Results 1 to 12 of 12
  1. #1
    Join Date
    Sep 2002
    Location
    http://www.hostriot.com
    Posts
    135

    Registering as LLC...

    What do I do so I can legally register my hosting company as a LLC? What are the benifits? Why should I register? How many of you web hosts are registered as a LLC? Is LLC the best for a web host and design company to register under?

    Alot of questions hehehe

    Thanks In Advance,
    -hostriot

  2. #2
    Call and set up an appointment with an Accountant. LLC's are not for everyone. I'd talk to a professional if I were you.

    You can also do a search, I was just looking at this a few months ago and there were lots of posts.

  3. #3
    Join Date
    Oct 2002
    Location
    Hershey, PA
    Posts
    287
    try www.mycorporation.com, they will do it for you if you don't mind paying the fee...
    IQ Studio
    www.IQStudio.net
    [email protected]
    Create.Design.Innovate

  4. #4
    Join Date
    Sep 2002
    Location
    http://www.hostriot.com
    Posts
    135
    Link doesnt work

  5. #5
    He had an extra comma on the end:

    http://www.mycorporation.com

    Has anyone actually used them to register their company?
    Justin Heiser
    www.hostakron.com
    Affordable and reliable web hosting solutions

  6. #6
    Join Date
    Aug 2001
    Location
    Orange County, CA
    Posts
    532
    We used or suggested "The Company Corporation" a couple times and have been very happy with the results.

    They're very quick if you know what you want, and will do all the filing for you. If you prefer to incorporate or organize in a state outside that which you are located (i.e. for benefits: Nevada, Delaware) -- you can use one of their "Registered Agents" in that state.

    It's a good system, and they've been around for a LONG time.

    http://www.incorporate.com/
    Jeff Standen, Chief of R&D, WebGroup Media LLC. - LinkedIn
    Cerb is a fast and flexible web-based platform for business collaboration and automation. http://www.cerbweb.com/

  7. #7
    Organizing your business as an LLC will make your company a separate entity from yourself (i.e. if you get sued, you won't lose your house). It will also make your business much easier to sell should you reach that point in the future. When compared to a sole-proprietorship/partnership, taxation will be a little more complicated, and you'll need probably need to get an accountant to prepare your tax stuff. I'd say go the LLC route if you plan on significant growth in the future, or if you are dealing with high risk projects (e.g. which could possibly have legal repercussions).

    If you are setting up an LLC, call up your state attorney general's office and ask them what to do to file. I live in VA and filing entails filling out a couple of simple forms, and then getting a Tax ID # which can easily be done over the phone. The IRS makes the process very easy so that they can get your money as painlessly as possible.

    JayC seems to be a fairly knowledgable guy regarding incorporation, so you might consider asking him for some advice.
    i beat the internet. the end guy is hard

  8. #8
    For a web hosting company organizing as a LLC is generally the way to go.

    It has the protection of a corporation

    It has the tax benifit as an individual owner

    For California check out link:

    http://www.ss.ca.gov/business/filings.htm

    Don't only trust an accountant. They only deal with financials.

    In many states you don't need a lawyer.

    Suggestion: Look up in the local phone book for Small Business Development Center and you can get quality free business consulting and often legal advise. (Highly recomended)

  9. #9
    Join Date
    Sep 2002
    Location
    CA , US.
    Posts
    364
    DimeSites : on that link it states "Professional limited liability companies are restricted in California at this time. " <-- what does this mean?
    { if Need Graphic Design? then Ask Graphics }
    @ http://www.askgraphics.com

  10. #10
    Join Date
    Aug 2001
    Location
    Orange County, CA
    Posts
    532
    I recall Lawyers, Doctors, Banks, etc. being restricted in how they can organize as an LLC/LLP. I believe thats what the "Professional" line refers to here in Calif.
    Jeff Standen, Chief of R&D, WebGroup Media LLC. - LinkedIn
    Cerb is a fast and flexible web-based platform for business collaboration and automation. http://www.cerbweb.com/

  11. #11
    Join Date
    Oct 2002
    Location
    NC, USA
    Posts
    9
    Registering your company as an LLC is really simple. Every state has its own rules for LLC's. Also, depending on your state it may benefit you to look at registering your company as an LLC in another state eventhough you operate from a different state. email me if you want to discuss in further detail.

  12. #12
    Join Date
    Jan 2001
    Location
    Illinois, USA
    Posts
    7,147
    Originally posted by jstanden
    I recall Lawyers, Doctors, Banks, etc. being restricted in how they can organize as an LLC/LLP. I believe thats what the "Professional" line refers to here in Calif.
    hmph.....I have yet to meet a professional lawyer

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •