Asked in Business Formation, Tax Law and Business Law

Q: Planning to register my home based online futures trading as an LLC. Does it matter in which state I register the LLC?

Trading is my full time occupation. I am a U.S. citizen living abroad all year, however I maintain a driver's license in Washington State.

1 Lawyer Answer
James L. Arrasmith
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Answered

A: Selecting the state in which to register your LLC will depend on various factors, including your specific business needs and preferences. Since you maintain a driver's license in Washington State, you may consider registering the LLC there for convenience. However, you could also explore other states known for favorable LLC regulations and taxation, such as Delaware or Wyoming, if they align better with your business goals. Consulting with a business attorney can help you make an informed decision based on your unique circumstances.

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