Need advice for forming a LLC in Nevada or Wyoming

[Sunil Sharma]

Hello All,

I am in the process of creating a LLC and wanted to know where should I establish the LLC; in Nevada or Wyoming. What are some of the pros and cons? Our Scenario: We are planning to do business in IL and TX so we know we have foreign file the business in IL and Texas; however, in order to save our personal assets we were informed to open LLC in states that are pro business. What are your thoughts?