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Unfortunately I am in California, which has an $800 fee for setting up an LLC which must be paid again every year. So it is much less convenient.
I'll probably just go ahead and set up the LLC though, just not sure where I'll get the extra funds to do so yet.
Doh I see that now. I misread it as California as Canada for some reason.
Frustrating. In my home state, it is $10 for DBA which is useful if you're just starting your hobby business and can't yet meet the IRS rules for operations and profitability or other rules, $54 per year for an LLC or S-corp registration.
Again, talk to an accountant but you might not have to set up a California LLC in this case. Delaware corporations are always popular, a quick search says Wyoming is $100 fee and $52 annual renewals. Neveda seems to have nice tax policies.
