How to form a LLC

There are so many things to question when starting a new business or restructuring a current business. Which papers need to be filed? Where do they get filed? How do you fill them out? Have they been filled out correctly? That is where we can help. At Incorporate Fast, we can offer these services to you at a reasonable price so you can concentrate on important aspects of your business.

What you will need to do:

• Select a name for your LLC. It is wise to think of a second name, just in case the first is unavailable.
• Determine member names and titles
• Determine business address.
• Determine registered agent information. (Note: A registered agent is usually only necessary if you do not reside in the state in which you will be forming your LLC).
• Create an Operating Agreement.

After you have determined the above information you are ready to place your order. At Incorporate fast ordering is easy! Once we receive your order we will:

• Check name availability.
• Prepare Articles of Organization for your new company.
• Submit articles to the Secretary of State or Division of Corporations.
• Notify you when you have been approved.

After we receive your order, a confirmation email will be sent to you. We will then contact you within 1-2 business days via email so that you can download necessary forms in which your signature will be required and we will take care of the rest! After we receive these forms from you, we will then take care of the rest! We will keep you posted every step of the way via regular email updates.

At Incorporate Fast we take the guess work out of how to form an LLC!

Common Questions regarding Forming an LLC

What is an LLC?

A Limited Liability Company, or LLC, is a separate legal entity but not a separate taxable entity. Essentially a LLC combines the advantage of limited liability as with a corporation, and pass through taxation as with a partnership.

What are the advantages?

There are many advantages to forming an LLC. The main advantage is an LLC protects its owners from business debt as they will have “limited liability”. Because an LLC is not a separate “taxable” entity, the threat of double taxation is removed.

If you are operating as a sole proprietor, or as a partnership, nearly everything you own can be at risk in settling business debts or lawsuits against your business.

What are Articles of Organization?

Articles of Organization act as a charter, or declaration, which simply establishes the existence of your business in your state. They usually include such basic information as the name of the business, the owner, other directing parties if any, managers, etc.

How many people are required in order to form an LLC?

One. The IRS allows one person to form an LLC in order to qualify for pass through taxation.

What is an operating agreement?

An operating agreement specifies the rights and responsibilities of any and all LLC members. Your order will come with a CD which will have a sample Operating Agreement.