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Lesson 8 of 32Video length 4:38

Best states to incorporate (Delaware, Wyoming, Florida…)?

Choosing the state of formation. Non-residents can pick any state and are advised to choose Wyoming or Delaware, both at 0% state tax, while US residents form in the state where they operate. Florida is used as a comparison (5.5% corporate tax on LLC profit, 0% personal income tax), along with filing and annual fees.