Question Best offshore jurisdiction for 2024 and 4 years ahead?

[yngmind]

What's the deal with the Nex Mexico LLC?

I'm an old-fashioned guy with the Delaware LLC, don't mind paying $300 fees and have my company in the reliable state.

 

[EliasIT]

The way things have changed in the U.S., it looks like Delaware and New Mexico are now the best options for a simple offshore company.

 

[kilor]

I'm an old-fashioned guy with the Delaware LLC, don't mind paying $300 fees and have my company in the reliable state.

Is Delaware a more reliable state compared to New Mexico or Wyoming? if so, what make you say so ?

 

[daniels27]

I once posted a summary here

D

Post in thread 'Cheapest online offshore company formation destinations to utilize non dom benefits'

Jan 4, 2025

What does the fees look like? for EIN, mail forwarding address, incorporation fee, name reg fee, annual audits need?, annual renewal fee?, Why did u choose new mexico when most people say go for wyoming or delware?

There is a good overview of the popular states here:
https://wyomingllcattorney.com/Form-a-Wyoming-LLC/vs-Nevada-Delaware-New-Mexico

Wyoming is cheapest and often chosen because Wyoming has no corporate taxes. Nevada is their competitor.
New Mexico is best for a bit more anonymity and lower carrying cost.
Delaware has extensive case law and is thus chosen for...

• daniels27

• 

I would put it that way. If you have the money and have a reliable company, there is nothing wrong with going with Delaware. It had extensive case law making it easier to attract investors and buyers alike. Wyoming is definitely cheaper and thus probably the choice for self-employed.

@yngmind I would be interested in knowing your rationale behind your decision. Anything I was missing?

 

[kilor]

What's the deal with the Nex Mexico LLC?

I'm an old-fashioned guy with the Delaware LLC, don't mind paying $300 fees and have my company in the reliable state.

Can you tell us why ?

 

[JackofAllTrades]

Can you tell us why ?

There is no difference between the US states as to reliability. There are simply differences in state laws and fees. For example, Wyoming has the most offshore friendly laws and Florida https://dos.fl.gov/sunbiz/ is the easiest for do it yourselfers.

 

[bizman]

Dubai will keep be on my last for that question!

 

[intlman]

As mentioned elsewhere, "Best Offshore Jurisdiction" is highly subjective. What's right for one, will not be right for another. Details matter.

 

[kilor]

As mentioned elsewhere, "Best Offshore Jurisdiction" is highly subjective. What's right for one, will not be right for another. Details matter.

Sorry, yes I agree.

 

[turmpy]

How about US LLC in Delaware, I have a few of these setup, no troubles but they are most new only 6 months old.

 

[plotoffshore]

Dubai, Cyprus, Malta, Panama and Delawware, my top 5 list!