State LLC Fees
Q1: What are the state fees for forming an LLC in Texas?
- A1: The state fees for forming an LLC in Texas are $520, which includes franchise tax filing/reporting requirements.
Q2: What are the state fees for forming an LLC in Florida?
- A2: The state fees for forming an LLC in Florida are $358, with an additional $140 per year for company licensing.
Q3: What are the state fees for forming an LLC in Wyoming?
- A3: The state fees for forming an LLC in Wyoming are $260, with an additional $60 for a seller permit. The yearly company licensing fee is $60.
Q4: What are the state fees for forming an LLC in Missouri?
- A4: The state fees for forming an LLC in Missouri are $180, and no unique address is required.
Q5: What are the state fees for forming an LLC in Colorado?
- A5: The state fees for forming an LLC in Colorado are $170, and no unique address is required.
Q6: What are the state fees for forming an LLC in Delaware?
- A6: The fees for forming an LLC in Delaware are to be determined (TBD).
Q7: What are the state fees for forming an LLC in Illinois?
- A7: The state fees for forming an LLC in Illinois are $306, and only those with a Social Security Number (SSN) can apply.
Q8: What are the state fees for forming an LLC in New York?
- A8: The fees for forming an LLC in New York are to be determined (TBD). The process is complex, and a team lead will need to connect with you for further details.
Q9: What are the fees for custom LLCs in other states?
- A9: The fees for custom LLCs in other states are to be determined (TBD).
Q10: What services do you provide?
- A10: We provide LLC formation services in various states, including state fees, unique physical business addresses, registered agent services, EIN, seller permits, reseller certificates, and business bank accounts.
Q11: How do you provide a unique business address for Amazon requirements?
- A11: We provide a unique business address verified through the state government website and relevant departments via email, ensuring compliance with Amazon’s Section 3 rule.
Q12: What is your company’s registration status?
- A12: Our company is registered with SECP since 2021, ensuring your security by charging service fees only after the company formation.
Process
Q13: What is the process for forming an LLC?
- A13: The process involves filling out a Google form with required documents, creating a WhatsApp group for communication, paying state fees on the state government website, and receiving the LLC certificate in 13-14 business days.
Q14: What documents are required for forming an LLC?
- A14: You need to provide a passport, CNIC (front and back), utility bills (600dpi), home address, and date of birth.
Q15: How is the payment made for state fees?
- A15: During the payment process for state fees on the state government website, our team will leave your screen so you can pay securely.
Q16: What are the next steps after forming an LLC?
- A16: After forming an LLC, we will apply for your EIN, bank accounts, seller permit, and Amazon business account.
Timings
Q17: How long does it take for LLC formation?
- A17: LLC formation takes 13-14 business days.
Q18: How long does it take to obtain an EIN?
- A18: Obtaining an EIN takes 13-14 days.
Q19: How long does it take to open a bank account?
- A19: Opening a bank account takes 2-3 days, with a one-time account opening fee of $35.
Q20: How long does it take to get a seller certificate?
- A20: Getting a seller certificate takes 13-14 days.
Q21: How long does it take to set up an Amazon account?
- A21: Setting up an Amazon account takes 2-4 days.
Requirements
Q22: What are the requirements for obtaining a seller permit?
- A22: You need your company details, EIN number, and bank account details.
Q23: What is a reseller certificate?
- A23: A reseller certificate allows businesses to purchase goods without paying sales tax and can waive VAT.
Q24: What are the requirements for obtaining a reseller certificate?
- A24: You need your company details, EIN number, and seller permit details.
Q25: What is required for Amazon account setup?
- A25: You need your company details, EIN number, address, full name, and must complete selfie verification with your passport.
Specific Scenarios
Q26: What are the additional charges for EIN and bank account setup?
- A26: EIN charges are $200, and bank account setup charges are $50.
Q27: What is required for Amazon private label or wholesale?
- A27: For Amazon private label, you need a seller permit to waive VAT. For wholesale, you need a reseller certificate as a contract/agreement.
Q28: What documents are needed for various processes?
- A28: You need a passport, CNIC (front and back), utility bills, home address, full name, email, and date of birth.
Annual Renewals and Additional Fees
Q29: Are there annual renewable fees?
- A29: Yes, there are annual renewable fees such as franchise report fees, address fees ($100), and registered agent fees ($35).
Trademark Registration
Q30: What is a trademark, and what are the related fees?
- A30: A trademark prevents others from using your brand name. Trademark registration fees are $250 plus additional charges for expedited processing.
Q31: How long does it take to verify a trademark?
- A31: It takes 2 days to get a serial number and can be verified on the United States Patent Office website in 3 days.
Q32: What are the charges for brand registry and product image verification?
- A32: Brand registry charges are $60, requiring a product image with your hand. The cost for one trademark is $250, with an additional $150 for each new trademark.
Tax Information
Q33: What are the federal income tax requirements?
- A33: Federal income tax, paid to the IRS, ranges from 18-22% depending on the line of business. Every LLC owner is required to pay this tax.
Q34: What are the state income tax requirements?
- A34: State income tax varies, with some states like Florida having zero state income tax. Franchise tax reports are also required.
Q35: What are the sales tax requirements?
- A35: Sales tax is reported quarterly, typically around 20-22%.
