We make registering a business easy and fast with our 24 hour guaranteed turn around. Our $199 Colorado LLC Formation service includes all state fees. We file your Articles of Organization, complete your Operating Agreement, act as your Registered Agent and more. Most importantly, we do everything right the first time.
Other providers are slower, plus they put your name, address, phone, email and other personal information online to be easily found with Google. We provide a professional Denver business address for $50 more and can provide full anonymity upon request. We have full virtual offices available, too.
Forming a Limited Liability Company (LLC) is an important first step for every business. Whether your passion is painting houses, consulting, or e-commerce... setting up a company provides tax savings, helps with asset protection and can keep you private. Find more Colorado business registration benefits here.
Below we cover the differences between Sole-Proprietorships, Limited Liability Companies, and Corporations; including what makes forming an LLC in Colorado the most popular choice. Please contact us if you have any questions.
Everything is done online and we will set up your LLC within 24hrs. We will email you your documents and they will always be available in your online document center. After formation, you are only required to file an annual report with the Colorado Secretary of State once a year. This makes Colorado limited liability companies easy to start and maintain.
If you want the full benefit of your LLC, then yes you must have an Employer Identification Number or EIN assigned by the IRS. An LLC must maintain its own bank account and an EIN is required to open the account. You will also need one to file taxes, hire employees, and you may be able to avoid paying sales tax if you can provide one to vendors. In short, if you want to get all the benefits of having an LLC, you will need to get an EIN. We can do it for you, or you may get one yourself from the IRS website.
The corporate veil is the legal concept that a company is its own person, separate and distinct from its owners. A company may enter into contracts and will be liable for its own debts. This separation between the company and its owners also protects the owner's personal assets from company creditors. Only an owner's initial contribution into the company and any assets held by the company can be lost to creditors. A corporate creditor cannot pierce the corporate veil and seize personal assets of an owner except when the owner personally guarantees the company's debts or the owner uses the company to commit fraud.
When you form your LLC with us, ou will receive everything you need to begin doing business. This includes your articles of organization, operating agreement, organizational minutes, resolution to open a bank account, and more. We complete these documents for you with all of the correct information, rather than some providers who supply templates that you must fill out yourself.
Colorado's Secretary of State only requires you to file a periodic (annual) report and maintain a registered agent in Colorado. The annual report is not difficult to file but any information you put in your annual report will become available online for anyone to see. If privacy is important to you, we can file your annual report for you with our information so that your name, address, and other personal information stays out of public records.
Only sometimes will forming a corporation be a better choice than forming an LLC. A corporation's ability to issue preferred shares, which may have enhanced voting or economic rights, is one advantage. Another potential advantage is a corporation's ability to get investments from venture capital and angel investors, who favor corporations as a way to invest. However, rarely will small businesses find the increased cost and complexity of corporation worthwhile. Many mistakenly choose a corporation solely for the sub-chapter S IRS taxation election. In fact, limited liability companies may also be taxed as an S-corp in addition to a partnership, disregarded entity, or c-corporation.
Many small businesses will start out as sole-proprietorships because they are easy to start and require no filings with the state. A sole-proprietorship is any business you under your name, or only a Trade Name/DBA, rather than by forming a company. It is almost certain that you will pay MORE in taxes with a sole-proprietorship and your personal assets will receive no protection in case of an accident or bad debt. Even those pursuing what seem to be simple "hobbies" should considering forming an LLC so that their personal assets will be protected if something goes wrong.
Our law firm specializes in business formations, asset protection, and estate planning. Whether you just need an LLC, or require an asset protection trust, and advanced estate planning, we stand ready to help. Our attorneys have taken companies public and have decades of experience as a Certified Public Accountant and financial advisor. If you have a question just ask.
Do you have a special request? Excellent, we love special requests. Please don't hesitate to contact us if you have any questions.
Colorado is one of the states which does not require owners or managers to be publicly listed. This privacy might seem like a small thing, but it can have a large effect. Do you want your name, personal address, phone, and email listed online? If you use our service it won't be. We put our details everywhere instead of yours. This keeps aggressive creditors, family and neighbors from finding out what you own. Learn more about Colorado LLCs and privacy here.
A sole proprietorship is when the person is the business. A sole-proprietorship is owned by one person and has no legal requirements to start. Many people when they are just starting out with their business opt for this default structure because it makes it very fast and easy to get started. They require no extra paperwork, but in most cases they pay more in taxes and in all cases offer no protection for your personal assets.
