American Samoa’s Unique Location Makes it the Ideal place to Form a LLC
USA and American Samoa Flags
Popularity of states for LLC registration shifting from Delaware and Wyoming to the American Samoa.
Popularity of states for LLC registration shifting from Delaware and Wyoming to the American Samoa.”
PAGO PAGO, AMERICAN SAMOA, UNITED STATES OF AMERICAN, April 12, 2022 /EINPresswire.com/ -- Launching a new business requires a lot of work, especially when it comes to registration; it requires some careful consideration. Traditionally, most American companies prefer states like Delaware and Wyoming to register their business entity in America. However, American Samoa currently happens to be the best state to form LLC. — Matt Pearce
Not exactly a state rather a territory, it has been the best state to form LLC in America since 2018. For businesses wanting to establish their footing in America without legal strain, American Samoa has a dedicated website llc.as.gov for registering limited liability companies.
How does American Samoa for LLC registration help businesses?
Registering your business in this territory offers extensive benefits-
The unique location safeguards your business from malicious lawsuits
The location of this unincorporated U.S. territory makes it the best state to form LLC.
It is located 5,000 miles away from the United States mainland, and hence to sue an American Samoa LLC, the other party’s lawyer has to physically appear in American Samoa court. American Samoa can shield your business from legal hassle involving frivolous lawsuits with its geographic location. States like Wyoming or Delaware do not offer this protection.
American Samoa does not have State Taxes to LLC owners.
Allows business to protect their identities
An LLC registration in American Samoa means the identities of business partners remain anonymous as per the owner’s will. The laws only name the registered business agent offering services during LLC registration.
American Samoa is on its way to becoming the next go-to location for LLC registration
Lolo Matalasi, the American Samoa Governor, enforced the Limited Liability Company Act for American Samoa in 2018. Since then, the destination has been receiving popularity as the best state to form LLC.
In addition, it also established the unincorporated territory's goal of becoming a sought-after location for business registration in America and around the world. LLC registration charges at American Samoa start at $150. For more details, visit llc.as.gov.
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