Not particularly, and it is extraordinarily common.
Delaware isn't particularly useful for early stage LLCs, but bear in mind that your home state may be a bear to file in. Some states, like NY, require you to run ads in a newspaper.
The NY LLC Newspaper requirement costs some money (1200 in New York County), but you will more than save that money in other tax incentives. Check out ST 121.3 (sales tax exemption for computer hardware) -- unless you live in delaware, you will easily save more than your cost.
Plus if you want to do business in NY you may be forced to file as a foreign LLC, which also requires you to do the newspaper ads.
Comments
Not particularly, and it is extraordinarily common.
Delaware isn't particularly useful for early stage LLCs, but bear in mind that your home state may be a bear to file in. Some states, like NY, require you to run ads in a newspaper.
The NY LLC Newspaper requirement costs some money (1200 in New York County), but you will more than save that money in other tax incentives. Check out ST 121.3 (sales tax exemption for computer hardware) -- unless you live in delaware, you will easily save more than your cost.
Plus if you want to do business in NY you may be forced to file as a foreign LLC, which also requires you to do the newspaper ads.