Question of the Day: Does each LLC require an address for the state they reside in? What if the LLCs are in different states? For example, a holding company in New Mexico and child LLC in Florida. Can the New Mexico physical address be used for the Florida LLC?

Check with the state where the LLC is being formed to determine whether the company must have a local address. Even if you’re not required to have a local address for the business, you’re likely required to have statutory agent located in the state where the LLC is being formed. Additionally, if you’re required to list the owners of the LLC, they’re not likely required to have a local address. I’ve helped companies create entities in Arizona where the owners did not live in Arizona or even the United States.

If legal questions were easy, we wouldn’t need lawyers.

More helpful information available here:
Does Each LLC Need a Separate Address:    • Does Each LLC Need a Separate Address...  
Owning Multiple Business Separate LLCs or 1 LLCs and DBAs:    • Owning Multiple Businesses: Separate ...  
Choosing a Business Entity: http://bit.ly/2YAlYwy
10 Legal Commandments of Entrepreneurship: http://bit.ly/2r6FGRb

Ruth Carter is an attorney at Venjuris Law Firm in Phoenix, Arizona – a firm that focuses on business, intellectual property, and internet/social media law. They are also a professional speaker, blogger, and author through Carter Law Firm.

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The Legal Side of Blogging: How Not to get Sued, Fired, Arrested, or Killed: http://amzn.to/1FpqUE2
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Disclaimer: This video does not constitute legal advice. Watching this video does not create an attorneyclient relationship with any viewer. If you need personalized legal advice, hire an attorney.