3 ms·
There’s really no axiomatic reason why the LLC has to be anonymous in the first place. The whole concept of an LLC is a construct, a fictional entity intended
by CPLX 7y ago
There’s really no axiomatic reason why the LLC has to be anonymous in the first place.
The whole concept of an LLC is a construct, a fictional entity intended to take the place of a person before the law. It is fundamentally a state created thing, there’s no issue of rights or natural law at stake here. It’s a privilege.
The usual goals stated for allowing corporations to exist at all are shared ownership and limited liability, to enable productive and speculative enterprise.
A single person who wants to hide within that structure doesn’t have any special claim on that right, unless they can demonstrate why the state should allow it, an argument that has to be made on the grounds of increased social good.
If we want anonymous property ownership we should legislate it. We don’t, real estate transactions are usually public.