Welcome to the entrepreneur platform that helps start your LLC in 3 easy steps
Entrepreneur Exclusively
Being a business owner is not suitable for everyone, but rather reserved for those who deserve it.
Our offer is risk-free, and your formation is guaranteed. To double that offer, payment plans are available, and that's not all... We'll give you a full refund if the LLC is not filed.
ATTENTION HUSTLERS
Drug-dealer with illegal business? Maybe because you have a public record or done something illegal and can’t find any decent employment. You are not dumb—you already understand import, export, marketing, finance, wholesale, retail, customer service territory, and logistics.
You might just be a Genius. Understand your greatness and become an Entrepreneur. Maybe you can’t open an account at the bank, but maybe one day you will be the CEO who writes a check and owns the bank. Create a legitimate business and change your life.
HIL Easily Launches Your Business From Any Country In The World.
Apply for an LLC in 3 easy steps
Choose state & business name
Answer a few simple questions
We’ll submit your LLC application
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Dream Diesel Entrepreneur Enterprise
Entrepreneur Exclusively: Being a business owner is not suitable for everyone, but rather reserved for those who deserve it.
Dream Diesel Entrepreneur Enterprise
Features
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Unlimited Name Searches.
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LLC Formation.
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Registered Agent Service For The First Year. Optional Recurring Payments Are Due Annually.
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U.S Business Address For The First Year. Optional Recurring Payments Are Due Annually.
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EIN Business Tax Number.
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Preparing & Filing the Articles of Organization.
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Unlimited Personalized Email Support.
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DUNS Number
4 Big Reasons Why You Should Have an LLC
1. Protect Personal Assets from Business Creditors.
If structured properly, an LLC may keep business creditors from reaching personal assets such as your home, your car or your personal bank account.
2. Protect Investment Assets from Creditors.
If structured properly, LLC’s can be used to isolate cash and investments from creditors.
3. Getting Family Members Involved in the Business.
If it’s done properly it can have some excellent income tax benefits along with providing valuable work experience and “life Lessons” for family members.
4. Real Estate.
You should consider holding all real estate, except your personal primary residence, in an LLC. Real estate is a liability producing asset.
Why do you need an LLC? Starting an LLC will:
Help protect
your personal assets
Allow you to open
a business bank account
Shows customers
that you’re a legitimate business
Business Formation
Sleep easy at night knowing that your business and its assets are protected. We make it simple to register your business as an LLC. Start your business with confidence. Register your business and make your company official.
Opportunities Becoming A Business Owner
Are you Highly motivated positive thinker with a strong work ethic? If so then success is your obligation! Do you have a great phone presence with a pleasant vocal tonality and a confident personality?
Considering Filing For A LLC Yourself?... Here's How To Do It.
Entrepreneur Exclusively: Being a business owner is not suitable for everyone, but rather reserved for those who deserve it.
Form an LLC in a few simple steps. You will need to follow these seven steps to start your LLC:
Step 1: Name your LLC
Step 2: Select your state
Step 3: File articles of organization
Step 4: Choose a registered agent
Step 5: Create an operating agreement
Step 6: Apply for EIN & DUNS number
Step 7: Comply with tax requirements
Step 1. Name Your LLC
LLCs are legal entities, so rules apply when naming one.
- Your name has to be unique to avoid confusion with an existing registered company.
- It must contain the words LLC or limited liability company in the name, and you can’t use financial words such as insurance, trust, bank, and inc.
Rules vary from state to state, as they do with every step of starting a a limited liability company. You’ll find your state’s laws on its website.
LLC vs. business name: What’s the difference?
Your LLC and business name can be the same or different; it’s up to you. The reason for the choice is branding and marketing.
Your LLC’s name is your business’s registered legal structure, and you must include LLC when filing tax returns, business bank accounts, loan applications, and lawsuits.
If using LLC in your name suits your business, you don’t need a separate business name. Plus, having LLC in your name instills trust in potential customers, as it shows you’re a legitimate business.
Sometimes a limited liability name or the abbreviation LLC doesn’t suit a company’s branding and marketing campaigns, and a catchy business name that’s engaging and memorable is the better way to go.
How to get a business name
You can get a business name by applying for a DBA (doing business as) at the same time as registering your LLC name with your state and local government.
Reserve your LLC name while filing the documents
When you find the perfect business name but aren’t ready to form an LLC, you can reserve it by filing with your secretary of state’s office. Reservation requirements and duration vary by state, ranging anywhere from 30 to 120 days.
Step 2. Select Your State
You can choose to register/form your LLC in any U.S. state, regardless of your location.
Your home state is the most convenient choice in most circumstances. Because local solicitors and lawyers are familiar with their home state laws regarding LLC formation and operating guidelines, it’s helpful to have government offices within reach.
LLC business owners choose to register out-of-state due to lower set up, running costs, self-employment tax, and sales tax.
When registering your preferred business type in a state other than your own, you’re required to have a physical address to receive official mail. You can appoint a registered agent’s office to act on your behalf.
All 50 states have websites dedicated to how to start and run an LLC.
Many larger and different types of LLCs form businesses across multiple states and use a national registered agent to receive official mail on their behalf.
