• October 2018
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Can a Delaware LLC hide the shareholders’ names? How is it compared to offshore companies, like Belize, in this regard?

First, shareholders in a limited liability company (LLC) are actually called members. Importantly, in Delaware, members of an LLC can remain anonymous. Several other states — such as New Mexico, Wyoming and Nevada — also don’t require public disclosure of a company’s owners. It’s important to note that some banks will require identification in order to open a business account. Alternatively, they’ll require a federal employer identification number (EIN), the application of which requires the name of the individual whom set up the LLC.

If anonymity is a concern of yours then check out LawTrades. Our legal platform makes it easy for business owners to seek legal clarification and guidance from top startup attorneys.

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