Limited Liability Companies
The Pros and Cons of LLCs
The benefits of an LLC include flexible management structure and tax status, asset protection, flexible ownership structure, and professional LLC status in most states. However, there are drawbacks to an LLC as well: some states limit the liability protection for single member, not every state allows Professional LLC status, investors may require a corporation, and some of the laws are not as developed as for other types of businesses.
Initial package costs are below. Should you require additional services once your LLC is formed, Vandenack Weaver Truhlsen will provide a quote prior to starting any work. Additional services could include Minute Books, Registration of Trade Name, Registration of Trademark, Company Policies and Procedures, and many others.
Single Member LLC
- Certificate of Organization
- Notice of Organization
- Federal Tax ID Number (EIN)
- State Tax ID Number (if requested)
- Operating Agreement
- Contribution Agreement(s)
- Organizer Consent
- Member(s) Consent
- Manager Consent
- Written Notice of Membership Interest
- Organizational Letter
*plus filing and publication fees
Multiple Member LLC
- Up to 4 Members
- Certificate of Organization
- Notice of Organization
- Federal Tax ID Number (EIN)
- State Tax ID Number (if requested)
- Operating Agreement
- Contribution Agreements
- Organizer Consent
- Members Consent
- Manager Consent
- Written Notice of Membership Interest
- Organizational Letter
* plus filing and publication fees
*All packages are subject to increased fees for complex organizational structures.
Professional LLC
- All documents are customized to your entity based on your input.
- All documents are reviewed by a licensed attorney.
- Tax status of your entity will be reviewed during the formation process.
- We will obtain tax ID numbers and provide support with all required tax filings, if necessary.
- Service includes detailed Organizational Letter outlining ongoing responsibilities and considerations for operating your business.
- Most entities will be formed within 48 hours.
- Payment accepted via PayPal.
20+ Yrs
Serving NE, IA, MI
11
Experienced Attorneys
1000+
Businesses Formed
2500+
Happy Clients
