What is the Best Jurisdiction for an LLC in the USA?

  • Philosophical: unless you do business in those jurisdictions, having a company from either state actually raises alarms and attracts negative attention. Both Nevada and Wyoming have a very negative reputation regarding their use in regards to tax fraud and money laundering. This reputation may be untrue and baseless, but why expose yourself to such negative perception when there are equally good if not better options elsewhere?
  • Practical: Neither Nevada or Wyoming have a broad deep base of legal decisions like Delaware. As such when an issue is raised that has never come up in a state court before, both look to their neighbors for possible legal precedent. In Nevada, the state courts almost always look to California — this should worry anyone who is even considering Nevada.

--

--

Alexander Hay is a US lawyer now living in Tbilisi, Republic of Georgia. Some have accused him of being a curmudgeon, but what do they know???? Noisy kids!

Love podcasts or audiobooks? Learn on the go with our new app.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store