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Also I recommend reading our article on what is doing business in California Plus the online filing system speeds up the process and helps reduce mistakes For basic first year costs expect to pay between 65 and 666 You may have to file and pay you may just have to file and apportion your income to California or neither There are different laws for each state Also I currently live in California but California has a whooping 855 annual fee for LLC We don 8767 t offer filing services however if you want to hire someone to form your LLC we recommend using Northwest Registered Agent Whether or not you have to file Form 6595NR depends on the details or you may not need to file Forming an LLC helps protect your personal assets I was hoping to move the LLC to a new state like Montana or Wyoming I have family there Yes many states have additional taxes beyond the LLC Annual Report which is usually filed with the Secretary of State We recommend any small business that carries even the smallest amount of risk or liability to form an LLC Three states seem like good options New Mexico Ohio and Missouri You ll also save money by being your own Registered Agent and using our free LLC Operating Agreement template My tax adviser told me to look into forming an LLC as a ShareCorp I want to make LLC of Virginia for Amazon whole sale FBA can u tell me how much it wil cost This is a massive disinformation expect a lawsuit To ensure accuracy always check the latest requirements and fees with Nevada 8767 s official regulatory agencies Hi Destiny you 8767 re very welcome The Pro Plan priced at 699 per year offers comprehensive support including an Operating Agreement and EIN registration What state do you live in do business in Most states tax LLC profits in the same way as the federal government profits pass through to members personal tax returns I live in Massachusetts the most expensive state to file an LLC in Second would it just make more sense to file the LLC in my brothers home state since he will not move Hi Deebika you 8767 re not required to form an LLC it 8767 s optional Two are from California and Connecticut but I read on a different site that those are two of the worst states in which to start an LLC These costs are separate from standard filing fees and can make forming an LLC in certain states more expensive than others For many people this is usually their home state the same state in which they reside You can act as your own registered agent for free or hire professional services which typically cost 55 855 per year Reporting fees are variable from state to state but average somewhere around 655 a year State laws require all business owners to pay a state filing fee when they file the documents to form an LLC This is a great way to scale your entities all while having a consolidated federal return the Child LLCs are taxed like a branch division of the Parent Company Just make sure your LLC is approved before getting its EIN No it isn 8767 t possible to set up an LLC entirely for free For the most current fee information check the Montana Secretary of State 8767 s website Setting up an LLC in Washington DC comes with specific fees and requirements Forming an LLC in New York comes with some specific requirements that affect the overall cost For the most accurate and up to date information check the current fee schedule directly on the Idaho Secretary of State 8767 s website There is a chance you could form an LLC out of state and not register in Mass but this is a gray area and you could incur penalties Long story short I am the sole owner and have a tech product that I plan to sell online Will you be returning to Arizona or are you playing it by ear and could end up residing somewhere else in the future Be sure to include these in your budget to avoid surprises My business partner and I have had a falling out and now I wish to withdraw from the LLC and the business all together I am or think I am a member of an LLC By 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