I am based in the UK. If I start an LLC in the US in Wyoming for example, do I have to open a bank account in the same state? I realise that to open an bank account I need to go to a bank in person, but it is more likely that I will be in NYC or LA sometime this year and was hoping I could go to a bank there to hopefully open an account as opposed to Wyoming?
A bank account is not required to form a corporation. However, to receive or spend money, you will need a corporate bank account. Some banks will open a business account online if you can scan and email them the corporate documents, for instance, Bank of America will do this. You should open the account in the same state, or you may be required to register the corporation in the state where the bank account is located.
Actually you don't. In fact, taxes on a WY corporation are only assessed on the property that is physically in WY. WY also has some very good provisions for nominee shareholders as well. Happy to assist further if need be.
The foregoing is not legal advice nor is it in any manner whatsoever meant to create or impute an attorney/client relationship.
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