Questions Regarding Starting an Out of State LLC
Hi All,
My partner and I plan on doing business in the Philadelphia area but want to float an LLC either in Nevada or Wyoming. I have been doing some reading on the internet regarding this subject and have an idea but would like to know what everyone thinks (Any input is appreciated). So here I am wondering if any of you can help direct me in the correct path or connect me to the right people that have been thru this process before.
1. What are the benefits of starting an Nevada LLC vs Wyoming LLC vs Delaware LLC?
2. Do we need to foreign file in the city of Philadelphia or in the state of Pennsylvania if we start an LLC in any of the above states? One or the other or both?
3. Do we need to get a business license in Philadelphia or in the state of Pennsylvania to do business? If yes, What documentation or what is required to do so?
4. Do you recommend wrapping this LLC with a TRUST? If yes, Why and What might be the charges?
Thanks. Look forward for your replies.