How do I create an LLC?

Creating an LLC is fairly simple, but the specific procedures vary from state to state.

Some of the basic information you will usually need is:

• A name for the LLC.
• An address for the LLC.
• The original members of the LLC.

A large number of businesses are incorporated in the state of Delaware as it offers many advantages.

The guidelines for establishing an LLC in the state of New York can be found at: http://www.dos.ny.gov/corps/llcguide.html and the form is found here.

The form for establishing an LLC in the state of California can be found at:http://www.sos.ca.gov/business/llc/forms/llc-1.pdf

For other particular states please consult their respective websites.

The foregoing is not intended to be, and should not be construed to be, tax advice. This website offers general answers to general questions based on information obtained from www.irs.gov and other publicly available information. Collaborative Fund cannot be held responsible for the results of any position taken on a tax return by any user of this site. Users should always obtain independent tax advice from a qualified tax professional to determine the tax consequences applicable to such user’s personal situation.