Where should I form my LLC? NY, CA, or Delaware?

I’ve heard Nevada is a very good place to form an LLC. They have a very good tax structure. You don’t need to be there physically either.

Delaware:

1) Asset protection – separate personal and corporate assets
2) Stable legal platform – separate business courts (Court of Chancery)
3) Low incorporation costs
4) Delaware General Corporation Laws are the most friendly to corporations

From the Delaware website:
These are some very good reasons to incorporate in Delaware:

* Different kinds of business can be transacted under one corporate roof.
* Shareholders can act in writing instead of holding meetings.
* You can add people to the board who are not shareholders.
* Corporate records need not be kept in Delaware.
* One person can act as the only officer, director and shareholder of a corporation.
* No Delaware income tax is charged to companies that do not do business in Delaware.
* Delaware has no sales or personal property tax.
* Low franchise tax, $60.00 in many cases. $200.00 for L.L.C.’s

you can form a corporation, partnership or LLC in any state you desire. LLC’s pass all profits or losses to the ownership who then declare this on their personal tax return which is governed by the state inwhich you have residence. another aspect is that the state inwhich you for the entity will be where any legal issues will be filed. there may be some logistic considerations if you have to travel to handle legal issues.