Best way to set up LLC - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Platform Discussions > PayPal Talk

PayPal Talk PayPal Forums. General issues related to PayPal.

Reply
 
Thread Tools
  #1  
Old 05-07-2016
Junior Member
 
Join Date: Feb 2015
Posts: 219
Thanks: 4
Thanked 15 Times in 14 Posts
Activity: 0%
Longevity: 53%
iTrader: (0)
Default Best way to set up LLC

With setting up a LLC, where is most setting up LLC's at? I looked at quickcorp setting up in Wyoming. Im looking for a low cost way to setup. Quick corp charge $139

Im going to open a business account at Bank of America. They need Business tax ID , is that the EIN?

Last edited by golferman; 05-07-2016 at 02:37 AM.
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 05-07-2016
Senior Member
 
Join Date: Jan 2013
Posts: 2,821
Thanks: 1,325
Thanked 912 Times in 562 Posts
Activity: 0%
Longevity: 65%
iTrader: (337)
Default Re: Best way to set up LLC

https://www.incfile.com/ - one option

Some banks will require EIN + articles of organization with your name on the papers. Some banks just require the EIN + proof of articles of organization
Reply With Quote
  #3  
Old 05-07-2016
phaz0rz's Avatar
Executive [VIP]
 
Join Date: Nov 2015
Posts: 10,832
Thanks: 2,076
Thanked 4,022 Times in 3,010 Posts
Activity: 0%
Longevity: 48%
iTrader: (2)
Send a message via ICQ to phaz0rz Send a message via AIM to phaz0rz Send a message via Yahoo to phaz0rz
Default Re: Best way to set up LLC

It's $110 in my state to incorporate, and I don't use any 3rd party. I obtain an EIN from irs.gov, then go to the business one-stop website for my state to file articles of incorporation.

Easy peasy...
Reply With Quote
  #4  
Old 05-07-2016
Junior Member
Threadstarter  
 
Join Date: Feb 2015
Posts: 219
Thanks: 4
Thanked 15 Times in 14 Posts
Activity: 0%
Longevity: 53%
iTrader: (0)
Default Re: Best way to set up LLC

Quote:
Originally Posted by elmo View Post
https://www.incfile.com/ - one option

Some banks will require EIN + articles of organization with your name on the papers. Some banks just require the EIN + proof of articles of organization
So the basic silver plan for $49 will work?
Reply With Quote
  #5  
Old 05-08-2016
Senior Member
 
Join Date: May 2016
Posts: 80
Thanks: 3
Thanked 1 Time in 1 Post
Activity: 0%
Longevity: 46%
iTrader: (0)
Default Re: Best way to set up LLC

Quote:
Originally Posted by phaz0rz View Post
It's $110 in my state to incorporate, and I don't use any 3rd party. I obtain an EIN from irs.gov, then go to the business one-stop website for my state to file articles of incorporation.

Easy peasy...
How do you do that? Whats one-stop business website? Can you teach step by step please?
Reply With Quote
  #6  
Old 05-08-2016
phaz0rz's Avatar
Executive [VIP]
 
Join Date: Nov 2015
Posts: 10,832
Thanks: 2,076
Thanked 4,022 Times in 3,010 Posts
Activity: 0%
Longevity: 48%
iTrader: (2)
Send a message via ICQ to phaz0rz Send a message via AIM to phaz0rz Send a message via Yahoo to phaz0rz
Default Re: Best way to set up LLC

Quote:
Originally Posted by 247buy View Post
How do you do that? Whats one-stop business website? Can you teach step by step please?
Sure, for $500.00.

No but really though, it's really simple. A "Business one-stop" website it set up by individual states to allow for online registration of new businesses. On one of the one-stop sites you can do anything from register your business, to file for a retail license.

I don't know what state you are in, and I'm not particularly comfortable sharing my location, but here are some examples of business one-stop sites for various states.

Business One Stop - Lifecycles | NH Business One Stop

https://onestop.delaware.gov/osbrlpublic/

Ohio.gov | Business | Starting a Business

https://secure.utah.gov/account/log-in.html

Business One Stop

https://nvsilverflume.gov/home
Reply With Quote
The Following User Says Thank You to phaz0rz For This Useful Post:
pirate1122 (12-19-2016)
  #7  
Old 05-08-2016
phaz0rz's Avatar
Executive [VIP]
 
Join Date: Nov 2015
Posts: 10,832
Thanks: 2,076
Thanked 4,022 Times in 3,010 Posts
Activity: 0%
Longevity: 48%
iTrader: (2)
Send a message via ICQ to phaz0rz Send a message via AIM to phaz0rz Send a message via Yahoo to phaz0rz
Default Re: Best way to set up LLC

Quote:
Originally Posted by golferman View Post
So the basic silver plan for $49 will work?
I don't know where you live but you will end up paying more if you use that third party site to register. There's really no need because every state makes it very simple to register a business. Those third party sites exist only to make a quick buck off of a simple process.

Keep in mind you will be paying that $49 + whatever it costs in your state to file AOI.

I was 20 when I registered my 1st business. It's not hard.
Reply With Quote
The Following User Says Thank You to phaz0rz For This Useful Post:
pirate1122 (12-19-2016)
  #8  
Old 05-30-2019
Junior Member
 
Join Date: Jul 2013
Posts: 59
Thanks: 0
Thanked 4 Times in 4 Posts
Activity: 0%
Longevity: 62%
iTrader: (0)
Default Re: Best way to set up LLC

Don't forget to pay state taxes yearly. IRS taxes will be different
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



Aspkin Group

All times are GMT -5. The time now is 10:19 AM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58