Our goal is simple - to provide you with a simple, one stop shop for setting up a business in Colorado. Whether you're in a cottage industry, or manage millions, we are happy to help you form your business in a way that will protect your privacy, protect your personal assets, and provide you with tax benefits. Our site was designed by entrepreneurs who know first hand the difficulties of starting a company. Fret no more - let us do the work for you.
Selecting and forming a business entity that is righ for your needs can be challenging. View our page on incorporating in Colorado to learn about the difference between Sole-Proprietorships, LLCs, and Corporations. After hiring us to form an LLC or Corporation for you, you may use our filings and registered agent services or do it yourself. Whether you need an EIN, or need to file for a DBA, we believe in providing you with the choice of doing it yourself, or letting us handle the paperwork and doing it for you.
Colorado's statutes require a limited liability company name to end with a variation of LLC. This includes LLC, Limited Liability Company, Limited, Ltd., Limited Liability Co., etc. If you do not add one of these to the end of your company name, then by default we will add "LLC" to the end for you so that you comply with Colorado law.
Our law firm only focuses on business formation, trust formation, and estate planning. We don't practice any other type of law in Colorado. Our home page focuses on forming LLCs and Corporations, but your business affairs are only half complete if you don't have an accompanying estate plan.
The foundation of most estate plans is a revocable trust or irrevocable trust. The trust is designed to minimize taxes while providing asset protection and privacy. A trust can ensure your business responsibly passes onto the next generation, e.g. via a specially drafted family trust. A properly drafted trust ensures your chosen beneficiaries will receive what you decide, and your business won't be deprived of cash during difficult times.
Every business owner should have an estate plan so that the business will continue to provide for your family even if you are no longer around. We won't just help plan for your business today, but can draft a comprehensive estate plan which ensures your business partners and family will be are properly taken care of, no matter what happens.
The most common estate planning documents are a trust, living will and durable power of attorney. Only in select situations do we recommend a will in Colorado due to probate and the superior asset protection provided by a trust. Learn more here about estate planning in Colorado.
Every company must maintain a registered agent in Colorado. The agent acts as the point of contact for the company, both with the Secretary of State and others that may need to contact the company from time to time. For instance, if the company is sued, the registered agent will service of process of a lawsuit. To avoid making your home address known, or being served in front of employees or family we recommend maintaining a professional registered agent service.
An LLC will not always be a good fit. Forming a Colorado Corporation provides a board, meeting requirements, officer positions, split share classes and other characteristics desirable to prospective investors. While there are benefits to forming a corporation,t is important to note that corporations can only be taxed as a C-Corp or an S-Corp, whereas a limited liability company can be taxed as a disregarded entity, partnership, C-Corp or S-Corp. This flexibility means you should not form a Colorado corporation just for the tax election. There should be other considerations, otherwise a Colorado LLC will meet those same tax election considerations while generally being easier to operate.
Our Colorado attorneys have taken dozens of companies public, were formerly a Certified Public Accountant (CPA) and a Financial Advisor, and have owned, operated, and advised many startup and mature businesses.
The belief driving this firm is that everyone deserves professional business and asset protection advice. We don't over-complicate things. We file everything correctly, the first time, so you have one less thing to worry about. Our transparent pricing means you won't be left second guessing your purchase. After that, we will only bug you again when your periodic report is due next year. It really is that easy, but we are also here if you need us.
Our goal is to provide a one stop shop for your Colorado business, trust, and estate planning needs. Whether you need help with forming an llc, obtaining an EIN, handling mail, or implementing a complex estate plan - we are happy to help.
Asset Protection Trust
Forming a trust for yourself or family provides security that aggressive creditors and bad luck won't take your hard earned assets. This fee includes trustee services via a Private Trust Company.
Revocable Living Trust
Our living trust includes a durable power of attorney, advanced health care directive and other documents to ensure your end of life wishes and financial affairs are taken care of.
Colorado Land Trust
A land trust provides privacy and helps avoid accelerating a mortgage's due on sale clause. We charge $750 for the first land trust and $250 for each additional.
Forming an LLC is important for asset protection, privacy and can help minimize your taxes.
Every CO company must maintain a registered agent. Don't overpay or list your home address - use us instead.
Solo 401k LLC
A self-directed 401(k) can make a wide variety of investments. For more advanced planning we recommend an LLC owned by your QRP to help minimize potential losses.
Corporations can be a good fit when complicated share classes or oversight from a board of directors is beneficial. Let us help you decide.
Need a professional business address that is unique to you? Look no further.
We have helped thousands of clients just like you. We combine quality service and reasonable prices.
* If you have a special request we would love to hear from you. Please contact our law firm today.