LLC Answers

Virginia is one of those states that have more strict requirements when it comes to registered agent qualification than most other states.

In Virginia, if the registered agent is an individual, he or she must be a member of a member-managed Virginia LLC or a manager of a manager managed limited liability company.  Or, the person can be a Virginia licensed lawyer.  In addition, the registered agent’s address must be a physical address locate in Virginia where service of process papers can be accepted during business hours.

There are some additional options if you have a legal entity as the registered … Continue Reading

In New York, there is a publication requirement after forming a New York LLC.  This extra step is not favored by small business and it is unclear what real purpose it serves.  The publication requirement usually requires payments to newspapers which can be significant depending on where your LLC business is located.

After your New York limited liability company has been formed by the state and you received a filing receipt, you need to contact the local county or city where the principal office of the LLC is located.  That locality will provide you with the names of two newspapers … Continue Reading

The beginning of a new year is the most popular time to start a business.  As a result, the state agencies that handle LLC formation processing are very busy and in many states, the processing times increase greatly.

So, if you are going to start a new business, get your LLC filing completed and filed with your state.  It is really important that your limited liability company be formed prior to conducting business.  This is necessary to ensuring you have complete LLC protection offered by this legal entity.

Many motivated business owners get frustrated this time of year when they find … Continue Reading

VIDEO LIBRARY

Yes, there is nothing in the law that requires that an LLC be formed by a lawyer or other service.  A business owner can form an LLC on their own by learning about and following the legal requirements and processes required to process an LLC registration.

View the video below for steps and guidelines on how to go about doing this.  Plan on spending about 3 to 5 hours to handle this properly.  If you want to save time, The LLC Expert’s formation service only requires about 5 minutes of your time and is backed by a guarantee of compliance … Continue Reading

VIDEO LIBRARY

It is that time of year when many aspiring business owners find the energy and courage to take the official step of new business ownership. This is a great time to start a business not only because of strong motivation but because it is an ideal setting to start the new year by going down the path to financial freedom.

One of the first steps is to form an LLC and so if you are looking and shopping around for the right online llc formation services company, please watch this video as it will eliminate 90% of problems and … Continue Reading

When it comes to actually “signing” llc formation documents required to form a limited liability company in a state, the laws generally do not require that a member (owner) sign the filing documents.  The laws do require that an ORGANIZER sign it.  So a person must sign it but that person can be an owner, a lawyer, a document filing services company agent or anyone you desire to sign them as long as it is an actual person.

Now, this question also raises another issue because I assume it is being driven by the desire for the owner of a business … Continue Reading

No.  A DBA (which is short for doing business as) is a filing made at either your local or state level which registers a name for you to conduct business under.  If a person files for a DBA and operates a business under that DBA, this is setting up a sole proprietorship structure.

The DBA is merely a name registration.  It is not a separate legal entity and it does not offer any liability protection whatsoever.  All it does is make it permissible to use such name in connection with your business.

The major reason for starting an LLC is to protect … Continue Reading

When starting an LLC, you should always spend quality time coming up with a proper name for your LLC  business.  Your first analysis should be business driven.  Come up with a name that will be suitable and advantageous for your business.

Most businesses will use their name as a brand to promote and advertise their products or services so this name becomes very important as you develop branding for your company.  However, for some businesses, the LLC name itself if not important as the LLC will be using other names (called DBAs) for their marketing.  For example, if a group of … Continue Reading

The process of LLC formation generally covers the LLC filing and processing of such filing by a state agency to officially create an LLC (which is a legal entity known as a limited liability company) in that particular state.

In most states, the owners (also known as the members) are not required to be identified or appointed in the formation documents. And, if this is not a requirement, you should not list your members on these documents for privacy purposes.  LLC filing documents become a matter of public record.

All the state has is the LLC name, a registered agent and … Continue Reading

LLC formation is just the first step to creating a legal entity business.  The formation process itself involves doing what is necessary to create a limited liability company at the state level.  Once it is created, in order to conduct a business, you will likely need a business license.

The rules and requirements for business licenses are governed at your locality level which is the county or city where you will be conducting business.  Most localities require that a business license be obtained before any for profit business activity is conducted so check with your area as soon as your … Continue Reading