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Updated over 8 years ago on . Most recent reply

Registering an LLC in Wyoming
Hello BP Community
I am still very new to all this and doing all my research and reading as everyone else has done when they first started. I have been looking at different options on registering an LLC and it seemed like a lot of people have chosen Nevada for various reasons. But in the last few days I have seen the state of Wyoming as an option also and after reading a lot of information online I decided to post a question and possibly get answers from some experienced REI.
What are the steps to registering an LLC in Wyoming? What are the advantages of an LLC in Wyoming or Nevada? How can I operate a business in NJ while my company is registered in another state?
Any and all response are welcomed.
Most Popular Reply

@Aaron Christen are you talking about registering your LLC in a foreign state? I bought a property in another state, I simply registered the LLC there. The problem is that you must have a registered agent in that state in order to domesticate it. I think this is so they have a person to serve in the event that you get sued. It varies from state to state, but in the state I checked on, if you did not register your LLC then you cannot sue in that state, but you could appear and defend yourself if you are sued. You still must file taxes in that state, even if you do not register your foreign LLC.