Questions for banned-state Amazon affiliates who have set up Corp./LLC in another state?
I am looking at Wyoming; since they have no Sales Tax on certain goods, hopefully they won't be passing a Nexus law in the near future.
I have found a range of services in Wyoming that do Corp./LLC setup, from very basic service with Setup + providing a Registered Agent, to a complete setup with everything including mail forwarding and bank account setup. Of course, the prices rise accordingly, the more services they provide. For a basic setup + reg. agent, price is usually about $130-$200. For "the works", from $520 to $899.
I am having some difficulty locating any agency/person who will act as a Registered Agent only. It is always part of a package deal, large or small.
I would like to hear from other Amazon affiliates who have set up their Corp./LLC in another state, and find out what their experience was like, what pitfalls were encountered, etc. I have the following questions, but feel free to chime in with any other relevant details I might not have thought about.
- Did you set up your new Corporation (or LLC) yourself, or did you hire an agency to do all or part of the work? If you did use an agency for all/part, were they satisfactory?
- Is there anything that you would do differently the next time?
- Did you acquire a bank account in the new state or use a bank in the state where you live? Was if difficult to open a bank acct. in the new state? What was required?
- After setting up in the new state, how did you handle it with Amazon? Did you just go into your account and change your address to your new corp. address, or did you apply for a brand new affiliate account?
- Did Amazon request any corroborating evidence of your residence, such as Driver's License, utility bill, bank statement, etc.?
Any experiences and insight you can share would be greatly appreciated.
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