Your Complete LLC Formation Service Includes:

 

Preliminary Name Check with State
Verifies the availability of your company's name in the state of formation

When you submit an order to BizFilings, we ask that you provide two name choices for your company. We then check the availability of your name in the state where you wish to form your business. If the name choice is not available, your Customer Service Representative will contact you for additional name choices. Final approval of the use of your desired name is conducted by the proper state authority upon submission of of your formation's documentation

Preparation and Filing of Formation Documents
Accurate and reliable formation of your business

BizFilings prepares and files your articles of incorporation or articles of organization with the appropriate state agency in the state of formation. When the state has approved the formation of your business, BizFilings sends the state documents with proof of formation to you. The timeframe for receiving approved documents from the state varies by state. Typical completion time is 4-6 weeks, unless expedited processing is selected.

Turmo.com Exclusive! 1.5 Year FREE registered agent service (Regularly 6 Months)
Ensuring that all critical steps are handled correctly and efficiently for your business

Most state laws require corporations and LLCs to maintain a registered agent in the state where you form your business. The registered agent must have a physical address in the state of formation and is responsible for receiving important legal and tax documents including service of process, franchise tax forms, and annual report forms. You will be provided with a registered agent in your state of formation  Free for the First Year and Half. (Wow!)

Expedited Processing Service
Filings typically completed in 7-10 business days

With BizFilings' expedited processing service, your formation documents will be express shipped to and from the state and also from BizFilings to you once approved by the state, expediting the processing time required for your formation filing.

LLC Kit and Seal (with LLC orders only)
Customized necessities for your new LLC

The LLC, while it doesn't require as much formality as a corporation, still requires that good records be kept. BizFilings' LLC kit maintains and preserves your company records all in one binder. Our LLC kit includes:

  • A professional binder enclosed in a matching slip-case and customized with your company's name on the spine.
  • A custom, embossed LLC seal for use in stamping documents to signify their authenticity.
  • 20 full-page, numbered, custom-made membership certificates printed with your company's name.
  • A membership transfer ledger for keeping accurate records of your LLC's membership unit distributions.
  • Sample operating agreement, meeting minutes, waiver of notices, and resolutions.

Tax Id (SS-4) Form Preparation and Obtainment Service
Preparation & Obtainment of your tax identification number

Turmo.com obtains your Federal Tax ID (EIN) Number from the IRS on behalf of your business. The typical turn-around time for this service is 2-3 days after we receive approval of your formation filing from the state. Once Turmo.com receives the Federal Tax ID (EIN) Number from the IRS, the completed form will be included with your other state documents.

In order to obtain the Federal Tax ID (EIN) Number for your business, you must provide your SSN or Individual Tax Identification Number (ITIN). If you do not have a SSN, you must obtain an ITIN from the IRS prior to being able to apply for the Federal Tax ID (EIN) Number for your business. Turmo.com does not assist with form preparation for or the obtainment of the ITIN.

Certified Copies of State Formation Documents (Essential)
Necessary For All Business Owners to Open a Bank Account

As states update their technology and processes for accepting formation, foreign qualification and other documents, the state-approved versions of these documents can often look plain. Even though official, some business owners wish to have a certified copy of these documents. A certified copy is a true and exact copy of your company’s formation or other state filed document as issued by the state of formation.

Keeping the original of your formation documents or any other state-filed document with your company records is important. Often times a Banking Institution will request these certified copies to prove the legitimacy of your Business before being able to open a Banking Account.

LLC Forms CD (with LLC orders only)
Customizable versions of the forms necessary to comply with your formalities

Limited Liability Companies (LLCs) should follow certain procedural formalities. These formalities include adopting an operating agreement and holding member or manager meetings. The LLC forms CD includes customizable documents, each of which can be used as is or with minor changes, to fit the needs of your business. It also comes with an informational booklet explaining how and when to hold LLC meetings. The LLC CD includes:

  • Sample operating agreement
  • Sample documents relating to manager meetings
  • Sample documents relating to member meetings
  • Sample documents for various member/manager resolutions, including resolutions to amend the articles of organization or operating agreement

 

Advantages of Forming an LLC

Forming a limited liability company (LLC) is an important step for small business owners, and taking this step has many possible benefits for the business and its owners (who are also called members or managers). These benefits are, in many cases, unavailable to sole proprietorships and general partnerships.

Limited Liability - LLCs provide limited liability protection to its owners. Typically, the owners are not personally responsible for the debts and liabilities of the business; thus, creditors cannot pursue owners’ personal assets (such as a house or car) to pay business debts. Conversely, in a sole proprietorship or general partnership, owners and the business are legally considered the same and personal assets can be used to pay business debts.

Pass-through Taxation - LLCs typically do not pay taxes at the business level. Any business income or loss is "passed-through" to the owners and reported on the owners’ personal income tax returns. Any tax due is then paid at the individual level.

Establishing Credibility - Forming an LLC may help a new business establish credibility with potential customers, employees, vendors, and partners.

Fewer Ongoing Requirements - LLCs face fewer state-imposed annual requirements and ongoing formalities than do corporations.

Organizational Structure - LLCs are free to establish any organizational structure agreed upon by the owners.

Few Ownership Restrictions -  Unlike S Corporations, there are few restrictions on who can own or how many owners an LLC may have.
 

Send This Page to Printer