Questions

Moving to LA from NYC. Was going to wind down 6-year-old LLC and start new one in CA. But the additional tax and admin burden could be worth it if I need my company's age to get more funding (banks aren't friendly to game devs so I never bothered with the 7(a) process in the past). This proposal is part of the infrastructure bill and may not pass. If it does...need to know if it changes my plans.

An established business with revenue is almost always better than a new LLC. You can consider registering your LLC as a foreign entity in CA.


Answered 3 years ago

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