3 ms·
LLC annual registration is up to $800/yr in CA, including foreign LLC's. I don't think $800/yr for privacy is a "very tiny". Not to mention you would need to pa
by beembeem 9mo ago
LLC annual registration is up to $800/yr in CA, including foreign LLC's. I don't think $800/yr for privacy is a "very tiny". Not to mention you would need to pay an owner of record, probably a professional, to have their name on the LLC.
EDIT: A quick web search shows that an estimated annual cost of $50-$400 for a registered agent in CA. So the cost is closer to $1k/yr.
- JoshTriplett 9mo agoLiving in California is expensive in general. Average LLC costs in the US are under $100. > Not to mention you would need to pay an owner of record, probably a professional, to have their name on the LLC. Whether that is public record depends on the legal requirements in your state. And in any case, costs for registered agent services are typically comparable to the costs of an LLC.
- BeetleB 9mo agoI have an LLC registered in Nevada. I neither live there, nor do business there. Most states allow for this - I don't know about California, though.
- beembeem 9mo agoThis is an often conjectured example. California allows for that, but it falls under a foreign LLC registration to get it recognized by the state. It turns out that the annual foreign registration fee matches the in-state one. So this ends up costing more if you want it to be enforceable.
- BeetleB 9mo ago> California allows for that, but it falls under a foreign LLC registration to get it recognized by the state. That's what I mean: California may be different. In my state, I don't need to register anything for the Nevada LLC.