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Should I form my entity in the state I am currently living in?
Should I form my entity in the state I am currently living in?
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Written by Shaan Patel
Updated over a week ago

Yes, forming your limited liability company (LLC) or Corporation in your home state is typically the optimal choice. Creating a Domestic LLC in your state of residence is not only more cost-effective and simpler than establishing a Foreign LLC but also offers long-term benefits for your LLC.

However, if you are a non-U.S. citizen or resident or have a specific focus on real estate within your LLC, it is advisable to consider forming your LLC in a state other than your home state to avoid potentially steep fees.

If you happen to be a non-U.S. resident, you have the flexibility to select any state for your LLC, with our recommendations leaning towards Wyoming or Delaware.

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