Formation documents will be completed and filed with the Secretary of State’s office, using the information you provide. State filing fees are in addition.
Corporate Bylaws, the LLC Operating Agreement or the Limited Partnership Agreement will serve as the roadmap for your entity. The document prepared for your entity will contain the rules for how you will conduct your business.
A Registered Agent is required in each state where the entity is registered. The Registered Agent receives legal documents and notices for your company, including all service of process (notices of lawsuits, citations, etc.) and state government correspondence (tax and filing notices). You will be notified of service of process and the document will be forwarded to you within two business days.
The initial meeting serves to accept the entity’s governing documents, make resolutions and appoint the Corporate officers and directors, the LLC manager/members or the partners of the Limited Partnership.
You may have up to ten certificates issued. Additional certificates are $5 each.
The Employer Identification Number is assigned by the IRS and is used to identify the entity for tax purposes. You will need this number to open a business bank account. We will need to you to provide your U.S. Social Security Number or Individual Taxpayer Identification Number (ITIN) to obtain the EIN.
For your convenience and to save you costs, your entity’s initial formation documents will be saved on a CD and sent to you. You may store the CD, move the documents to your computer files or print them out for safekeeping in a corporate binder.
This book will help you, the asset holder, business owner and entrepreneur, with an important element of your overall business protection plan: Following the corporate formalities so that your own personal assets are covered. You will find guidance on how to raise and maintain the corporate veil of protection.
The importance of a corporation’s ability to protect its owners and their personal assets from litigation cannot be overstated. If annual corporate filings and meeting minutes are not maintained in a timely or proper manner, courts can hold you, the entity’s owner, personally responsible for claims filed against the company. We call this piercing the corporate veil. This is where we step in. We will alert you to deadlines and attend to details to ensure your corporation is properly and legally maintained. (Terms and conditions apply.)
Keeping all your entity’s documents, minutes, copies of filings, etc. organized in one place is highly recommended to help protect the corporate veil. The kit contains a binder with tabs for your important documents, stock or membership certificates and the embossing seal personalized with your company’s name and date of inception.
This service is offered in California, Florida, Idaho, Nevada and Wyoming, with more states coming soon. You are able to use the physical address as your own on your business stationery, business cards, websites, and with your bank and vendors. Included in the address service is weekly mail forwarding. Fee is $360 per year ($480 for international clients).
Protect Me LLC will file the Election by a Small Business Corporation with the IRS to obtain the S Corp election. S corporations are corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes. Shareholders of S corporations report the flow-through of income and losses on their personal tax returns and are assessed tax at their individual income tax rates. This allows S corporations to avoid double taxation on the corporate income. S corporations are responsible for tax on certain built-in gains and passive income at the entity level.
Protect Me LLC will put a rush on the formation of your entity. State expedite fees are in addition to Protect Me LLCs expedite fee.
This service allows you to keep your personal information off the public record.
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