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I own multiple mobile apps and currently live in NYC. Each app is under it's own LLC single-member which is me. However, I am sick and tired of paying a leg and an arm in NYC taxes. Local + State taxes add up to an extra 100k taxes I will be paying this year. I believe this is seriously unfair especially since I do not occupy an actual location to conduct business and all my business can be done through an internet connection from anywhere in the world.

My questions.

  1. Do I have to be a resident of Florida to set up an LLC there?
  2. If I have to be a resident of Florida to form an LLC, how long do I have to live in Florida to be considered a resident?
  3. Can I set up virtual mailboxes in Florida to receive mail for the LLC's?
  4. I will be needing to set up around 6 LLC's and all will make 100k+ or more per year. Will I have any issues setting up multiple LLC's?
  5. Will the business ownership show if someone Google's my name?

Thanks. Really look forward to your responses.

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Do I have to be a resident of Florida to set up an LLC there?

No

Can I set up virtual mailboxes in Florida to receive mail for the LLC's?

Probably, but you still have to have a registered agent

I will be needing to set up around 6 LLC's and all will make 100k+ or more per year. Will I have any issues setting up multiple LLC's?

Why would you have issues? Set up as many as you want.

Will the business ownership show if someone Google's my name?

Probably, it's a public record.

To avoid the New York taxes, it's not the LLC that needs to be in Florida, it's you that need to be in Florida. It doesn't matter where the LLC is, as long as you are in New York - you're going to pay NY taxes.

If you're making 100k/year, how is having a set of LLCs costs you extra 100k? Check your numbers.

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  • Each LLC makes 100k or more per year and state+local taxes add up to a combined 100k per year through all the LLCs and since I am a single member on all of them, I pay taxes on my sum earned.
    – Sunny Joe
    Mar 2, 2016 at 16:31
  • @SunnyJoe that has nothing to do with LLCs really. You are paying the taxes on the sum earned.
    – littleadv
    Mar 2, 2016 at 17:38

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