Anyone used LegalZoom to Form a LLC?

Goals, Business Plans & Entities 40 Replies

Team
I am looking to form a LLC through Legal Zoom or Incorporate.Com or some other site (LLC.COM). Which one is best? The rates are almost the same if I include Tax ID preparation and receiving, Operating Agreement, Expedited Processing, Registered Agent for 1 Yr, etc. (works out to about $650.00 total). Suggestions, please?

Cheers
Ram

I would just have an attorney form it for you...they do it all and it will cost between 300-500 bucks. $650 to do the LLC sounds high.

I did one on LegalZoom for 150 bucks. No reason to have an agent, I filed in my own state using my EIN obtained on line for free.

EIN is your Employer Identification Number. You can get one for your business by going out to the .gov web site. They are free. When you setup you business banking accounts, this is the number that you use. You also use this number on credit applications.

Just wanted to add that I’ve used The Company Corporation "incorporate dot com" in the past, and they’ve been a big help. I wasn’t sure of a lot of the steps, and they do a pretty good job of guiding you. I’ve gotten help with my Inc, business license, EIN, Web site, business credit, you name it. Prices are reasonable too. Hope this helps anyone who’s researching their options.

Havent used legalzoom for an LLC, but i have for a provisional patant i have and they were very good.

I used MyNewVenture.com a few years ago I believe it was under 200 dollars. The cost to do it yourself was about 75 at the time for California.

My state (NJ) has its own site for creating an LLC. I've done 2. Cost is $125 and the online process is easy. Check your state's .gov site.

We used them to form our LLC, we went ahead and did the EXPRESS............ It worked out GREAT !!!! and fast. a little under $400........ in my opinion it was worth it.

:groovy:

legalzoom is convenient but frankly is not worth it. register through your state at half the cost, the forms you can download for free.

Originally posted by "dtwilson":
legalzoom is convenient but frankly is not worth it. register through your state at half the cost, the forms you can download for free.

QFT.

Doing it yourself it much more cost effective. You have to give these sites all of your info anyway. You could be using that time to type your information directly onto the forms. Lawyers here charge $1200, but that's my problem.
One other thing I have heard of is filing in Delaware. Anyone hear about the benefits of that?

we used them here in minnesota and it cost use about half of what it would have going through a lawyer.

I've formed my LLC and am trying to get my EIN from the irs.gov website. I formed the LLC in CT (plan to do business there) but live in NY. The site asks questions about the LLC's physical address. Has anyone tackled these questions? I've been on hold with the irs for 20 min. Any help would be great!

Yes, I would recommend LegalZoom. I created a LLC and a DBA through them buy while paying for priority processing, registered agent, etc. Either way, using an attorney or LegalZoom, you can't go wrong.

I wouldn't pay anyone else to set them up. It's very simple in the state of Michigan. I've successfully setup several and gotten the EINs, too. It only costs $50.

When I set up my llc, I thought about going to one of those online sites. I read that setting up your LLC is only like 10%. The real protection is how it is set up and you need an attoreny for that. Things like resolutions, notice of meetings, minutes, etc. Some of the stuff i still don't understand. If you have limited knowledge, then I would suggest you use an attorney who can explain in detail, what needs to be done to fully protect your assets. "You don't want to be exposed" - thats what the lawyer said.

I went with the attorney simply because of my lack of knowledge. Now I know, I have a solid entity that will protect me. Mines cost around 500 in nevada. Its ok, if you want save some money and to get it online, but make sure its compliant.

One hot roll of the dice can pay for that!!!!

I recently formed an Iowa LLC through Legalzoom and was very satisfied with the service and speed. It cost me $190 for the 'economy' package. I got the EIN number on my own for free from the IRS website https://sa1.www4.irs.gov/modiein/individual/index.jsp (which took me like 5 minutes).

I would definitely not pay for them to get the EIN for you- it's a waste of money considering how easy it is to DIY.

Owen D., ODD Properties, LLC | http://www.sellmyhousinomahafast.com

companiesinc.com has been around and is recommended

Originally posted by Mark Yuschak:
I wouldn't pay anyone else to set them up. It's very simple in the state of Michigan. I've successfully setup several and gotten the EINs, too. It only costs $50.

I couldn't agree more. It's very easy in MI and just a matter of filing out the form and getting EIN. Also like you said it's very reasonable in cost.

Originally posted by Joe Bauer:
I've formed my LLC and am trying to get my EIN from the irs.gov website. I formed the LLC in CT (plan to do business there) but live in NY. The site asks questions about the LLC's physical address. Has anyone tackled these questions? I've been on hold with the irs for 20 min. Any help would be great!


Hi Jon,

Hopefully you're off hold by now with the IRS, lol, but your physical address would be your NY address, but you will need a Registered Agent with a CT address in order to file for your LLC. You will need a CT Registered Agent for as long as you have your LLC. I'm assuming you got this resolved by now, but I posted to help anyone else that might have that same question.

I formed my LLC with Legal zoom. It was a piece of cake and they are totally available for questions and changes.

EIN # online is a piece of cake too!

I used my attorney.