LLC BUSINESS FORMATION
Limited Liability Company (LLC) - An LLC is a great way to start a new company. Incorporating your business this way protects your personal assets and gives your business legitimacy.
There are several advantages to creating an LLC, but here are a few that stand out.
​
· Pass-through taxes. There's no need to file a corporate tax return. LLC owners report their share of profit and loss on their individual tax returns, meaning you avoid double taxation.
· No residency requirement. Those who an LLC need not be U.S. citizens or permanent residents.
· Legal protection. Creating an LLC gives you limited liability for business debts and obligations.
· Enhanced credibility. Partners, suppliers, and lenders may look more favorably on your business when it's an LLC.
​
How to Create an LLC (Limited Liability Company):
1. Choose your name and reserve it with the Secretary of State
2. Draft and file your Articles of Incorporation with your Secretary of State.
3. Decide who will run the business (managers or members).
4. Decide how many owners will be part of the LLC.
5. Apply for a business license and other certificates specific to your industry.
6. File Form SS-4 or apply online at the Internal Revenue Service website to obtain an Employer Identification Number (EIN).
7. Apply for any other ID numbers required by state and local government agencies. Requirements vary from one jurisdiction to another, but generally your business most likely will be required to pay unemployment, disability, and other payroll taxes – you will need tax ID numbers for those accounts in addition to your EIN.
Certainly, it is possible for you to register your business as an LLC or a corporation on your own. But sometimes it can take a little digging to figure out what forms to fill out and what to pay. Working with an attorney that’s experienced in this field ensures you get it done right the first time.
LLC Formation package- $250 + state fees
What’s included:
· Register business name with the Secretary of State
· Draft and file your Articles of Incorporation with your Secretary of State
· Draft company Operating Agreement
· Obtain Employer Identification Number (EIN)
Our firm will save you time, which is critical in the business startup phase. And while you’ll pay a little for these services, becoming an LLC or corporation could save you on your income taxes.
-
WHAT IS A TRADEMARK "CLASS" AND HOW MANY DO I NEED?"A "class" is a category of goods or services that you want to protect your trademark for. Different goods and services fall under different classes; and similar goods and services may fall under the same class. One class is included in my trademark package. If you need more than one class, there is an additional filing fee of $350 for each additional class.
-
WHAT IF MY APPLICATION GETS REJECTED?We cannot guarantee that your application will be approved. If there are any significant roadblocks during the process, we will give you our recommended next steps and options. If we’re not successful in getting your trademark registered, your next one is 100% on us (including filing fees).
-
WHAT DOES A TRADEMARK GIVE ME THAT I DON’T ALREADY HAVE?Only with a U.S. registered trademark do you have strong evidence of nationwide exclusive rights to your trademark. And without that, you’re taking a huge risk that someone else can start using your brand for the same products/services and force you to rebrand.
-
WHAT IS A TRADEMARK SEARCH?You need to know if your name, slogan and/or logo is actually available before you file a trademark application. We conduct a comprehensive search of existing and pending state trademarks, USPTO federal trademarks and common law uses of your proposed trademark. An analysis of the results is highly recommended to ensure that you are not infringing upon someone else’s trademark or common law rights.
-
ARE FILING FEES INCLUDED?Yes. Applying for a trademark registration requires a filing fee per class (or category of goods/services). Our packages include filing fees for one class. Filing fees for any extra classes will be collected from you before we submit the application
-
HOW LONG WILL THIS TAKE?When you sign up, we will immediately begin our comprehensive search and have your application submitted in 1-2 weeks. After we apply, however, it could take 6-12 months or longer to work its way through the US trademark office.
-
Can I still do business in other states?Yes. Depending on the type of business you want to do and whether you wish to have premises there, you may also need to register your business elsewhere; we can advise you on that after your initial LLC is filed. For now, we'd suggest selecting the state you will mainly operate in and consider additional states after the filing process.
-
Which state should I select for my business?Choosing the right state in which to form your business should be fairly straightforward. The vast majority of people simply select their local state. If you have a physical address for your business, including a home office of some kind, in your state and you expect to do most of your business in your local state then typically you will choose that option.
-
Why might I pick a different State to my home?If you plan to operate/locate mainly in a different state, then it might make sense to select that one. Also, some people choose to form their business in a different state for specific reasons. For example, Delaware is sometimes chosen as it can have advantages for certain types of business. If you are unsure, we suggest selecting your local state for now and, after completing your order, we can discuss further.
-
What Can I Copyright?· Directories or catalogs, advertising copy · Computer programs · Website or online materials · Photograph · Computer programs · Artwork · Maps · Written work such as fiction, nonfiction, poetry, textbooks, reference works or articles · Technical Drawings · Recorded performance of music or sound · Written music & Lyrics · Screenplay or Script · A Choreographic work · A recorded score for a movie or play · Feature film or documentary film · Animated film, television show, video, or other Audio-Visual Work
-
Am I required to pay a government fee?Yes. After we have prepared your application, you will be required to pay a government fee to the U.S. Copyright office.
-
How long will it take for my order to be processed?Normal processing time is 5 business days.
-
Why Copyright Your Work?We live in an online copy and paste world. To protect your work (drawing, pictures, book, article, software program, website, or other creation) you should file it with the U.S. Copyright office. To sue someone for infringement, you have to register the work. Registering soon after you create your work can preserve your right to statutory damages and attorneys' fees if you have to go to court.