How does a US Citizen living in Europe register an US based LLC from Europe?

I am a US citizen currently living in Poland (EU state) and would like to register a US based LLC from here.

Is this possible? If so:

1. How?
2. How much is the cost?
3. What are the positives & negatives?

I ask because I thought one had to be there in person to sign the documents. Also I heard there are services that can do this for you via mail/online.

This is absolutely possible.

I've setup companies in other countries remotely and I've setup companies in the US in person and remotely. All you need to do to register a company is to file the proper paperwork. If you want to create a LLC or other limited structure then just draw up your articles of incorporation and send them off. The issue is that most states (perhaps all) require a registered agent who has a physical address in that state. I believe there are firms which will act as your registered agent for you. This is so the state can send you official notices and things like that. Fail to file a simple annual report with your state or registration and they'll shut down your company. So, its important but trivial stuff.

If you have a little money (should not be much, maybe $1,000 - $2,000) hire an attorney to do this for you. Most of them have the process quite automated.

You might need to give a power of attorney but better to give this to a licensed profession rather than someone who has nothing to lose from abusing the power you are giving them.