Previously, the preferred American states to register an LLC were Delaware and Wyoming. Whenever people used to think about LLC registration in American states, these two names used to come to their minds. And undoubtedly, they were successful options for all. But, today, things have changed, making American Samoa the best state to form an LLC.
Creating an LLC in American Samoa is simple as the state had launched its “LLC Online Portal”. With this portal, any person from any country or US state can set up a dedicated LLC in American Samoa. The online portal is llc.as.gov. Most importantly, creating an LLC in American Samoa through a newly launched website is affordable. It forms LLCs in the state with all the same, or even better, tax benefits and asset protections as those found in Delaware and Wyoming. The only thing is you should comply with state-specific requirements.
To simplify and streamline the registration process and save time, you will find Articles of Organization on the portal. Everything is properly explained through these articles. Also, they are easy to understand; you don’t need professionals to explain. Other than this, you will receive registered agent services free of charge, who will guide you to how to create an LLC like through the registration process. After you complete the registration process, you will get an official copy of the approved Articles of Organization through email.
Summarizing the key benefits of “LLC Online Portal” to all users:
- Free registered agent
- Open to US and Non-US citizens
- Owner confidentiality
- Personal Asset Protection
- No States Taxes
- Limited Personal Liability
Your work on LLC Online Portal is over. But, after that, you should visit www.IRS.gov to receive a business Tax EIN.
Reasons to create an LLC in American Samoa
For many people, it’s very difficult to think about any other American state over Delaware and Wyoming. They are stuck with these two states and think nothing can be better than them. For such people, we will discuss some strong reasons to create an LLC in American Samoa.
Unique location
Located around 2500 miles away from Hawaii and almost 5000 miles from the mainland United States, American Samoa is uniquely located in the world. Here, no other party’s lawyer can sue your entity without a physical presence in a courtroom in American Samoa, meaning the virtual elimination of dishonest lawyers or former clients filing frivolous lawsuits. You wouldn’t get this protection in Delaware and Wyoming.
LLC taxation
The federal government’s relationship with American Samoa is much looser because it’s the only unincorporated territory of the United States. On registering an LLC in American Samoa, you will see lots of differences in government behavior compared to incorporated territories.
Here, the residents are considered US nationals but the citizens of American Samoa, meaning the income earned through LLC in American Samoa is exempt from State taxes. The state has independent tax authority which is modeled on, but different from the IRS, protecting business income from State taxes.
Business privacy and safety
If you don’t want the world to know who is running a business, creating an LLC in American Samoa is a brainer. You can register as Anonymous LLC to protect yourself from people who might harm or sue you unlawfully. The best thing is no one will ask you the reason to keep the information private.
Except for a registered agent, whose services will be provided when registering an LLC, the identities of members and managers will remain anonymous to everyone.
Creating an LLC in American Samoa is simple; you just have to visit the online portal and follow the steps as guided by the registered agent.
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