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Old 05-07-2016
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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.
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Old 05-07-2016
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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
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Old 05-07-2016
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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...
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Old 05-07-2016
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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?
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Old 05-08-2016
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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?
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Old 05-08-2016
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Default Re: Best way to set up LLC

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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
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Old 05-08-2016
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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.
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Old 05-30-2019
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Default Re: Best way to set up LLC

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