If I still have to register in my home state, What's the point of a Delaware LLC?
I’ve heard that Delaware is the go to state for forming an LLC because of business friendly laws, privacy, and a more established legal system.
But I am confused how that helps the average small business owner.
For example, if someone lives and operates entirely in California, Texas, Florida, or anywhere else, it seems like they would still need to register there as a foreign entity and comply with that state anyway.
If that is true, then it sounds like you are just adding another layer of paperwork, fees, and annual filings on top of your home state obligations.
So what is the actual advantage?
Is a Delaware LLC mainly useful for larger companies, investors, and multi-state operations? Or are there real reasons a normal small business owner would benefit from it too?
For those who chose Delaware while operating elsewhere, did it create real value or mostly extra complexity?