American Samoa is the perfect place to start an LLC in today’s interconnected world. An LLC, or limited liability company, is a business structure that limits the liability of its owners in the event of a business slowdown or failure. Creditors cannot come after your assets to satisfy debts incurred by the LLC.
The Samoan Island are located around 2,500 miles southwest of Hawaii, and the first island of American Samoa to become a territory of the United States was Tutuila in 1900. One of the benefits of starting an LLC in American Samoa is that you are not required to file state taxes. American Samoa is not a state, but a territory, and residents are considered US nationals but do not qualify for citizenship. This arrangement was established at the request of the local government of American Samoa to protect their local culture and historic method of transferring local real estate ownership via tribal titles and ancestry. A Utah judge ruled in 2019 that people born in American Samoa should be given United States citizenship. This historic court ruling was later overturned by the 10th Circuit of appeals.
Another benefit is that, since American Samoa only has non-voting representation in Congress, income earned in American Samoa is excluded from State tax. This is a great way to take advantage of the longstanding American legal principle of no taxation without representation. The American Samoa island remote location in the Pacific Ocean provides a natural defense against misuse of the law. Filing a lawsuit against an LLC based in American Samoa will require the other attorney to make a court appearance in front of a judge in a court in American Samoan. The airfare alone will cost thousands of dollars, on top of court fees, making it a less attractive option for unscrupulous lawyers who file fraudulent lawsuits on behalf of clients suing in bad faith.
With all these benefits, it is no wonder why American Samoa is the best place to form an LLC in the USA today. The American Samoa LLC offers personal privacy, state tax exemption (0% state tax), and a naturally built-in defense against lawfare. Start an LLC in American Samoa, USA from your phone, tablet, or PC.
Go to the official government website at https://llc.as.gov to file your documentation and create your American Samoa LLC today. Do not hesitate – to take advantage of the unique benefits of forming an LLC in American Samoa and make your LLC today!