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this post was submitted on 27 May 2024
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You normally pay an annual fee to keep your LLC registered.
There's at least 10 states with no annual fee. Arizona is $50 to file, $0 annual fees, and no annual report to file.
If you'd prefer your company to have voting rights, you can file in Rhode Island, and your company can vote in local and state elections without ever stepping foot in the state. Hooray late stage capitalism ๐
There's a good chance the original commenter is not from the US
Also I think you are required to submit yearly financial reports.
Not in Arizona. You don't even have to live there, just have to file there.