Hi there, i m setting up a side consulting firm. Ideally an LLC in Delaware but i live in nyc. My client will be in MA. The issue is llcs in nyc is painful and much more expensive process to setup. I am trying to see if there is a way to get exempt to register DE LLC as foreign llc in ny state.
Can i just do biz with my de llc while i live in ny? I wont be employee of llc and will just take out profits at the end of the year, and pay income taxes on profits in ny state which is ok. I just dont want to deal with burden of setting an ny llc (several weeks vs 15 mins De llc)
Any thoughts?
Note: have greencard so no visa issues
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comments
You can live anywhere or work anywhere.
Itโs a few days job to do so. Take the cheapest option of $100.
I have an LLC out of state. Guess what, I still need to reg in CA and pay all sorts of BS fees. Even though I do no business in CA. The fact is I do my paperwork in CA and hence Iโm operating a business in CA.
Shit, now that I think of it I should fucking VPN to the state of my LLC and claim I do business in that state only. All the logs would show I was connecting from that state. Such BS. And it will get worse as the economy circles the drain. The govt is going to spend more of other peopleโs money.