/Amanda Beren
Amanda Beren

About Amanda Beren

Amanda Beren has worked for CorpNet and the Akalps’ prior business incorporation service for almost 15 years. She started working for CorpNet at age 19. As a Senior Document filing expert, as well as a 50 State Business Filings Expert, Amanda is responsible for processing documents, making sure the business filings are done correctly and efficiently and creating a complete and current document library and order fulfillment process. Amanda is mother to a beautiful daughter named Holly, and has a fat cat named Rocky.

What are the Fees for Forming an LLC in DE?

Welcome to Delaware USA Road SignDid you know: 60% of the Fortune 500 have made Delaware their legal home. It’s a popular choice for both corporations and LLCs because of its small business-friendly economy and laws.

If you’re considering starting a business in Delaware, consider the LLC as your business structure. Not only will it protect your personal assets, but it also requires less formal paperwork than its cousin, the corporation.

Here’s what you need to know if you plan to form an LLC in Delaware.

Who to File With

The Delaware Division of Corporations is the entity to file your LLC paperwork with. If you hire CorpNet to file your Delaware LLC paperwork on your behalf, we will send it to the Division of Corporations for you.

You Need a Registered Agent

A registered agent is an individual or business that is authorized to act on your behalf with the State of Delaware. If you do not have a physical presence in Delaware, your registered agent will receive your LLC paperwork and documents on your behalf. Continue reading “What are the Fees for Forming an LLC in DE?” »

By | November 5th, 2015|Business Filings, Fees for Starting a Business|0 Comments

[NEWS] What You Need to Know About Nevada and Taxes

Long known for having no income tax and being a popular choice for incorporating a business, Nevada has some big changes underfoot that could affect you if you run a business (or are incorporated there).

Big News: a Commerce Tax

Nevada recently implemented a commerce tax that applies to every business that is engaged in business in the state. The good news is: while you have to file a tax return, you don’t actually have to pay any tax unless your gross revenue in Nevada for the taxable fiscal year is over $4 million.

The tax rate depends on the industry you’re in, but ranges from 0.051% for Mining, Quarrying, Oil, and Gas Extraction businesses to 0.331% for businesses in Rail Transportation.

The Details

Nevada’s taxable fiscal year starts on July 1 and ends June 30. If you use a different taxable year to report your revenue for taxes, you’d use your internal records to calculate and report your gross revenue in Nevada for the fiscal year used in the state.

Remember: even if you don’t bring in more than $4 million, you still have to file your tax return. The return (and commerce tax, if you owe it) are due within 45 days of the end of the fiscal year, which means they’re due August 15. The first time you’ll need to file and pay will be in 2016 (for 2015 taxes). Continue reading “[NEWS] What You Need to Know About Nevada and Taxes” »

By | November 2nd, 2015|Taxes|0 Comments

Your Questions Answered: What Are The Fees for Forming an LLC in Nevada?

Fire Wave - beautifully striped sandstone rock formation, Valley of Fire State Park, NV.

If you’re thinking about starting a business in Nevada, or already have and want to set it up as an LLC, you probably have a lot of questions about why an LLC is best for you.

Before we get into the costs for forming an LLC in Nevada, let’s address some of your other questions.

What are the Benefits of Forming an LLC in Nevada?

Nevada LLCs provide plenty of benefits for entrepreneurs in that state. For one, your personal assets are protected. If your business were ever sued, your personal assets could not be taken as long as you operate an LLC (or corporation). If you operate as a sole proprietor, your assets are vulnerable in this situation.

Another benefit for LLCs in Nevada is that you can take advantage of what’s called pass-through tax. Rather than filing a separate tax return for your business, you simply pass on the profit and loss to your personal income tax forms come April.

Business owners like the LLC business entity because the business structure can outlive them, and can be transferred to a new owner should they sell their business in Nevada. Also there are fewer formalities with the LLC than the corporation, which is a benefit for busy entrepreneurs.

What are the Costs to Form an LLC in Nevada?

