Timeline for In what state should I register my web-based LLC?
Current License: CC BY-SA 2.5
6 events
when toggle format | what | by | license | comment | |
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Aug 30, 2016 at 15:07 | comment | added | Grade 'Eh' Bacon | "Since you're the owner and an officer - all the liabilities will be your fault by definition." [citation needed]. | |
Apr 9, 2011 at 4:50 | comment | added | littleadv | @linkedlinked Just to make sure - have you consulted with a professional re the protection you're relying on? LLC shields the owner from the company liabilities only if the liabilities are not at owners fault, and in your case, since you're the owner and the officer - all the liabilities will be your fault by definition. LLC may not provide you any protection, so just to verify you're not relying on something that's not there - consult with a professional. | |
Aug 5, 2010 at 0:03 | comment | added | bstpierre | LLC in NH is under $200. | |
Mar 7, 2010 at 7:32 | comment | added | Yang | @linkedlinked, sorry if I headed in the wrong direction, just some of my opinions. I once did some research on registering an LLC in Delaware and the annual registration fee is also around $800. No idea if there's any other states that are substantially cheaper in this. Good luck looking and please keep us posted. I'm quite interested in this as well. | |
Mar 7, 2010 at 1:03 | comment | added | linkedlinked | Yes, it's really necessary. I want the protection it provides for my personal assets. I'll pay $800 if I have to, but this is a lot of money. My question was not "Do I need an LLC?", it was "Can I legally save a few hundred dollars a year by registering out of state?" You didn't really answer my question. | |
Mar 6, 2010 at 7:03 | history | answered | Yang | CC BY-SA 2.5 |