity, I suggest Delaware as the state you register in, they have some of the most "friendly" laws and fees.
Having an LLC in the right place can do many things for you. It can protect your privacy, reduce liability to that of what the company made and not your own assets, avoid double-taxation, and completely cover your butt in the event you mess up. Nevada is a good place for registration because of their privacy laws. Delaware is the most obvious, but not a great choice when it comes to mailers. No matter what, cough up the $125-250 it costs for an LLC now or it'll costs you hundreds of times that in the end. To get an addresses and hanging place for your business license, you can Google search 'virtual offices [your area here]' and find a slew of options in most cases.
Delaware, if I have my facts correct, used to be the haven for anyone wanting to be anonymous. In this industry, you can send an email to a horse farmer who didnt realize his wife opted in, and he drives his haywagon to your place of business and stabs you with a pitchfork. However, as of late, I think Delaware is crap for LLCs. Your public information is available to anyone doing a search, or so they told me...
As far as I know, Delaware is one of the few place that restricts spamware use and you know how that 'spam' word is. They could say that anything is spamware if they want to and I wouldn't be surprised if they couldn't get the local government in Delaware to fold. DELAWARE CODE -- TITLE 11 -- CRIMES AND CRIMINAL PROCEDURE SECTION 931 (Approved by Governor June 23, 1999; effective July 2, 1999) A person is guilty of the computer crime: (c) When a person sells, gives or otherwise distributes or possesses with the intent to sell, give or distribute software which: (i) is primarily designed or produced for the purpose of facilitating or enabling the falsification of electronic mail transmission information or other routing information; (ii) has only limited commercially significant purpose or use other than to facilitate or enable the falsification of electronic mail transmission information or other routing information; or (iii) is marketed by that person or another acting in concert with that person's knowledge for use in facilitating or enabling the falsification of electronic mail transmission information or other routing information.
There's noob and then there's just asking questions that google can answer in the top 2 search results....
Coin, good info, obviously I didn't know that In general Delaware is better for other industries but clearly not for mailers, so thanks for correcting that. + rep ^^
