Where should you register your LLC? This is the best state to register your LLC in:

What is the best state to register an LLC in? I'm sure you've heard that Wyoming or Delaware are the best states to register in, but this is generally not applicable to small businesses. It is true that Delaware does have a business-friendly court system, and it is helpful to register a business there if you're a large business, sometimes even if you're a small business, but in most situations, you should probably just register in your home state. Simply registering your LLC in Wyoming or Delaware will not save you money on taxes. You pay taxes in the state that you live in, and this is a common misconception. Also, if you register your LLC in Delaware or Wyoming and that is not where you live, then you're going to have to do something called foreign qualification in the state that you live in, which basically means you're going to be filing annual reports and paying fees in both your home state and Delaware. Follow me for more business-related tips.