Make sure you’re aware of each state’s requirements for establishing and maintaining an LLC.
Popular registration states
Several states could be a better choice when forming an LLC out of state. One is Delaware.
Delaware is by far the most popular choice for those forming an LLC out of their home state and prides itself on having a business-friendly reputation. The reason being is that Delaware doesn’t impose a tax on out-of-state income, meaning you won’t pay tax on out-of-state sales.
And to entice start-up LLCs, filing fees and franchise taxes are very low compared to most other states.
Don’t stop with your state
Registering your name in one state doesn’t mean it will be available in another, nor does it stop another business in a neighboring state from using it.
If you are currently doing business in a single state but might expand in the future, securing your LLC in other states could be a wise move.
You can secure your business name in all 50 states and protect your brand nationwide by trademarking it using our trademark registration service.
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Why Choose Us
#1
We won’t up-charge you hundreds of dollars for things your business needs.
#2
No Surprises, there’s no hidden fees before checkout.
#3
Tired of getting nickel and dimed by shady LLC formation services? Now is your chance to start your business the right way – without the stress and hassle.
#4
We give entrepreneurs an opportunity to start their business professionally and bet on themselves pursuing their dreams
Step 3. File Articles of Organization
The first step towards registering your business is to file an article of organization form with your state. Often states use different terminology, such as a certificate of formation or a certificate of organization.
You can download the articles of organization form for free from your state website. Filing fees are state-dependent, ranging anywhere from $50 to $800. General costs differ and you can check them out per state in this LLC cost post.
Once approved, you’ll receive a state certificate of organization proving your LLC’s existence as a legal entity within your state. And that’s great news because you can then do business!
Once you begin doing business, you’re required to pay yearly limited liability fees to your state. This is also known as Annual Registration Fees, Annual Certificates, Annual Reports, or Franchise Tax Reports.
Fees are unavoidable and required to keep your business compliant with your state, regardless of your LLC’s activity or profit.
Step 4. Choose a Registered Agent
A question most potential LLC owners ask is, “Can I set up an LLC on my own?” Yes, but regardless of your LLC’s location, you need a registered agent and a registered office because of due process.
A registered agent is an individual who will receive legal and other documents on behalf of your business, such as subpoenas, regulatory and tax notices, and correspondence.
In most states, if someone wants to sue you, the court cannot proceed until it has served you. And for that, you need a registered address and be open during regular business hours and available to the public.
Depending on your state laws, you could nominate yourself or appoint your business to act as its own registered agent.
If you want to hire a registered agent service and reduce your paperwork, finding one isn’t difficult. Still, sourcing a legitimate one at a reasonable price can be.
Check with your secretary of state’s office and ask for a recommendation, or, if you want to go the simpler route, register your LLC here at Tailor Brands!
HELLO CEO.
Bringing Your Ideas To Life
Step 5. Create an Operating Agreement
An operating Agreement records your LLC’s setup, organizational structure, daily duties, and general rules.
Most states don’t require an LLC to create an operating agreement. But if you’re looking for investors or end up in court because of internal disagreements between partners (it happens), you’ll need one.
An operating agreement covers essential points, such as each member’s responsibilities, profit, and loss allocation, proceedings when a member wants to leave or sell their share, and more.
Step 6. Apply for EIN & DUNS number
An Employer Identification Number (EIN), also known as a Federal Tax Identification Number, is used to identify a business entity. It’s a 9-digit number assigned by the IRS to identify taxpayers who are required to file business tax returns.
There are 3 ways you can apply for an EIN:
The preferred method when applying for an EIN is online. Be aware that the online application is available Monday through Friday from 7 a.m. to 10 p.m. Eastern time. Once the application is completed, an EIN number will be issued immediately.
There is also the option to mail in the completed Form SS-4 to the IRS address listed on the Instructions for Form SS-4 PDF or see ” Where to File Your Taxes” (for Form SS-4). You’ll receive your EIN in the mail in approximately 4 weeks.
Lastly, you can fax the completed Form SS-4, Application for Employer Identification Number to the appropriate fax number, which you can find here: ” Where to File Your Taxes” (for Form SS-4)). You can apply by fax 24 hours a day, 7 days a week. You’ll receive your EIN by fax generally within 4 business days.
Step 7. Comply with Tax Requirements
Death and taxes—the 2 things in life we can’t avoid.
To operate and run daily business activities, you must first get and file any licenses and permits with the state and local agencies, then pay your taxes.
Your state determines your tax filing, license, and permit requirements. You’ll find what you need on the sba.gov website or by contacting your secretary of state’s office.
Tax requirements
From Alabama to Wyoming and the 48 states in between, the rules of LLC reporting and tax filing requirements differ.
That said, most states require an LLC to file an annual report and pay an annual tax or fee. And all impose penalties for failing to file a yearly report or paying taxes, and they aren’t cheap.
I recommend you research your state’s tax rules before moving on to step 6, and if you don’t understand them, hire a tax accountant who can help.
