Posted by Rich-CA on July 04, 2007 at 15:07:49:
Once I found out that ownership of an LLC in NV was not private, I started looking. The NV LLC security is based on case law in the NV courts, rather than their statute. Wyoming has similar protections but also is as expensive ($200 per year to report that the ownership has not changed is a racket).
I chose CO for 3 reasons. (1) I was going to start doing business in CO so I had to open one there anyway, (2) its on the web so I don’t have to mail stuff, publish it, etc., (3) the fee is one of the lowest at $25 and once you pay it, everything is done.
I also have an LLC in TX (we do business there) and in AZ (we also do business there). We used to have one in NV, which is where I picked up on the costs and what they do and don’t offer.