Now the question you’ve been waiting for: what are the fees to form an LLC in Nevada? If you do the paperwork yourself, you’ll need to pay a fee of $75 when you submit your LLC paperwork with the Nevada Secretary of State. If you want your paperwork processed faster, you can pay a $125 expedite fee. Continue reading “Your Questions Answered: What Are The Fees for Forming an LLC in Nevada?” »

By | October 8th, 2015|Fees for Starting a Business|0 Comments

How to Research the Permits and Licenses You Need to Start Your Business

775_4538167One of the first things you need to do when you start a business is apply for any and all business permits and licenses that you’re required to have.

The 411 on Business Permits and Licenses

Every state, county, and city has requirements for the companies that do business there. It can be challenging to keep up with requirements at every level, but if you fail to apply for the appropriate business permits, your company could be fined or even shut down.

The purpose of business licenses and permits is to ensure that the businesses in your community are following certain regulations and procedures in their operations. For example, every single restaurant in your town has to have a Food & Beverage license in order to serve food and drinks. License holders are required to take a food safety course so they know the proper way to prepare and store foods, and keep their customers safe. Continue reading “How to Research the Permits and Licenses You Need to Start Your Business” »

By | August 19th, 2015|Business Checklists, Business Operations|0 Comments

Articles of Organization – The Florida LLC

285_2757032Florida is a fantastic place to run a Limited Liability Company. The small business environment is conducive to helping entrepreneurs succeed, and the fact that there is no state tax is reason enough for many to start a business in Florida.

Why Consider the Florida LLC?

The LLC is a fantastic business option in Florida for many reasons. Because you as the business owner are separate from the business entity, your personal assets are protected in the event that your business accrues debt. Should you want to transfer ownership of the company down the road easily with the LLC. Unlike a sole proprietorship, an LLC can outlive you.

If the corporate formalities of a Florida corporation are more than you want for your small business, you’ll appreciate that the LLC requires fewer formalities like annual meetings and record keeping.

For business owners who aren’t American citizens, or who don’t have permanent residences in Florida, the LLC business structure provides a way to get the legal entity you need. And lastly, with an LLC, you benefit from pass-through taxation.

Now let’s look at a key component of becoming an LLC: your Articles of Organization. Continue reading “Articles of Organization – The Florida LLC” »

By | July 16th, 2015|Business Filings, Forming An LLC|0 Comments

Registered Agent: What is It and Why Do I Need One?

609_3569010I talk from time to time about why having a registered agent is such a good idea for a busy small business. You may have heard of a registered agent but not really known what the heck it was. Here I want to educate you on what a registered agent does, as well as help you understand why you might want one.

In a Nutshell…

A registered agent, sometimes referred to as a resident agent or an agent for service of process, is a person or company officially recognized by the state where you incorporated or registered as an LLC to accept service of process on behalf of the corporation. What’s “service of process,” you ask? That’s simply the paperwork that you are sent about your corporation. So that could be your notice to file your annual report each year, or legal paperwork if you become involved in a lawsuit.

The registered agent has a physical location in the state where you incorporated (not sure where to incorporate? Here’s help deciding). You can’t simply designate your Post Office Box or other “mail service” as your registered agent because the agent must be available Monday – Friday, 8am to 5pm at the location you specified on your Articles of Incorporation or Organization in order to accept service of process. Continue reading “Registered Agent: What is It and Why Do I Need One?” »

By | July 13th, 2015|Starting a Business|0 Comments

How to Become an LLC for Under $200

775_3914781Looking to form an LLC? It’s probably more affordable than you’d think. Let’s look at the costs involved to becoming an LLC, as well as your options for filing.

First, Your Options

If you like doing things yourself, you can download the LLC paperwork from your state’s Secretary of State office. It’ll take a little legwork, but it’s the cheapest option, as you only pay the filing fee.

However, if you’re in a hurry or simply want to hand over your LLC paperwork to professionals who have filed thousands of LLCs, you can hire a business filing service like CorpNet. When we handle your LLCs, you get a Name Availability Check, fast filing, and a year of Registered Agent service. You can even get your LLC paperwork reviewed and approved in as little as 5-7 business days with our express service.

