Glossary of LLC (Limited Liability Company) Terms | LLCU®

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What is an LLC
Best state
Form an LLC
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About
What is an LLC
Best state
Form an LLC
LLC costs

By Matt Horwitz

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Updated September 28, 2022

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Service of Process for an LLC

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LLC basics

What is an LLC?
LLC asset protection
LLC filing fees by state
LLC vs Sole Proprietorship
LLC business bank account
How long does it take to get an LLC?

Best state

Best state to form an LLC?
Why you shouldn’t form an LLC in Delaware
Why you shouldn’t form an LLC in Wyoming
Why you shouldn’t form an LLC in Nevada

Overview of steps

1. LLC name search
2. LLC Registered Agent
3. Articles of Organization
4. LLC Operating Agreement
5. EIN Number
6. LLC Annual Report

Non-US residents

What state?
Get EIN without SSN
Open bank account online
Form 5472 (Single-Member LLC)

Costs

How much is an LLC?
LLC filings fees (all states)
LLC annual fees (all states)
Average cost to set up an LLC?
What states require newspaper publication?

Taxes & more

How are LLCs taxed?
LLC taxed as S-Corp
Multiple businesses under 1 LLC?
Member-Managed LLC vs. Manager-Managed LLC
Do I need a DBA?
What is a Foreign LLC?
Convert Sole Proprietorship to LLC
Northwest Registered Agent review

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About
What is an LLC
What is a Registered Agent?
Best State to Form an LLC
50-State LLC guides
50-State LLC costs
LLC company reviews

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