Form An LLC For Free
Advantages of an LLC
Personal Asset Protection
Provided there is no fraud or criminal behavior, the owners of an LLC are not personally responsible for the LLC's debts or lawsuits. In a normal partnership, any member who wants to limit his or her liability can no longer be involved in the day to day management of the business. One of the advantages of a Limited Liability Company is that all members are protected from personal liability without any restriction on their ability to manage and participate in the LLC.
Pass Through Taxation
An LLC’s profits go directly to its owners, who then report their share of the profits on their individual tax returns. Hence, an LLC’s profits are only taxed once. This is known as pass-through taxation. In a C-Corporation, profits are subject to "double taxation": profits are taxed before being distributed to owners and taxed again when owners report their share of profits on their individual tax returns.
Limited liability companies are relatively easy to form and maintain with little paperwork. Unlike C-Corporations and S-Corporations, LLCs are not required to assign formal officer roles, hold annual meetings, or record company minutes and resolutions etc.
Forming your business as a limited liability company brings added credibility. An LLC is recognized as a more formal business structure than a sole proprietorship or partnership. Including LLC in your business name lets customers and partners know that you are a serious business.
Access Business Loans
Once you have formed an LLC, your business can begin building a credit history. This will help your business access loans
and lines of credit.
WHY DELAWARE LLCs?
Over a million businesses—more than 50 percent of publicly traded companies in the U.S., more than 60 percent of Fortune 500 companies, and more than 80 percent of recent U.S. based Initial Public Offerings (IPOs) —are incorporated in Delaware. Companies such as Facebook, Google, and Disney, incorporate in Delaware. Below you will find a few benefits of incorporating in Delaware.
Delaware allows non-residents to form an LLC from out of state (all 50 states and world wide) without ever visiting the state, you just need a Delaware-based registered agent.
No SSN required for LLC formation.
Non-residents pay no personal income tax .
Shareholders, directors and officers of a corporation or members or managers of an LLC don’t need to be Delaware residents.
Delaware LLC owners can act as their LLC's CEO, Treasure, Secretary, President, etc. There are no requirements to name separate people to those posts.
There is no minimum capital requirement to start a Delaware LLC.
Stock shares owned by persons outside Delaware are not subject to Delaware taxes.
Delaware has no sales tax.
Delaware allows LLC owners to remain anonymous.
Operate your Delaware LLC from all other states and worldwide and owe Delaware no corporate tax as long as you do not operate (open a coffee shop, bookstore, etc) in the state.
State of Delaware LLC Formation
With great tax benefits and operational flexibility second to none, you can see why many people choose Delaware to form their business.
Start your company for free today, $0 preparation fees as long as you choose us to be your registered agent ($99).
Delaware LLC Formation
Included in Package
Prepare and file the Articles of Formation
Unlimited phone and email support Tax filing and compliance notifications
2 weeks standard DE filing time.
Limited Liability Company (LLC)
No residency requirement
Limited compliance requirements
Flexible management structure
Personal liability protection
No SSN required for LLC formation.
We waive our LLC preparation fees if you choose us to be your registered agent ($99). We also pay the $90 state filing fee, saving you even more.