State Tax for Foreign LLCsAnswered

Is New Mexico the best state for a foreign-owned LLC? I heard there's no annual report and no fee.

MP
maria_ph_6094new member
August 31, 2020 1,678 views 1 answer
state taxnew mexicono annual reportforeign LLCprivacylow cost

I keep seeing people recommend New Mexico for foreign-owned LLCs because there's supposedly no annual report, no franchise tax, and strong privacy. Is this accurate?

I'm from the Philippines and I want to set up a U.S. LLC for my online business. My priority is the lowest possible annual maintenance cost. How does New Mexico compare to Wyoming and Delaware?

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