Wyoming VS New Mexico LLC What is better?
- Thread starter Luganese
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that's interesting, did they travel to the US and visited the bank or did they already live there? I believe it is not possible to open a US bank account remote unless you know someone.
in your opinion, Wyoming is still the better solution if privacy matters?
in your opinion, Wyoming is still the better solution if privacy matters?
You can get a bank account from Mercury, which is good enough for until you find time to visit USA in person.
long time not been here. Need New Mexico company and banking with Mercury bank. What service provider to use for the company setup please?
I used North West. They can help you with a whole process, but IMO applying for EIN and then for account in Mercury is manageable by anybody who's smart enough to run business.
But of course you can pay them extra to go through the whole process without even moving your finger
But of course you can pay them extra to go through the whole process without even moving your finger
For privacy they are the same in my opinion. And I would chose NM for the cheaper price and no yearly renewal fee. I have myself a few NM LLCs that have no assets, or are owned by a WY holding LLC to get the WY charging order.
For asset protection, WY is way ahead. So if you need privacy and asset protection, choose WY.
For asset protection, WY is way ahead. So if you need privacy and asset protection, choose WY.
For anyone fawning over how MUCH cheaper a NM LLC is compared to a WY LLC (which in turn is cheaper than a Delaware LLC)... is the business venture you are planning such a smalltime thing that a few hundred dollars a year are a matter of life and death (or almost)?
If so, you might want to consider not being in business at all? Unless you were planning to have multiple LLCs...
I was quite︀ pleased with L4SB (Law 4 Small Business). Law firm that does registered agent too. Can't︁ remember a time they didn't pick up the phone when I called.
If so, you might want to consider not being in business at all? Unless you were planning to have multiple LLCs...
I was quite︀ pleased with L4SB (Law 4 Small Business). Law firm that does registered agent too. Can't︁ remember a time they didn't pick up the phone when I called.
I agree, a few hundred dollars should not stop you if you plan long term!
do the offer registered office too? accounting? tax filing?
do the offer registered office too? accounting? tax filing?
Yes, registered agent with their office, they get your mail and all that. And they are mostly lawyers and paralegals. Can't remember about accounting and tax filing because that venture of mine kinda aborted. But at the most they will have a few selected CPAs available. Really good people.
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