What's the best state to set-up an LLC in?

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June 08, 2020

by a searcher from Syracuse University - The Martin J. Whitman School of Management in Seattle, WA, USA

I'm in the early stages of setting up a partnered, self-funded search and we're discussing the best state to set up our LLC. Delaware, Nevada, and Wyoming consistently come up and I'm looking for and any factors to keep in mind at this early stage - thanks!

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Reply by a searcher
from Syracuse University in Seattle, WA, USA
Thanks ^redacted‌ ^redacted‌ and ^redacted‌ for the quick response and helpful insight.

One nuance here is that my business partner and I will be searching from NC and TN, but targeting companies in the Pacific Northwest (most likely WA).

^redacted‌ ^redacted‌ ^redacted‌ ^redacted‌ - I'd appreciate the opportunity to connect with you guys if you have availability.
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Reply by an admin
from Stanford University in Honolulu, HI, USA
Hi, ^redacted‌: I think this prior thread will be of help to you: https://www.searchfunder.com/post/forming-an-llc. Also, check out ^redacted‌'s interviews on the top legal issues and top mistakes searchers make. https://www.searchfunder.com/post/interview-top-mistakes-searchers-make and https://www.searchfunder.com/post/top-legal-issues-searchers-face
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