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Posted: 1/27/2006 12:42:51 PM EDT
[Last Edit: 2/7/2006 1:23:58 PM EDT by TANGOCHASER]
What's required to become a LLC company? Do I have to registeor file paperwork somehwere as a LLC? Do I just pay for a state LLC license?

I'M SO CONFUSED!
Link Posted: 1/30/2006 7:49:29 AM EDT
[Last Edit: 1/30/2006 7:59:30 AM EDT by otto_esq]
start here: BizLinks: Your Guide to Minnesota Business Information

Most states will have a business registration guidebook that will have sample forms and requirements.
www.sos.state.mn.us/home/index.asp?page=18&dc_id=106


Cheers, Otto
Link Posted: 2/7/2006 1:24:19 PM EDT
This applies to Minnesota.

You don't need a lawyer if the LLC is one person. The Secretary of State website has the Articles of Incorporation in PDF format under the business page.
Look up your company name to make sure it is not being used,
Fill out the Articles of Incorporation form,
Sign it,
Mail it in with a check for $135.
Wait for a response from the SOS office.
Get a state EIN tax number and a Federal EIN tax number.
File LLC taxes with a schedule "C" to the 1040 form.

Too easy. If you have a partner or multiple employees, there are additional papers the lawyer recommended for additional protection of personnal property.
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