- December 13, 2019 1:00 pm
If this article caught your eye, it’s probably because you’re eager to get from Point A, the dream of starting your business, to Point B, the reality of your business. So, what vehicle will get you there fastest? A Ford? A Ferrari? That new Tesla Cybertruck? Okay, maybe not, but we can definitely show you how to get your LLC formed fast without making you furious.
In previous articles, we’ve walked you through the steps you need to follow when forming an LLC, but this time let’s focus on speed. There are many reasons someone would want to launch their LLC as soon as possible, everything from being able to open a business bank account to hiring employees. And, of course, the sooner your LLC is formed, the less time you’ll be vulnerable to liability.
The first thing you should know is that how fast you can file the paperwork to officially start your LLC varies by state. Most states now have the option to file your “articles of organization” (the name given by most states to describe the paperwork for forming an LLC) online through the secretary of state website. That’s usually the fastest and easiest option, but some states don’t have it; in those places you might have to use a fax, go to the office in person, or use the slowest option, postal mail.
Thankfully, many states give you the option of a faster filing speed in exchange for a fee. If you use ZenBusiness’s business filing service, we can further speed things along. In every state we have multiple filing speed options. The average LLC processing time is three to four weeks, but you can kick it into high gear by purchasing our “Expedited” filing speed, which usually gets things done in one to two weeks. If you really want to put the pedal to the metal, there’s our “Rush” filing speed, which can cut your time down to three to five business days.
Because states vary so much in terms of time and fees, the times above are only estimates. To give you a more accurate idea as to the amount of time your filing will take and how much it would cost to use either the Expedited or Rush services, we’ve created a map. Click on your state to see not only the filing times, but also the state fees.
Of course, the filing time we’ve been discussing is the time between submitting your paperwork to the state and the time of them granting approval. That approval can only be granted if you first provide them with all the necessary information, so don’t let that become a roadblock—gather all the info they need ASAP. Again, states vary in what information they require from you in the LLC formation process, but here are some of the most common things they’ll want to know:
Here are a couple other things to remember when you’re heading down the final lap:
Even after you see that checkered flag and have your LLC officially filed with the state, there’s more to do to keep you from being disqualified. You’ll need to think about an operating agreement, EIN, tax registrations, permits, and licenses. But if you choose ZenBusiness to be your pit crew, we can keep you in the race with low-cost services to help you run and grow your business. Chat with one of business experts today to see how we can get you moving.
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