I already formed in Delaware through Atlas. Is it worth moving the LLC to Wyoming now?
I am in Brazil and used Stripe Atlas to form a Delaware LLC for a SaaS company. We are not raising VC money anymore and the business is still small, so I keep seeing people say Wyoming would have been cheaper and simpler.
I am now tempted to move the entity just to reduce future friction, but I do not know if that is real savings or just online chatter. The company has one owner, no employees, and about $60,000 in annual recurring revenue.
Related Questions
Can California really charge my LLC even if the business barely sold anything there?
I live in Germany and formed in Delaware, but one co-founder moved to California and has been doing product demos and some customer support from there. Sales to California customers are still small. W...
My Wyoming LLC is tiny. Is the annual report still required if assets are basically zero?
I live in Singapore and formed a Wyoming LLC because several founders told me it was the simplest state for a remote business. The company has no employees and no U.S. office. It mostly just has a ban...
Does hiring one California contractor mean my foreign-owned LLC has to register there?
I am in Australia and run a Delaware LLC with around $95,000 in e-commerce support revenue. I am about to hire a California-based contractor who would handle customer onboarding and maybe some account...
How does Delaware's franchise tax work for a foreign-owned LLC — and is it worth the cost?
Everyone recommends Delaware for LLC formation, but I'm trying to understand the actual annual costs. I'm a non-resident alien from India and I have a Delaware LLC that I use for freelance software de...
My Georgia LLC only has one U.S. recruiter. Does that one payroll setup make Georgia a much bigger state issue?
I am based in Kenya and run a Georgia LLC that places remote assistants for U.S. clients. Almost everyone works outside the U.S., but I now have one recruiter in Atlanta on payroll. Revenue is around ...
People told me Texas has no state income tax. Why am I now hearing about franchise tax filings?
I am in India and registered a Texas LLC for a productized consulting business. Revenue is around $140,000 and all payments come from U.S. customers, but I perform the work from India. I chose Texas b...
Does Virginia's annual registration fee matter if my LLC barely touched Virginia this year?
I am based in Colombia and have a Virginia LLC because my U.S. partner used to live there. This year the company did only about $21,000 in consulting revenue and almost all work happened outside the U...
My Washington SaaS setup is remote. Why is my accountant asking about B&O tax?
I am in South Korea and have a Washington LLC because my co-founder lives in Seattle and handles operations there. We sell a SaaS product and most of the code is written outside the U.S. I assumed the...
My Delaware LLC had almost no activity. Do I still owe the Delaware annual tax?
I am based in Spain and formed a Delaware single-member LLC last year for a software product that has barely launched. There was maybe $3,000 of test revenue and a few owner-funded expenses, but no pa...
My Florida warehouse issue feels like sales tax, but could it also become a federal tax problem?
I am in Mexico and run a Florida LLC that sells imported home goods online. We recently moved some stock into a Florida warehouse to improve delivery times. My sales tax adviser is already reviewing F...
Have a similar question?
ForeignLLCTax members get expert answers with IRS citations. One CPA consultation costs $200+. Full access is $9.99/month.
Become a Member — $9.99/moDisclaimer: All content on ForeignLLCTax.com is created by a tax professional and is provided for general educational and informational purposes only. It does not constitute tax, legal, or accounting advice, and should not be relied upon as such. Every tax situation is different — for advice specific to your circumstances, please consult a licensed CPA, Enrolled Agent, or tax attorney. By using this website, purchasing a subscription, or accessing any tools or services, you acknowledge that no client-professional relationship is established between you and ForeignLLCTax.com or its operators. This website is not affiliated with the IRS.
