​Steps I’m taking to stay anonymous with LLCs

I did some extensive research and came to a conclusion that even with the new FinCEN BOI requirements, it is still possible to stay anonymous by opening the LLC in a state with enhanced privacy protection and structuring the LLC in a specific way. FinCEN BOI does not open up your information to the public. It is more of a redundant administrative task providing the government with your personal information they already have. So, technically, nothing really changed and people are just over-reacting.

This is how I’m going to keep my LLC Anonymous:

I’m going to incorporate a Holdings LLC in an enhanced privacy protection state, which in my case will be Wyoming. There are other enhanced privacy protection states such as Delaware, Nevada and New Mexico so do your diligence on which state offers the best LLC for your needs. For the Wyoming Holdings LLC, I will be using a registered agent as well as a virtual office address, and have an LLC incorporating service take care of all of the setup work such as articles of organization, EIN, etc. I could save a few bucks incorporating the business myself, but that would prevent me from staying in the shadows. The only way to stay anonymous is to have your entire LLC incorporating process be handled by a third party. Extra barrier of protection you can apply here is the “attorney client privilege” which can be done so by getting your LLC incorporated by an attorney. One of the popular LLC services with attorney client privilege that gets mentioned on here often is wyomingllcattorney, but I honestly feel like attorney client privilege isn’t something I absolutely need so I’m considering other options such as Bizee, Northwest, etc. After my Wyoming Holdings LLC is incorporated, I will open up 2 LLCs in the state I’m doing business in, and I will register the Wyoming Holdings LLC as the owner. I am opening up 2 operating LLCs due to the needs of my business, but most will likely be fine just making 1 operating LLC under the holdings LLC.

Once I set up my LLCs this way, I should have a perfectly adequate privacy protection and be able to do business without my identity as the owner being exposed to the public.

I am not an attorney nor a tax consultant, just a fellow entrepreneur, and the above information may or may not be accurate. The above information is not an advice.