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palcal Member
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1
7 days ago

Incorporating a LLC in a low-tax state

Hi everyone,

I am looking to set up a shopify store and register an LLC. However, I am totally confused by all of the information available out there about where to incorporate. My permanent address in the US is in NY, but I live overseas. I am wondering if I should incorporate in my permanent address state (NY, which is "high tax") or in a lower taxed state like Wyoming or Delaware. There is tons of conflicting information out there about this and it is a bit overwhelming for a total newbie. Any thoughts would be really appreciated.

Thank you.