Create an Operating Agreement (costs range from $500-$700).File Your LLC Articles of Organization (costs range from $50-$3000).Get, Prepare, and File a Copy of Your State’s LLC Articles of Organization Form (Free).Establish a Registered Agent (costs range from $99-$300).Establish a Business Address (costs range from $5-$229).Choosing a Business Name (costs range from $0-$500).LLCs are taxed to a lesser extent than corporations because they are not subject to double taxation.Record-keeping requirements for LLCs are less complex than those for corporations.An LLC or Limited Liability Corporation protects against personal liability for business debts by separating business and personal assets.When you set up a business entity, you have multiple options to consider, so why choose an LLC?
Let’s look at some of the estimated start up costs and how you can save. Various factors like the state that you’re filing in, to the different filing services that you use can influence the affordability of setting up an LLC. Setting up a limited liability corporation offers unique benefits to business owners, but it can be costly.
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