(as) Form Your Delaware LLC here: bit.ly/Delaware-LLC. **NOTE that Incfile was just rebranded as Bizee, but the formation process is the same!** I hope this was helpful, and let me know if you have any questions!
Hi. Thanks for watching and for your question. I have the following video which covers the Holding Company structure: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-_IogAZ1xJoU.html. Just make sure that, if you have your holding company first, when you create the subsidiary LLC you will enter the holding company LLC as the member. I hope that helps, but please let me know if you have other questions. Best regards, Chris
Hi Chris first of all great video you are saving lots of lives doing it... as someone who is about to start a Start up I have a million question.. So I'm Canadian I reside in Canada however my co-founders and probably future investors will all be from USA.. my question to you is can I register my start up under Delaware also can I still do s corporation LLC as per your previous video or will I fall under the restriction since I'm Canadian and non US resident ?
Thank you for your kind words. I really appreciate them. Unfortunately, you cannot have an S Corporation in the US since you are a non-resident. Since you will have other founders and possibly additional investors, the most common options that remain available are to form an LLC (taxed as a partnership or a C Corporation) or to form a C Corporation. If you decide on a C Corp, the process of forming it is very similar to my video on LLCs. If any of your co founders are in CA, or if the company will have a presence in CA, feel free to reach out to me to discuss at www.chrisjacksonlaw.com. I wish you and your start up all the best! Best regards, Chris
Thanks so much for your response, it ll be an AI online tool so it won't have a physical presence per se... I am trying to avoid taxes specially the start as I don't know if this will work out I'd feasible... Can you only help if it's California I thought you said Delaware is better as no taxes. I'm trying to keep everything to do the miminum as right now I have only a co-founder that's working with me and no investors and no product yet
@@Zarasafs Hi. Sorry, I did not see your reply to my reply. At the present moment I'm only taking on clients located or doing business in CA. However, even for CA clients (and foreigners), I generally recommend either Delaware or Wyoming. Many of my followers who are not US residents are forming LLCs in Wyoming. I have a video on how to form an LLC in WY too. Note that when you get to the EIN section, just select that you are a foreigner. Incfile will obtain the LLC's EIN for you, and you can use this to open a bank account for your LLC (if needed). Hope this helps, and best of luck! --Best regards, Chris
Hi Chris, thanks for your videos. I went to use your affiliate link (for incfile), but it doesn't work. it takes me to sharesale and says "We’re having trouble finding that site" I've tried in a few different internet browsers and get the same/similar page. Can you fix it?
Hi. I appreciate you using my link, thank you. And, thank you for letting me know. I just checked on my computer and my wife's computer, and the following link worked: bit.ly/IncFileForLLC. I'm using Chrome, but I tried on safari as well, and it worked. I'm sorry you are having this issue. Please let me know if you are still having problems. Thank you!! Best regards, Chris
Is Delaware the best state to pick for asset protection llc in the case of a trucking company?An llc owning(but not operating the equipment)like leasing llc of sort.Operating inc is in IL
Hi. Delaware is in my top 3 (it's number 2). I like Wyoming as my number 1 for both asset-protection and low fees purposes. Here is a video which goes over the pros and cons of DE, WY and NV (versus your home states, like IL), and how to consider structuring your entities: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-Qag9vlnp348.html. I also have a video on how to file in WY if you choose WY (it's very similar to the DE one though). Let me know if you have any other questions, thanks! Best regards, Chris
Hi: Great question. The Corporate Transparency Act requires the disclosure of member information to the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) only. The place to file the report is here: www.fincen.gov/boi (note that you have to wait until after January 1, 2024) Note that your information (LLC and member information) will not be disclosed to the public. It will only be accessible by the federal government, US banks and local law enforcement (with a warrant). Best regards, Chris
Hi: Thank you for watching my video and for your questions. I prefer Delaware (or Wyoming - I have a video on that too) for LLCs for both asset protection and anonymity (if that's important) purposes. If you are doing business in Washington State, you can either form a DE LLC (or WY LLC) and qualify it to do business in Washington. Or, you can form an LLC in the state of Washington. The latter would cost you a little bit less on fees, but it may not provide the same level of asset protection (especially for single-member LLCs). Note that forming one in WA using Incfile will be very similar to the walkthrough video I did on DE and WY. Let me know if you have any other questions. Thank you! Best regards, Chris
Hi. Thanks for watching and for your question. Bizee/Incfile can provide you and address in DE. You only need an agent for service of process though, which they will provide for free for the first year. If you want a virtual office in DE in addition to a registered agent, then they also have that service for $29/month. There are other options for virtual offices too, but note that you only need to have an agent for service of process (registered agent) in DE. Let me know if you have any other questions, thanks! Best regards, Chris
@@cjlawvideos thanks so much for your response, I won’t be going in file route because I have taken the help of a large law firm they just don’t offer any address and I’m in the process of doing incorporation. It’s pro bono so I don’t have to pay or anything but they require me to have an address, so basically I should like look for some service that provides registered agents correct and give them that address?
@@Zarasafs Hi. if you are located outside of DE, then you need a registered agent in DE for your DE LLC. Here is a link to the company I recommend because their fees are relatively low and they guarantee not to increase them over time: bit.ly/IncFileForLLC. Just go to "Services" and choose "Registered Agent" to learn more. If you want a "business address" that is different from your home address , then this same company will offer Virtual Office addresses where they will receive and scan your mail. Just go here: bit.ly/IncFileForLLC, select Services and choose Virtual Address. With that said, for your business address, you can also choose a UPS mail box or a virtual office company like Regus or Alliance. I hope that helps! Best regards, Chris
