I'm forming a California LLC for my web venture (there's 4-5 more people involved in the project).
Do you guys have any recommendations for a good online service?
One package I saw on a major corporate formation website is this:
$149 for filing
Expedited Preparation and Filing the Articles of Formation
6 months of Registered Agent Service and access to Compliance WatchSM Online Tool
$50,000 Corporate Veil Guarantee™
Company Name Search & Reservation
I also wouldn't mind paying for a "maintenance" service which shows me what kind of records I need to keep to keep the LCC's corproate veil alive and well.
chetf
November 13th, 2006, 02:05 AM
Instead of paying a service, i would suggest going to your state's website.
http://www.ss.ca.gov/business/business.htm
These services do nothing extra for you and they will offer no binding advice (i have never seen one). Most of them are just smoke and mirrors, have you fill out the same forms you would directly send to the state, but instead of sending them to the state you get to send them to their service and pay an extra $100.
Chet
pokerturkey
November 13th, 2006, 04:46 PM
Thank you very much, that's very helpful advice.
It does seem like a waste to pay $100 for someone to process some forms. I think you make a good point there.
MINDsprinter
November 13th, 2006, 04:49 PM
I did it myself as well. Forget the services!
Bill
November 13th, 2006, 08:16 PM
I, too, did it myself (LLC, here in Maryland) about four years ago. I believe it cost me $60 and was completed in a few days.
And, I figure if I can do it - then anyone can.
:biggrin:
Alan Hamilton
November 13th, 2006, 09:35 PM
Poker, through 32 years in business management I have set up numerous corporations, LLC's and partnerships. It is indeed something that you can do yourself. I would suggest however that perhaps you will want to consult with your accountant in order to determine tax and other advantages and liabilities before setting up.
Best of luck
pokerturkey
November 14th, 2006, 09:51 PM
Woo, thanks for the encouragement guys. :D
I will talk to my accountant and try setting this sucker up myself!
MichaelColey
November 14th, 2006, 10:04 PM
Talk to your accountant. You also have a choice as to where you incorporate and what type of corporation you form. The choices you make (even if you don't realize you're making a choice) now can make a big difference later.
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