e-Residency Program Offers Guidance on US LLC Formation

Estonia's digital e-Residency program has published new information aimed at assisting international entrepreneurs considering business operations in the United States. The program has produced a guide comparing various US states for establishing a Limited Liability Company (LLC), with a specific focus on non-residents.

According to the e-Residency program's analysis, Delaware, Wyoming, and Nevada are frequently cited as attractive options for foreign entrepreneurs. These states are noted for their flexible business laws, lower formation costs, and potential for privacy.

The guide emphasizes that forming an LLC in the US can present complexities for international operators. It offers insights into tax implications, statutory requirements, and administrative procedures that differ across states.

The e-Residency program, which allows individuals to establish a digital identity and start a company in Estonia remotely, seeks to foster global entrepreneurship by providing tools and information to international business actors.