Question 1

How much does LLC formation cost?

Accepted Answer

LLC formation costs include state filing fees (varies by state from $50-$500) plus our $149 professional service fee. For example, Delaware LLC formation costs $90 state fee + $149 service fee = $239 total.

Question 2

How long does business formation take?

Accepted Answer

Business formation typically takes 5-15 business days depending on the state. Some states like Delaware process quickly (5-7 days) while others may take 2-3 weeks. We offer expedited services for urgent needs.

Question 3

What's the difference between LLC and Corporation?

Accepted Answer

LLCs offer simple management structure and pass-through taxation, ideal for small businesses. Corporations have more complex structure but allow stock issuance and may offer tax advantages for larger businesses.

Question 4

Do I need a registered agent?

Accepted Answer

Yes, most states require a registered agent - a person or company authorized to receive legal documents on behalf of your business. We can provide registered agent services if needed.

Question 5

What state should I form my business in?

Accepted Answer

Most small businesses should form in their home state where they operate. Delaware is popular for corporations seeking investor funding. Nevada offers privacy benefits. We can help you choose the best state for your needs.

Question 6

What documents do I receive after formation?

Accepted Answer

You'll receive: Certificate of Formation from the state, Operating Agreement (LLC) or Bylaws (Corporation), EIN confirmation, and organizational documents. We handle all paperwork and filing requirements.

Question 7

Should I form an LLC or S Corporation for my small business?

Accepted Answer

LLCs are simpler with fewer compliance requirements and flexible profit distribution. S Corporations offer potential payroll tax savings but require salary payments to owner-employees and have stricter compliance rules. Most small businesses benefit from LLC formation.

Question 8

What are the cheapest states to form an LLC in 2025?

Accepted Answer

The cheapest states for LLC formation are: Kentucky ($40), Arkansas ($45), Mississippi ($50), Alabama ($50), and Missouri ($50). However, consider ongoing costs like annual fees - some low-cost states have higher recurring fees.

Question 9

Can I form an LLC if I'm not a US citizen?

Accepted Answer

Yes, non-US citizens can form LLCs in any US state. You don't need to be a resident or citizen. You'll need an EIN from the IRS and may need additional tax filings. Some states require a registered agent with a US address.

Question 10

How do I get an EIN for my new LLC?

Accepted Answer

Apply for an EIN (Employer Identification Number) through the IRS website, by mail, or phone. It's free directly from the IRS and typically issued immediately online. You'll need your LLC formation documents. We can handle EIN application as part of our formation service.

Question 11

What's the difference between C Corp and S Corp election?

Accepted Answer

C Corporations face double taxation (corporate and dividend taxes) but offer more flexibility. S Corporations have pass-through taxation like LLCs but with restrictions on ownership and profit distribution. S Corp is actually a tax election, not a separate entity type.

Question 12

Do I need an operating agreement for my LLC?

Accepted Answer

While not required in all states, an operating agreement is strongly recommended. It defines ownership percentages, management structure, profit distribution, and member rights. It also helps maintain limited liability protection and prevents disputes.

Question 13

Can I change my business name after formation?

Accepted Answer

Yes, you can change your business name by filing an amendment with your state (typically $100-200 fee). You'll also need to update your EIN records, bank accounts, contracts, and business licenses. Some states allow DBA (doing business as) names for easier name changes.

Question 14

What's the best state for online business LLC formation?

Accepted Answer

For online businesses, consider your home state first for simplicity. Delaware offers strong legal protections, Wyoming has low fees and privacy, Nevada has no corporate income tax. The best choice depends on your business needs, not just formation costs.

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