How to Stay Anonymous as an LLC Owner
LLC owners can remain anonymous by using a registered agent service to file paperwork. Some states like Wyoming don’t require listing LLC members at all, offering privacy when running a business. Register the LLC through a third party service to protect your identity.
Reasons for Anonymous Ownership
Avoiding lawsuits or harassment are examples of reasons for maintaining anonymous ownership. Registering an LLC with a proxy address keeps owners anonymous, with states like New Mexico, Wyoming, and Nevada offering strong privacy protection for LLCs.
Transitioning to Anonymous Business Ownership
Converting from an S corp to a manager-managed LLC limits required owner disclosures, providing a simpler structure switch process. Check existing LLC availability before filing paperwork. Part-time employees can work for anonymous companies.
Owning a Business Anonymously
Starting a business anonymously involves steps to protect the owner’s identity. Anonymity may not be possible everywhere, but states like Delaware, Nevada, New Mexico, and Wyoming allow registration as an anonymous LLC. It provides privacy but isn’t entirely private.
Which States Allow LLC Owners to Remain Anonymous
Wyoming allows LLC owners to stay anonymous. Some privacy is offered in Maine but requires listing LLC members and managers on public records.
Advantages of Forming an LLC
LLCs provide limited liability protection, pass-through taxation, and flexibility in ownership and management structures. An LLC Operating Agreement helps define internal workings like management and operations.
Additional Information
Reporting beneficial ownership information federally will be required from January 1, 2024. Using a service like Northwest can help with LLC formation and tax compliance. In the UK, forming an LTD offers liability protection and tax benefits similar to an LLC, with key differences from public limited companies.