Now, the Costs

To become an LLC, there are a few costs involved that you need to know about. First, there’s the filing fee that you pay when you file your LLC paperwork.This covers the administrative costs of processing your application, checking that your business information is correct, and then approving your business as an LLC. Continue reading “How to Become an LLC for Under $200” »

By | June 10th, 2015|Forming An LLC|0 Comments

Fees for Incorporation in the State of Florida

285_2695833Are you starting a business in the Sunshine State? Then you’re probably curious about the fees for incorporation in the state of Florida. But before we get into the costs to incorporate in Florida, let’s look at what’s required for your business to become a corporation.

Steps to Incorporate in Florida

The first thing you need to do is to make sure the name you want for your company is available in Florida with a free name search. You are required by Florida law to include “Corporation” or “Corp.” at the end of your business name. You can’t reserve the name you want, but can register it when you file your incorporation paperwork.

Next, you’ll need to register your corporation with the Division of Corporations of the Florida Secretary of State. You may also need to file your corporation paperwork with the Department of Business and Professional Regulation if you work in certain professional industries.  To register as a corporation, you can do it yourself or let a professional business filing company do it for you.

After you’re approved to operate as a Florida corporation, you will need to hold the first official meeting for your corporation and adopt Bylaws. Then, apply for a Federal Employer Identification Number (EIN) under your new corporate name. In Florida, this will also serve as your State Tax Identification Number. Once you have your EIN, you can open a bank account under your corporate name. You may need to bring a copy of your EIN document and your Certificate of Status from the Secretary of State. Continue reading “Fees for Incorporation in the State of Florida” »

Fees for Forming an LLC in Florida

285_2690841So you’ve decided that forming an LLC in Florida is the best move for your small business. Congratulations! The LLC is preferred by many small business owners because it serves as a kind of hybrid business structure: it’s got the best features of corporations, combined with those of limited partnerships. Best of all? The LLC protects your personal assets and creates a legal separation between you and the business.

What Are the State Fees for Forming an LLC in Florida?

I’ll get right to the point; you’re here because you want to know about the fees for forming an LLC in Florida. We’ll cover that, then talk about the ongoing fees you’ll be responsible for to keep your LLC compliant with the state of Florida.

In comparison to the cost to form an LLC in other states, doing so in Florida is moderately reasonable.

When you initially apply to form an LLC, your LLC filing fees for your Articles of Organization and designation of registered agent are $125. This is mandatory. You will receive a complimentary letter of acknowledgement once your business is approved to operate as an LLC.

Now, additionally, you can request a certified copy of your Articles of Organization for an extra $30. This is optional. Why would you want a certified copy? This certifies that your Articles of Organization are true and correct, and many banks will require a certified copy. It never hurts to order one when you apply for your LLC. Continue reading “Fees for Forming an LLC in Florida” »

Businesses Incorporated in Texas Need to Fill Out an Annual Report By May 15

506_4771957Before you form an LLC in Texas or incorporate a business in Texas, it’s important that you know what your responsibilities will be in reporting on your business in future years. If you’ve already formed an LLC or corporation, you need to be aware of an important deadline on May 15.

That’s the date your Annual Report — also called Franchise Tax Report — is due. Here’s what you need to know to ensure that you stay compliant with the state of Texas.

The Rules are Different For Your First Year

When you first incorporate in Texas or file an LLC, you have one year and 89 days from your start date to file your initial report. After that, your Annual Report is due May 15 each year.

What Goes on a Texas Annual Report

When you fill out this document, either online through the Texas Secretary of State website or on paper, you will fill out some basic information about your company. If anything has changed in the past year, it’s essential that you update that information in the report, whether your business changed addresses or you made any alterations to your Board of Directors. Continue reading “Businesses Incorporated in Texas Need to Fill Out an Annual Report By May 15” »

By | April 24th, 2015|Business Filings|0 Comments