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Business
Rick Mak

Best State to Form an LLC for Amazon FBA Sellers

Wyoming is the best state to form an LLC for most Amazon FBA sellers who do not run the business from a physical location in one state: $100 to form, a $60 minimum annual report, no state income tax and owner names kept off the public record. If you live and work in one US state, form the LLC there, because it has to register in that state anyway. Non-US sellers form in Wyoming or New Mexico. Your formation state does not change sales tax: Amazon collects and remits sales tax on marketplace sales in every state that has one.

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Top 5 States for Startup Venture Capital Access
Business
Rick Mak

Top 5 States for Startup Venture Capital Access

California, New York, Texas, Washington and Colorado are the top 5 states for startup venture capital access, with California’s Silicon Valley far ahead of the rest. Where you raise money and where you form your company are separate choices: VC-backed startups form a Delaware C corporation and operate in the state where their team works. See the best state to form an LLC for startups.

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