LLCs in Colorado are affordable and easy to train. As with other states, the State of Colorado has unique requirements llc. It`s time to formally form your LLC by filing your statutes with the Colorado Secretary of State. Below are the forms and fees required to form an LLC in Colorado: Thank you for this clear and concise information!!!!! But, HELP!!!! We have an LLC founded in Colordo in 2014. We`re a TWO-member LLC right now (probably forever) and I live in Texas and the other founding member lives in Colorado. I am the financial and tax member of the LLC. We are an educational services agency that has clients across the United States. I wanted to register the LLC as a foreign entity in Texas ($750) and dissolve the Colorado LLC because I`m here in Texas and I also want to avoid dealing with Colorado state taxes. Based on your videos and resources, it seems like we shouldn`t try to “move” the LLC?!? Thoughts? TRUiC offers a number of free LLC legal forms to help create documents, such as: Excellent information here. They have already been of great help to me in the early stages of starting my new business. A limited liability company (LLC) is a business entity that protects owners from personal liability for corporate debts, offers direct taxation, and provides a more flexible management structure than a corporation. To form an LLC in Colorado, you must file the settlements with the Secretary of State with a $50 filing fee.

However, you must first choose a name for your LLC and appoint a registered representative. In Colorado, you can only submit organization articles online, and the state will process your forms the same day. Here we will guide you through the steps you need to prepare your LLC for business. They may send you an email if a form has been submitted, if reports or renewals are due, or if the status of your LLC has changed. It is not mandatory. All forms must be filed with the required filing fee. Thank you for the lesson on LLC training in Colorado! A reputable certificate confirms that your LLC has been legally incorporated and properly maintained in Colorado. Several cases where you might need it are: Decided that an LLC is right for you, but you don`t know how to get started? Learn how to form an LLC in Colorado, including advice on the forms you need, how long the process will take, information about fees and taxes, and more. Our information and tools provide educational resources, allow you to connect with other women entrepreneurs, and help you run your business with ease. All you have to do to download the forms is to sign up forever for the TRUiC Business Center, which is also free. If multiple members submit together, you can add additional information as an attachment.

If a third party submits for you, their name and address will go here. If you form the LLC under another business entity, e.B. If you have a holding company that owns multiple companies that you own, you can also use that entity`s information here. Great job on videos. Easy to follow and understand, but I haven`t finished them all yet. Do you have educational videos for non-U.S. citizens to form an LLC in the United States? I am not an American citizen, but I lived in Colorado for about 7 years. I worked as a researcher in Colorado and I have an NSS, but I am not a citizen, as I mentioned earlier. I also have an active bank account in Colorado that I use for my current amazon online business. I want to expand my online business to other platforms and have my own online store. Welcome and thank you for the answer! I also came across your article on database administrators over the weekend, which was very helpful to me. I appreciate the information you provide through your website and videos, and I know I`m not the only one! Thank you again for everything you do to help budding entrepreneurs like me and others!!! Form an LLC with multiple owners? Next, you need to add information for additional owners in the form of a PDF or plain text attachment.

If you have an employee or other third party filing the LLC documents for you, their name will also be listed here. Don`t forget to file your periodic report annually to update your information with the state and make sure your LLC maintains a “good reputation.” (This is important for things like opening a business bank account and getting a loan!) An EIN (Employer Identification Number) is the number that the IRS uses to identify your business on tax returns. It`s similar to a Social Security number, but for businesses. You can get an EIN directly from the IRS for free, either on the IRS website (the fastest way) or by mail. If you do not have a Social Security number, you will need to submit the paper form. What is a registered agent? A registered agent is a physical or business entity responsible for obtaining important tax forms, legal documents, lawsuits, and official government correspondence on behalf of your business. Consider your registered agent as your company`s point of contact with the state. We`ve created a free DIY course to guide you step-by-step through training your Colorado LLC. Hey Moe, thank you for the kind words! And good question. Usually, most non-U.S. citizens don`t have an SSN, so the way they need to get an EIN from the IRS is different, but that`s not the case in your situation.

When forming an LLC, everything will be exactly the same for you (as it will for U.S. citizens). Nothing is different. If you live in Colorado and will be working from there, it`s best to form an LLC in Colorado. Colorado is very business-friendly and has low llc fees, so it`s a great state. Once your LLC is approved and you receive an EIN from the IRS, you must open an LLC checking account with your bank (or another bank). instead of using your existing bank account. I hope this helps! b) Contact information for your LLC`s registered representative, who must be located in Colorado – and accepts the appointment.

A registered agent is the Secretary of State`s point of contact, the person the state will contact for legal or procedural advice or subpoenas. You said in your video that if I`ve formed an LLC in the past, I`ve never done anything with it, I got that one, but I`ve never filed a periodic tax report, but I don`t do business with my LLC, I`m just going to let it dissolve. Does this really mean I`ll never be able to form an LLC in Colorado again? Hello Scott, gladly done! This section is for the LLC organizer. An LLC organizer can be an LLC owner (member), but a company hired by someone to form an LLC can also be the organizer of the LLC. For this reason, the Entity option is located in this section. I hope this helps! Deposit window: Due within 5 months, from 2 months before and 2 months after the date of creation of the LLC. For more information, visit the Colorado Secretary of State`s website. Colorado LLLs are required to submit an annual report each year, known in Colorado as a periodic report. The purpose of the annual report is to provide the government with up-to-date contact information for your business and to inform them if the business has changed ownership. Fortunately, Colorado has a low annual reporting fee: only $10. Super useful information here – thank you! I was looking for more information about the need for a reputable certificate and luckily I stumbled upon this page to see that I don`t have to pay $70 for one, phew! Which brings me to my second application, I received a notice of compliance with labor law and wondered if I am the only “employee” of my company (which is in the early stages), do I need to buy mandatory work posters to display in my home? Or does it meet compliance when I print current regulations? I just don`t know if I have to pay $84 for the posters that were sent to me. When you receive an EIN, you will be informed of the different tax classification options available.

Most LLCs choose the default tax status. c) The “real name” or legal name of the person who forms the LLC. 1. Forms. Those who wish to form an LLC in Colorado must file their articles with the Secretary of State with the required filing fee. Articles of association can only be submitted online. To formally form your LLC, you must submit the organization`s articles. In Colorado, you must submit your papers electronically through the Colorado Secretary of State`s website. For more in-depth help filling out the form, check out our guide to Colorado organization articles. How long does it take for an LLC to be approved? LLC applications are processed immediately online. The names and addresses in the bylaws are part of the public record – meaning that if you enter your home address in this form, customers, marketing companies and everyone else can find this information online.

The best way to keep your personal information private is to hire a company of registered agents to provide their address on public forms instead of their own – like us. (h) the name and address of the person submitting the form. If you enter into a relationship with an accountant once you`ve formed your LLC, make sure you get the best advice from the beginning. .