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How much does it cost to setup an LLC?
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How much does it cost to form an LLC?
The cost of your LLC will depend on how you go about forming it. You have 4 options:
1. DIY/do it yourself = $0-$300
2. Hire a lawyer = $1,050-$2,100
3. Use an online incorporation website = $199-$1,100
4. Go through our free online course = $0
The reason for the sliding scale is whether or not you need to hire a Commercial Registered Agent.
You do not need hire a Commercial Registered Agent if:
A. You have a street address located in the state where you're forming your LLC.
B. A friend or family member has a street address located in the state where you're forming your LLC.
You'll only need to hire a Commercial Registered Agent if If you don't have a street address located in the state where you're forming your LLC.
/---------------------------------------/
No matter which route you go, make sure you get an Operating Agreement and obtain your EIN (Federal Tax ID Number) from the IRS.
And watch out for any of the following unnecessary items/upsells on many websites:
• forced Registered Agent fees
• hidden annual renewals (check the fine print)
• LLC kit & seal
• certified copies (rarely needed)
• free trials which convert to monthly fees
• LLC membership certificates (not needed as membership interest is controlled via your Operating Agreement)
• free domain names, website, logo, etc
For full details, check out this guide:
Ask any LLC question here and get a reply in a few hours:
How much does it cost to form an LLC?
The cost of your LLC will depend on how you go about forming it. You have 4 options:
1. DIY/do it yourself = $0-$300
2. Hire a lawyer = $1,050-$2,100
3. Use an online incorporation website = $199-$1,100
4. Go through our free online course = $0
The reason for the sliding scale is whether or not you need to hire a Commercial Registered Agent.
You do not need hire a Commercial Registered Agent if:
A. You have a street address located in the state where you're forming your LLC.
B. A friend or family member has a street address located in the state where you're forming your LLC.
You'll only need to hire a Commercial Registered Agent if If you don't have a street address located in the state where you're forming your LLC.
/---------------------------------------/
No matter which route you go, make sure you get an Operating Agreement and obtain your EIN (Federal Tax ID Number) from the IRS.
And watch out for any of the following unnecessary items/upsells on many websites:
• forced Registered Agent fees
• hidden annual renewals (check the fine print)
• LLC kit & seal
• certified copies (rarely needed)
• free trials which convert to monthly fees
• LLC membership certificates (not needed as membership interest is controlled via your Operating Agreement)
• free domain names, website, logo, etc
For full details, check out this guide:
Ask any LLC question here and get a reply in a few hours:
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