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Setting up an LLC in Wyoming will not shield your from tax issues in your home state (California or otherwise). Those LLCs are such a headhache from a tax poin
by alain94040 17y ago
Setting up an LLC in Wyoming will not shield your from tax issues in your home state (California or otherwise).
Those LLCs are such a headhache from a tax point of view, plus they depend so much on state and federal regulations. Good luck doing business internationally as well.
Why do you think we invented the 100% virtual company (http://fairsoftware.net http://fairsoftware.net)?
Granted, the liability part is not as strong as a clean LLC, but you are shielded from your customers, and you can work with pretty much anyone worldwide without having to worry about any paperwork at all.