This topic has probably been beaten to death, but just want to double check with you guys.
I'm currently in NYC, although I do not plan on living here (my parents are here tho). I have a web business, where no physical goods are sold, and my virtual wares are sold to customers all over the world.
I need to operate as a business for privacy reasons and also prefer to have limited liability protection, so thus LLC.
I do not want to form it in NY because of the crazy $1000+ fees, along with the fact that I won't be living here. I might spend the next year in a foreign country or different state, etc.
So probably the best approach would be to form it in the cheapest US state (NV, DE, etc). Are there any issues with doing this?