Tag: llc
4 posts
Foreign LLC" — what it actually means and the back-fees risk
Foreign" in entity law doesn't mean foreign country. It means a different US state. The misunderstanding leads to expensive surprises when operators skip foreign qualification.
Nevada's nominee officers — what the SOS record doesn't tell you
Nevada permits paid nominees to be listed as officers and managers in public filings. The pattern is legal, common, and creates a specific verification gap.
Wyoming invented the LLC in 1977 — and built the anonymity gap on purpose
Wyoming created the modern LLC statute in 1977, decades before any other state. The anonymity features weren't an oversight — they were a marketing strategy.
The New York LLC publication requirement — why a $50 filing turns into $2,000
New York is the only state that requires newly-formed LLCs to publish notice in two newspapers for six consecutive weeks. The cost depends entirely on which county you file in.