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Form your LLC in another state. California is absurd. Form it where it makes legal sense, not where you reside. You can also get a forwarding address there as
by graphememes 8y ago
Form your LLC in another state. California is absurd.
Form it where it makes legal sense, not where you reside. You can also get a forwarding address there as well.
It also would be in your benefit to follow the laws of that area as well.
- ryandrake 8y agoNot a lawyer but this does not sound like good advise. If you live in California, and the people working on the business are in California, California may decide you have a nexus here and that you’re subject to the tax.
- graphememes 8y agoAlways consult your lawyer first. There are many reasons for doing the above. However, it's whatever is in your best interest and also field others for advice. You want a quorum.
- gamblor956 8y agoIf you live in California, forming an LLC in another state just means that you are now paying that other state, and California. You also get the joy and privilege of filing two state income tax returns. Oh, and the real kicker is that you're now subject to being sued in either state.