BobKamman
Level 15
10-28-2023
04:38 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Don't blame lawyers. Blame public mistrust of lawyers. Remember, more than a third of members of Congress are lawyers. So people rely on what they find online instead.
"New Mexico has privacy policies that keep the personal information of business owners from the public through anonymous LLCs. . . .Although New Mexico LLCs are relatively cheap to form, the state implements a corporate franchise tax that needs to be paid even if your business doesn’t sell anything. As long as your company is set up and registered in New Mexico, you would have to pay a minimum of $50 for the corporate franchise tax."
https://www.doola.com/blog/wyoming-vs-new-mexico-llc/