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Our business formation, business address, accounting, and tax services are designed to eliminate bureaucracy and simplify the management of your business, allowing you to focus on what truly matters: expanding your vision and growing in the U.S. market.
An LLC (Limited Liability Company) is a business structure that combines the liability protection of a corporation with the tax benefits and flexibility of a partnership. It protects your personal assets from business debts and lawsuits.
While not mandatory, an LLC offers valuable liability protection and tax benefits. It’s recommended if you want to separate your personal and business finances, protect your assets, or establish credibility with customers and partners.
The processing time varies by state, typically ranging from 1-2 weeks for standard processing. Some states offer expedited services that can complete formation in 1-3 business days for an additional fee.
Yes, most states require LLCs to have a registered agent. This is a person or company designated to receive legal documents and official correspondence on behalf of your LLC during business hours.
Yes, an LLC can open a business bank account, and multiple members can have access to it. It’s important to keep business and personal finances separate to maintain your liability protection.
By default, single-member LLCs are taxed as sole proprietorships, and multi-member LLCs as partnerships. You can also elect to be taxed as an S-Corp or C-Corp. Consult with a tax professional to determine the best option for your situation.
Common ongoing expenses include annual report fees, registered agent fees, state franchise taxes, business licenses, and professional services like accounting. These costs vary by state and business type.
An LLC operating agreement is an internal document that outlines ownership structure, member responsibilities, profit distribution, and operational procedures. While not always required, it’s highly recommended to prevent disputes.
LLCs offer more flexibility in management and taxation, with less formal requirements. Corporations have a more rigid structure with shareholders and a board of directors, but may have advantages for raising capital and going public.
Yes, you need a physical address in the state where you’re forming your LLC. This cannot be a P.O. Box. You can use your home address, a commercial space, or a virtual office service.
Yes, you can operate multiple businesses under one LLC using DBAs (Doing Business As). However, this may increase liability exposure. Consider forming separate LLCs for unrelated businesses or creating a holding company structure.
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