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How to form an llc in wyoming
Instructions and help about Assignment Of Trade Name Registration Wyoming Secretary of State Vote Wyoming
I am looking to start a music publishing company and I've been reading up on the possible benefits of having an out of state (ie Wyoming, Nevada) LLC. How does one decide whether or not to go that route?The "benefits" are likely to be illusory, because you probably will have to register the LLC, and pay taxes, in your home state, anyway.I blogged about this several years ago. Quoting Why (not) form an LLC in Nevada (or Wyoming)?:Questions about forming a limited liability company (LLC) in Nevada (or, increasingly, Wyoming) come up so frequently that I feel compelled to write about this topic.There is something approaching the status of urban legend about the wisdom of forming an LLC in Nevada or Wyoming because they do not have an income tax. The problem is that lack of an income tax will benefit you only to the extent that you do business in in that state!Let’s say that you live, and intend to do business (in the legal sense – see Doing Business in CA? Be Sure to Register), in California, but you form your LLC in Nevada or Wyoming. Guess what: Because you are doing business in California, you will have to pay income tax in California. Furthermore, you will have to register your LLC in California as a foreign LLC. The result: You will not have escaped paying income tax. Furthermore, you will have to pay the two states’ annual business fees!The bottom line:Form your LLC in Nevada or Wyoming only if that is where you will be doing business.If you will be doing business in another state, that is where you probably should form your LLC.If you will be doing business in multiple states, work with a knowledgeable tax adviser. Multi-state tax issues can be tricky.
How does one run for president in the united states, is there some kind of form to fill out or can you just have a huge fan base who would vote for you?If you’re seeking the nomination of a major party, you have to go through the process of getting enough delegates to the party’s national convention to win the nomination. This explains that process:If you’re not running as a Democrat or Republican, you’ll need to get on the ballot in the various states. Each state has its own rules for getting on the ballot — in a few states, all you have to do is have a slate of presidential electors. In others, you need to collect hundreds or thousands of signatures of registered voters.
Let's say that your an Amazon seller and that you have formed a business like an LLC would you legally have to submit your Amazon seller name as a DBA/trade name/fictitious business name to your secretary of state/business licensing authority?I find this type of question quite intriguing - one that I never before have encountered, and one that I never would have thought of on my own.To start, please note that each state has its own laws concerning fictitious or assumed business names. I will refer to the laws of California, where I practice.Business and Professions Code Section 17900(b)(5) states, in relevant part, that “fictitious business name” (FBN) means:In the case of a limited liability company, any name other than the name stated in its articles of organization….So, let’s assume that your LLC is named “Best Stuff, LLC”, and your Amazon seller name is “BestStuff”. Your seller name qualifies as an FBN.Next, Business and Professions Code Section 17910, which specifies when a fictitious business name (FBN) must be registered, begins as follows (emphasis added):Every person who regularly transacts business in this state for profit under a fictitious business name shall do all of the following….The “in this state” requirement ensures that the state is not interfering with interstate commerce in violation of the Commerce Clause of the U.S. Constitution.So, the question then becomes whether BestStuff is regularly transacting business within the state. The answer will be fact-dependent. For example:Is BestStuff directly shipping goods to customers within the state on a regular basis? If so, then the FBN should be registered.Is BestStuff regularly transacting with entities other than customers (suppliers, business partners, professional advisors etc.) within the state? If so, then the FBN should be registered.Does BestStuff have no regular direct interactions with individuals or entities within the state, having all direct dealings with Amazon, which is in a different state? If so, then there is no obligation to register the FBN.BTW, to correct an assumption toward the end of the question: An assumed or fictitious business name typically is not registered with the secretary of state or a business licensing authority. In California, for example, most FBNs are registered with counties (rather than the state), whereas most business licenses are granted by cities.Footnotes Law section Law section Commerce Clause