this post was submitted on 27 May 2024
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[โ€“] [email protected] 12 points 7 months ago (2 children)

You normally pay an annual fee to keep your LLC registered.

[โ€“] [email protected] 12 points 7 months ago* (last edited 7 months ago) (2 children)

There's at least 10 states with no annual fee. Arizona is $50 to file, $0 annual fees, and no annual report to file.

If you'd prefer your company to have voting rights, you can file in Rhode Island, and your company can vote in local and state elections without ever stepping foot in the state. Hooray late stage capitalism ๐Ÿ˜ž

[โ€“] AppleMango 1 points 7 months ago

There's a good chance the original commenter is not from the US

[โ€“] meco03211 10 points 7 months ago (1 children)

Also I think you are required to submit yearly financial reports.

[โ€“] [email protected] 3 points 7 months ago

Not in Arizona. You don't even have to live there, just have to file there.