Sorry for the wall of text. I keep seeing people debate Delaware vs Wyoming for LLCs. I'm launching a SaaS product and want to incorporate properly.
Delaware seems like teh "default" choice but Wyoming keeps getting mentioned as a privacy haven with lower fees. What's the real story here? Does it even matter if I'm just a solo founder?
Three things I wish I knew before my dispute: (1) Save copies of all communications in multiple places, (2) Send important correspondence via certified mail with return receipt, (3) Keep a detailed timeline of events. These three things won my case honestly.
Something I wish I knew earlier: you don't need an EIN to open a business bank account for a single-member LLC. Your SSN works. But getting an EIN is free and keeps your SSN off more documents.