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Legalzoom Start Your Business Form Your Llc Or Inc
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Legalzoom Start Your Business Form Your Llc Or Inc
Fora Financial blog small business Starting An LLC LegalZoom Or The Do It Yourself Method Jan 24 2020 When starting an LLC via LegalZoom or other means you 39 ll need to file documentation in the state that your business will be operated in All states have their own sets
Fit Small Business legalzoom llc How To Set up an LLC With LegalZoom Step by Step Choose An LLC Name Confirm It S Available Define The Purpose of Your LLC Indicate Whether You Ll Hire Employees Identify A Registered Agent Choose Recommended LLC Documents Choose Additional Business Services Select An LLC Package and Pay Provide Final Details About Your Business Pros Cons of Using LegalZoom to Form An LLC Bottom Line The first step to set up your LLC with LegalZoom is to enter your desired business name If the name is available you ll be able to continue with your LLC registration If it isn t available you will need to enter another business name Here are requirements you ll typically need to adhere to when naming your business 1 Be unique Your LLC s name shouldn t be similar to an existing LLC in your state 2 Don t confuse customers Do not give your LLC a name similar to a competitor s with the intent of confusing the public and trying to get their customers 3 Avoid restricted terms Your LLC name should not include restricted words like bank or insurance Check your Secretary of State s website for a list of restricted words See full list on fitsmallbusiness com Once you receive the great news that your business name is available you ll be prompted to answer a few questions when you expect to start your business Is this your first LLC And what industry your business is in LegalZoom asks these questions to provide you with more relevant information and services throughout the process for your particular business See full list on fitsmallbusiness com This question is for LegalZoom to learn more about your business and provide additional services It will not affect your LLC See full list on fitsmallbusiness com The next question you ll answer is who you should choose as your Registered Agent RA A registered agent is your business s official contact for legal and state documents You could choose yourself as your own RA However if you do so you or an employee must be available Monday thru Friday from 8 a m to 5 p m to receive a legal document such as a summons or subpoena If you re not available during this time you could lose your LLC status with the state If you won t be available or you would like LegalZoom to handle this for you consider using the company as your Registered Agent For many business owners having an outside RA gives them peace of mind that they won t miss any necessary business documents The cost to have LegalZoom act as your Registered Agent is 249 per year See full list on fitsmallbusiness com The Essential Documents portion of the LegalZoom LLC sign up process comprises three components Operating Agreement employer identification number EIN and business licenses Here s a further breakdown of the Essential Documents LegalZoom is offering See full list on fitsmallbusiness com Before selecting your LLC pricing package the last step is to review LegalZoom s additional business services Smart Employer and Total Compliance If you said earlier in the registration process that you won t have employees you likely wouldn t see the Smart Employer services See full list on fitsmallbusiness com The LegalZoom LLC cost varies depending on how fast you d like your documents filed and your stats filing fee The state filing fee ranges from 40 in Kentucky to 500 in Massachusetts If you re already in business and have customers you likely want an expedited filing to get your personal assets protected as soon as possible If you haven t started your business and can wait for your filing choose the Economy package See full list on fitsmallbusiness com Once your pricing package is selected you ll need to provide the final details required to set up your LLC The information required varies across states but generally it s your personal and business information Additionally LegalZoom will ask you to provide a payment method Information LegalZoom will request after you select a package includes 1 Business address Provide the address of your primary place of business If there are state specific requirements LegalZoom will list them 2 Whether you re a licensed professional If you re a licensed professional in a field like medicine law accounting or architecture you ll need to form a Professional LLC 3 End of your fiscal year Choose a date on which your fiscal year will end Generally this is Dec 31 However if your business receives a large portion of its revenue at a specific time of year another date may be appropriate 4 Dissolution date If you have a short term business such as one formed for a specific ev See full list on fitsmallbusiness com LegalZoom is an excellent tool for forming an LLC but it isn t the best choice for every small business Though LegalZoom can save you time and money the process may still be confusing and it can t replace an experienced attorney See full list on fitsmallbusiness com To set up an LLC you ll need to understand state specific requirements tax obligations and other complicated issues like management structure and licensing You can register your business yourself but the process is time consuming and confusing Save money on potential legal fees by forming a LegalZoom LLC in about 15 minutes for 79 to 359 plus filing fees See full list on fitsmallbusiness com
Steps to Starting a Business legal zoom llc formation A Review of LegalZoom 39 s LLC Formation Services for 2024 Inc Authority base offering allows you to form your LLC for free so you only pay state filing fees Here s how the 2 stack up against each other Inc Authority is the
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Forbes advisor business Best Washington LLC Services in 2024 Forbes Advisor 15 hours ago Find the best services to form your Washington LLC efficiently Along with many other LLC services LegalZoom offers a free LLC formation plan where you only pay the