Tips/resources on creating LLC?
Looking to create an LLC under which I can operate a side project/potential-startup. Has anyone done this before? Is it complicated? Is there a preferred way of doing it? Should I consult a lawyer before? So many questions. If anyone can provide some guidance that would be super helpful!
Legalzoom makes it pretty easy, I just used them to setup a 501c3
Thanks I have no idea what a 501c3 is but I’ll look into this
What kind of non-profit you got? Seems so unusual on here to discuss something that’s not solely for profit 🤣
Yup yup heard about it. Isn’t it expensive though?
Atlas has perks that are worth a lot more than the signup costs, but the screening process for Atlas is really burdensome. After going back and forth a bunch I gave up and used legalzoom.
If you want to just make a simple LLC it’s literally paperwork and a fee. I have 3 LLCs. Look up the process based on what state you live in.
Definitely considering this route too. What made you not want to go through Stripe Atlas?
First one made years ago just for side dev work, then a side business, and investment property. Nothing too elaborate.
Is there a yearly fee to keep a llc open?
No.. at least not in my state
i run one for 10 years.. two important things to keep in mind where you register (which US State) where you actually do business (you will need to have a DBA registration in that state) there are few states that are business friendly (NY, Delaware, Nevada) and there are some where its more headache and money down the drain.. do your research before you register
check out delaware c corp, you will probably have to switch anyways if you ever raise funding
I would definitely consult a lawyer before hand