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Where should I form my LLC?

I am going to be starting a software startup online and I don’t plan on selling any physical goods. I am considering registering outside of my home state of Illinois mainly because of a $500 filing fee. If I formed an LLC in a different state, what would be the catch, would I have to register in my home state too, or is it just in the state I chose to register in?

Thanks a lot!

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