Making An LLC In American Samoa Made Easy
Editor's note: This article is office of ChivMen exclusive series where the articles will guide and provide knowledge to men nearly everything in life.
So, yous're an entrepreneur. You and your partners are eager to start your own business. You lot can annals in one of any number of destinations. Accept y'all considered making an LLC in American Samoa?
In 2018, American Samoa passed a constabulary that allows local and foreign investors to register express liability companies past submitting an application through the American Samoa Treasury Section. The instant communications enabled by the Internet accept enabled American Samoa to compete with other states to become a abode for new businesses. Making an LLC in American Samoa is piece of cake! Just become to the awarding page at llc.as.gov to register your LLC in American Samoa.
Is Making an LLC Correct for Me?
LLC is an acronym for "limited liability visitor". There are multiple structures for creating a business. For smaller businesses, making an LLC is a popular selection for a number of reasons:
- Confidentiality: In an LLC, only your company'southward Registered Agent is required to know the true identity of your company'due south partners. Your real names tin remain private.
- No State Taxes: American Samoa is non a state, simply a territory of the United States.
- Personal Asset Protection: What "limited liability" means is that your personal assets cannot be seized by creditors to satisfy debts related to the business.
- Free Registered Agent: When you create an LLC in American Samoa, you volition also exist given the services of a Registered Agent at no additional cost.
- Easy Awarding: File your application from any device with a web browser, anywhere in the world, any fourth dimension of day.
- Transferability: If the day comes that y'all wish to sell your company, American Samoa LLCs have easily transferable buying.
The registration fee you lot pay to file articles of organization for your LLC in American Samoa can be as low as $150. In comparison, Wyoming charges $199. Registering an LLC in American Samoa has so many advantages, we believe it is the best state to set upwardly LLC.
American Samoa status
American Samoa is the only unincorporated territory in the United States; this status means it is the only part of the United States whose residents are not given U.S. citizenship. A key difference between states and territories is that territories' Congressional representatives do non have voting rights; as a consequence, they are exempt from federal taxes. This is one of the reasons making an LLC in American Samoa is then highly-seasoned today.
Why look? Start making an LLC today
American Samoa is almost 5,000 miles away from the U.S. mainland. Cheers to the Cyberspace, though, you don't have to exist at that place to kickoff making an LLC in American Samoa. With a population of but 55,000 people, any economic activity directed there volition have a disproportionately high benefit to the local economy. With easy and cheap registration, personal asset protection, and privacy for the identities of you and your business organisation partners, the choice is clear: American Samoa is the best place for making an LLC today.
Register your limited liability visitor today at llc.as.gov.
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Source: https://www.chivmen.com/making-an-llc-in-american-samoa-made-easy/
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