- February 21, 2024
- All About LLCs
Anonymity is often a big part of LLC asset protection strategy. Some states enable it while others do not. What is important to know is that you can file in an anonymous state and then blow your cover.
To keep your LLC anonymous, you can take the following steps:
Anonymous State
Choose a state that allows anonymous LLCs. Only four states in the US allow anonymous LLCs: Delaware, Nevada, New Mexico, and Wyoming.
Registered Agent Service
Use a registered agent service. A registered agent is a person or business that receives legal documents on behalf of your LLC. You can use a registered agent service to keep your personal information private.
Nominee Manager
Use a nominee manager. A nominee manager is a person who is listed as the manager of your LLC on public records. This can help to keep your identity hidden.
Business Address
Use a business address instead of your home address. When you file your LLC paperwork, you will need to provide a business address. You can use a virtual mailbox service to create a business address without revealing your home address.
Don’t Share Information Online
Be careful about what information you share online. When you create a website or social media presence for your LLC, be careful about what information you share. Avoid sharing your personal information, such as your home address or phone number.
Bank Account/Credit Card
Use a business bank account and credit card. This will help to keep your personal finances separate from your LLC’s finances.
Contracts Disclosures
Be careful about who you sign contracts with. Read all contracts carefully before signing them. Make sure that the contracts do not require you to disclose your personal information.
Business Licenses
Be careful about what information you give to government agencies. When you file your LLC paperwork or apply for business licenses, only provide the information that is required by law.
All you need is one slip up and your identity could become public. If you want to be anonymous, you need to be careful!
Note:
Information provided here is for general knowledge only, consult a lawyer or CPA in your state for specific legal advice.
Tzvi Weiser is an LLC specialist with a rich business background, serving in executive positions in real estate, hi-tech and international marketing. He was a New York lawyer and has an MBA and accounting degree.