develop an llc is a question that has been asked and answered for years. The truth of the matter is that the answer may vary from one state to the next, depending on the laws of the individual states. As a general rule, most new businesses will be required to register a corporation first and then establish an LLC in the simplest way possible.
Many people have mistakenly believed that they can skip the formalities and formation process all together by contacting an attorney to handle the formation process. While an attorney may be able to help you with this, it is important to understand that you will need to pay a high cost to retain this professional service. In many instances, the attorney will charge you at least $500 for the hour of his time he spends helping you set up your new business. This fee will be added to the costs of any legal fees that you may incur in the formation process.
On top of the expense, many attorneys do not offer this same level of customer service if they do not offer it. It is vital that you find a legal firm that provides a personal level of service when working with new LLCs. There are many legal services available today that provide virtually instant answers to how to get an llc set up. One of these services is provided by LegalZoom.
How to Get an LLC
LegalZoom offers a simple way of understanding how to set up an LLC. The online resource takes you through the simple steps of setting up an LLC, from filling out the form for formation to filing the appropriate paperwork with the state. In addition, this web site provides valuable information on how to avoid some of the common pitfalls associated with starting up an LLC. By reading this helpful lesson, you will be armed with the knowledge necessary to successfully complete the formation process and establish an LLC.
One of the first things you must complete is to file your articles of organization with the appropriate state and county. In some cases, you may need additional licenses or permits. These documents can be easily found via the state business registry or through your county clerk's office. Once you have the articles of organization completed and filed, you are ready to begin your search for an LLC business name. LLCs must complete a notice of examination with the secretary of state and submit standard fees to obtain their businesses licenses.
Every LLC business license holder is required to pay a filing fee. This may also be determined by the filing status of your business name. The filing fees are typically based on the number of licenses held, but may also vary depending on the location of the filing and the office conducting the request. Online filings are often free and expedited, but any attorney who does not appear in person cannot guarantee you of lower filing fees.
If you own multiple companies or employee stock, you will need to file an Employer Identification Number or EIN. The EIN is not required for most small businesses, but for those that do it helps verify information about your employees and ownership in your business. EIN information is available from the federal tax agency, by visiting their website, or by contacting the local tax office. The IRS will process your application after receiving your EIN.
You should be aware that when you file your Articles of Organization, each of the corporations or LLCs you own must complete and sign a separate document that completes the entire formation process. This includes your statement of purpose, which is the first part of forming an LLC. Your Statement of Organization should be filed with your federal tax return. Your complete documents and instructions for completing the forms on how to get an llc Arizona should be provided to the state business license bureau when you file.
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