The confirmation came from the Steam support staff earlier this month when Resetera forum user delete12345 asked Steam support if he can put his Steam library in...
Tldr: Don’t do this unless you have a business that requires a steam account for tax purposes. It doesn’t need to be successful but it does need to be real.
Trusts are probably a better option for this sort of thing than a LLC.
There’s at least 10 states with no annual fee. Arizona is $50 to file, $0 annual fees, and no annual report to file.
If you’d prefer your company to have voting rights, you can file in Rhode Island, and your company can vote in local and state elections without ever stepping foot in the state. Hooray late stage capitalism 😞
I kind of want one anyway. Is there a real reason I shouldn’t do this?
Tldr: Don’t do this unless you have a business that requires a steam account for tax purposes. It doesn’t need to be successful but it does need to be real.
Trusts are probably a better option for this sort of thing than a LLC.
Disclaimer this was a joke I’m not a lawyer and I have no idea if this would actually work… 😆
Would be hilarious if it actually does and everyone starts doing it…
I am now curious how and if Steam bothers to deal with business licensing? If they do, it’s probably way pricier than what you’re normally paying.
You normally pay an annual fee to keep your LLC registered.
There’s at least 10 states with no annual fee. Arizona is $50 to file, $0 annual fees, and no annual report to file.
If you’d prefer your company to have voting rights, you can file in Rhode Island, and your company can vote in local and state elections without ever stepping foot in the state. Hooray late stage capitalism 😞
Personal use of business assets is generally frowned upon by the IRS.
That’s why I’ll only play during work hours.