Enjoy personal privacy, state tax exemption, federal no tax, and a naturally built-in defense against lawfare by American Samoas remote location in the Pacific Ocean.
A limited liability company is a business structure that offers liability protection to its members. An LLC has many benefits but its primary advantage is the fact that it protects its members from liability and also offers unique tax benefits.
These benefits create more opportunities for the owners given that their personal assets including bank accounts, homes, cars and other valuable items cannot be considered company assets in case the business goes bankrupt. Despite the numerous advantages, the process of obtaining an LLC in most states is fairly challenging and time-consuming.
LLCs offer the advantage of protecting your personal assets from being used to pay off business debts.
Another advantage of an LLC is that it offers flexibility when it comes to management.
LLC owners can choose to be taxed as a sole proprietor, partnership, or corporation.
American Samoa is almost 5,000 miles away from the U.S. mainland. Thanks to the Internet, though, you do not have to be there to start opening an LLC in American Samoa. With a population of only 55,000 people, any economic activity directed there will have a disproportionately high benefit to the local economy.
With easy and inexpensive registration, personal asset protection, and privacy for the identities of you and your business partners, the choice is clear: American Samoa is the best place for making an LLC today.
In the past, many LLC business owners have had the chance to start a LLC business in American Samoa, and the result has been impressive. The hallmark aspect that stands out in American Samoa from other states is that it offers a streamlined approach to form an LLC for business owners. It means there is no need to follow traditional practices, channels, and portals to make an LLC.
The first step toward establishing an LLC is to decide on a business name. Your business name can be anything you feel will help push your business to the top.
To form an LLC, you are obliged to have a registered agent, whose role is to receive official and legal documents on behalf of the LLC before passing them on to the person in charge of the LLC.
An Article of Organization is simply a document with the state agency that outlines the initial statement required to form an LLC. While this document is called an Article of Organization in some states, it is known as a certificate of information in other states.
After preparing your Article of Organization, you will have to review it carefully before submitting it to your state. Once your formation documents are reviewed and approved, you will then be issued a certificate, indicating that your LLC is formally registered.
An operating agreement is a document with details about all the rights of the members of the LLC, from their financial to legal and managerial rights.
American Samoa is an unincorporated territory of the United States and is considered an organized, unincorporated territory. It is under the sovereignty of the United States government and is administered by the Office of Insular Affairs, an agency within the U.S. Department of the Interior. American Samoa is not a state but is an integral part of the United States.
American Samoa allows both U.S. citizens and non-U.S. citizens to open a Limited Liability Company (LLC) in the territory. The requirements and procedures for opening an LLC in American Samoa are generally the same for both U.S. and non-U.S. citizens. However, it is advisable to consult with a legal professional or business advisor familiar with American Samoa’s regulations and specific requirements to ensure compliance with all necessary steps and documentation.
An Anonymous LLC, also known as a Confidential LLC or a Silent LLC, is a limited liability company that has taken steps to protect the identity of its owners or members. In a traditional LLC, the owners’ identities are usually disclosed in the formation documents and are publicly available in the state’s records.
1 Year Option | 2 Year Option | 3 Year Option | |
Registration / Processing Fee Only | Prepay first year report filing fee at 1/2 price | Prepay 2 years of report filing fees at 1/2 price | |
Registration Fee | $100 | $100 | $100 |
Processing Fee (non-refundable) | $50 | $50 | $50 |
Report Filing Fee | $25 | $50 | |
Total | $150 | $175 | $200 |
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