About Our Company
Headquartered in Frisco, Texas HIL partners with premiere organizations nationwide to deliver solutions-focused entrepreneur services. We have the resources necessary to scale with any enterprise, yet are small enough to maintain the agility, personal service and remarkable experience we’ve become known for. This is your entrepreneurship optimized.
Steps After Starting an LLC
File annual reports
Okay, this step is usually applicable after you’ve been trading for a tax year, but it’s useful to know it now.
An annual report, also known as a “statement of information” provides your state with crucial details relating to your business, including any changes or information that occurred since your last filing period.
This enables your state to inform you of any added legal requirements, such as licenses you might need to continue doing business.
A good piece of advice is to start a system that records all your business’s dealings. This way you won’t have to spend days or weeks looking for necessary paperwork with a deadline looming ever closer.
What should you include in your annual report?
Include your LLC name, office address, your registered agent’s information (if you’ve used one), and the LLC number that your secretary of state provided upon forming.
Each state has its own LLC laws and regulations and varying requirements for including in an annual report.
Annual reports include:
- Your principal business address
- The names and addresses of your members and managers
- Significant identification numbers for your business, such as your state entity number
- The purpose of your business
- A list of authorized signatories
- Your registered agent’s information
How to file your annual report
Most states require you to file an annual report for your LLC, which you can do online via your state’s website.
As you may have guessed by now, you’ll need to pay a fee. Fees vary from state to state, ranging from $50 in Mississippi to $500 in Massachusetts.
What happens if you don’t file an annual report for your LLC?
While it may seem a formality, filing your annual report on time is essential, and the consequences of failing to file can be severe. For example, some states may impose a late fee, penalties, and taxes, while others may even dissolve your LLC.
Open a business bank account
As an LLC owner, neither state nor federal law requires you to have a separate business account. However, there are several reasons why you should:
- Opening a business account separates your finances from your business. And you should, otherwise, you could lose your limited liability protection. Having a separate entity increases the chances of maintaining the protection.
- A separate bank account for your LLC provides your business with an air of credibility and professionalism.
- By separating your business and personal accounts, it’s far easier to gain a clear picture of your finances.
- It also assists your accountant in establishing what’s business related and what’s personal, which is especially helpful when completing your end-of-year-tax return.
- You can keep an eye on your business expenses, ensuring your cash flow stays consistent.
Obtain the required business licenses and permits
In most states, you can form an LLC without a business license. Still, you’ll need one and other permits to make sure your LLC operates and complies with state laws.
Requirements for business licenses and permits may vary from state to state. You can find out what permits and licenses you’ll need in your LLC’s registered state by visiting the SBA website. In most cases, you can apply for licenses and permits online.
License types:
- General business license
- Sales tax registration
- Weights and measures registration
- Professional/occupational licenses
- Health inspection certification
- Alarm permit
- Unemployment and worker’s compensation registration
How to obtain business licenses and permits
First, choose your state, then decide which city and county you’ll be operating in. Next, visit the Small Business Administration website and look for information regarding city and state regulations for your location.
Ensure you have your Employer Identification Number (EIN) available. If you don’t have one, go to the Internal Revenue Service website and apply.
You’ll then need your business code; you can find it using any of the many websites providing this service. Also, check if you require any permits besides the business license.
Have a credit card ready to pay the required filing fee, ranging from $50 to $500.
Learn more about tax requirements
One of the best investments you’ll make when starting an LLC is employing a seasoned accountant whose experienced with running LLCs, and educating yourself about tax.
The method in which you will be taxed depends on how your form your business structure. You may elect to be taxed as a Sole Proprietorship (in case you’ve formed a single-member LLC), as a Partnership (multi-member LLC) or instead elect an S-Corp status.
Accountants are there to ensure you abide by federal and state tax laws, file your returns on time and in the correct manner. But they can also save you a small fortune over the years by applying legal tax reduction strategies that a less experienced general accountant might be unaware of.
But you can also help yourself and reduce your bill by learning how to keep your debit and credit books in order.
LLC tax filing tips
First, find and take advantage of any eligible tax deductions or credits available to your LLC.
Second, always review business tax deadlines in advance and add them to your calendar. Plus, you can always hire a certified accountant or tax professional to file your taxes.
Third, research and understand your state’s tax requirements.
The forms you’ll need to complete your LLC taxes depend on 3 things
- Whether your LLC has multiple members or a single member.
- If you go with the default (pass-through) tax status, choose a corporate tax status for your LLC.
- And if your LLC has employees.
Get business insurance
Business insurance can help protect you against unforeseen mishaps, like fire and water damage, stock and premise damage, a missed deadline, or a client data breach.
Common everyday risks such as a slip-and-fall injury, an employee car accident, or a work-related injury. Some policies also cover supply breakdown, business interruption compensation, and legal costs.
You might need “public liability insurance.” in the case of a customer injuring themselves while on your business property.
Furthermore, some states require LLCs to have additional insurance, while others leave it up to your discretion. In addition, if you have employees, you must have workers’ compensation, unemployment, and disability insurance.
Visit your state’s website to find the exact insurance requirements your business model requires.
“Okay – what makes Hil different?”
We actually care about why forming an LLC is necessary for your dreams, that’s why we serve entrepreneurs like you to manifest your company.