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formation

How to Form an LLC — Step by Step

By BookMyLLC ExpertJanuary 15, 20268 min read
How to Form an LLC — Step by Step

Formation Methods: Cost vs. Time Comparison

Comparing the true cost of business formation methods

Estimated Total Cost

DIY Filing~$100 - $300 (Varies by State)
Local Attorney~$1,500+
BookMyLLCFrom $249

Time Investment

15+ hrs
DIY
10 hrs
Attorney
15 mins
BookMyLLC

Why choose the middle path?

1

DIY Risks Costly Mistakes

Doing it yourself seems cheap, but missing a single compliance step can cost thousands in state fines later.

2

Attorneys are Expensive

Lawyers charge $200-$400 per hour for paperwork that can be automated accurately and safely.

3

The Smart Advantage

BookMyLLC provides attorney-level accuracy in a fraction of the time, for a fraction of the cost.

Step-by-Step LLC Formation Guide

Forming an LLC is straightforward when you follow the right steps. This guide walks you through choosing a state, filing Articles of Organization, creating an Operating Agreement, getting an EIN, and opening a business bank account.

Step 1: Choose Your State

You can form an LLC in any state, but Delaware, Wyoming, and New Mexico are popular choices for non-residents due to privacy and tax benefits.

Step 2: File Articles of Organization

This is the official document filed with the Secretary of State. It includes your LLC name, address, and registered agent information.

Step 3: Get an EIN

Your Employer Identification Number is like a Social Security number for your business. It's free from the IRS and required for banking and taxes.

Step 4: Open a Business Bank Account

Separate your personal and business finances by opening a dedicated business bank account.

The Formation Process

1

Name Your Business

Perform a quick search to ensure your desired LLC name is available in your state.

2
3

We File the Paperwork

Our experts draft and file the Articles of Organization with the Secretary of State.

4
Average processing time: 2-3 business days

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