The Bottom Line. For many small businesses, hiring a registered agent service just doesn’t make sense. They have a regular storefront, keep normal business hours, only operate in their home state, and they aren’t concerned about their privacy. If that’s you, you should do fine without a registered agent.

Can I use a PO Box for my LLC in NY?

What you want to do is use the P.O. Box as your mailing address and your home address as the actual place of business. So all forms including your LLC paperwork, you will have your physical address listed and then have your mailing address listed.

How to form a limited liability company in New York?

How Do I Form a Limited Liability Company? Organizers form an LLC by filing the Articles of Organization, pursuant to Section 203 of the Limited Liability Company Law, with the Department of State. Organizers prepare, sign and file the Articles of Organization that creates the LLC.

Can a Wyoming LLC be a New York LLC?

Even if you formed an LLC in Wyoming, you would have to apportion your income to New York and file a state income tax return in New York (and other returns, if applicable). Overall, it’s best practice to discuss your asset protection strategies with an attorney. You can look into forming a Wyoming LLC that owns a New York LLC.

What happens if you own real estate in a corporation?

If you own real estate inside a corporation and the corporation is sued, property owned by the corporation could be lost. For example, if you own an office building and someone slips on the lobby floor because your maintenance worker failed to mop up a spill from a broken bottle, the corporation could be sued.

Can a taxpayer hold real estate in a S corporation?

Following are five reasons why taxpayers should not hold real estate in S corporations. S corporations technically can have only one class of stock for a limited number and type of shareholder.