Puerto rico government

American Samoa is the best state to open a small business LLC

American Samoa LLC

“American Samoa’s simple one-step process has made it the best state in the United States to open an LLC”

PAGO PAGO, AMERICAN SAMOA, UNITED STATES OF AMERICA, May 4, 2022 /EINPresswire.com/ — Voted best state for LLC form

Traditionally, the preferred states to register your business entity in America have been Delaware and Wyoming. What if there was an even better option available? What if the best state to form LLC was not a state at all, but a territory? As of 2018, it’s no longer just an idea, but a reality: the best state to form LLC today is American Samoa. All you need to do to get started is visit llc.as.gov to register your limited liability company.

Benefits of American Samoa’s Unique Location

One of the main reasons American Samoa is the best state to form an LLC today is its unique location in the world. The territorial capital of American Samoa, Pago Pago, is approximately 2,500 miles from Hawaii and nearly 5,000 miles from the mainland United States. Your American Samoa LLC cannot be sued without the other party’s attorney physically appearing in a courtroom in American Samoa. This virtually eliminates the possibility of dishonest lawyers or former clients bringing frivolous lawsuits. Not even Wyoming or Delaware can offer this kind of protection.

Taxation in American Samoa

American Samoa is the only unincorporated territory of the United States; unlike incorporated territories like Puerto Rico, the federal government’s relationship with American Samoa is much looser. At the request of the local government, residents of American Samoa are treated as US nationals, but as citizens of Samoa. No state tax. Indeed, American Samoa has its own independent tax authority which is modeled after the IRS, but distinct from it. This protection of your business income from the prying clutches of the Internal Revenue Service is another major benefit of setting up an LLC in American Samoa.

Protect your business

In today’s interconnected world, with an ever-growing list of apps and services with nebulous and arbitrary terms of use, it can be easy to forget that you still have a constitutional right to privacy. When you register an LLC in American Samoa, the identity of your partners and you can remain anonymous to everyone except your registered agent, whose services will be provided to you when you register your LLC. If you don’t want the world to know who runs your business, that’s your right. You don’t need a reason to keep this information private beyond your personal wish to do so.

A Bright Future in American Samoa

American Samoa Limited Liability Company Act in 2018, it was the first step towards making American Samoa the best state to form LLC. He signaled American Samoa’s intention to compete with other business-friendly sites to become the new headquarters for businesses of the future. With the internet now able to connect this remote archipelago to the rest of the world almost instantly, now is the time to set up an LLC in American Samoa. The benefits are just too good and too numerous to pass up.

You can register your LLC today for as little as $150 at llc.as.gov.

American Samoa LLC
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