Where to Form an LLC
Most businesses form LLCs in the state in which they primarily operate. Advantages of choosing your home state include:
- Typically the least complicated option
- Usually costs less than forming your LLC in a different state and registering with your home state
- Avoids paying franchise taxes and filing annual reports in more than one state
Many companies conduct business throughout the U.S. and abroad. An LLC with business locations in multiple states may form an LLC in a single state and then register to do business in the additional states. This means that companies must formally register, file annual reports, and pay annual fees to conduct business in multiple states.
Form your LLC online in minutes or contact a Business Specialist at 800-818-6082 (toll-free) or 302-636-5440.