What are the basic out of pocket costs to Register an LLC in Wisconsin?

 

If you exclude attorneys fees for services (such as preparing an operating agreement and determining what additional filings, permits, etc. that the business will need to get up and running), the most basic cost to register or “organize” an LLC currently in Wisconsin online is $130.00 paid to the Wisconsin Department of Financial Institutions, which simply involves the registration of the LLC’s Articles of Organization. There may be additional non-attorney fee costs as well, such as if the LLC will be making sales subject to Wisconsin Sales/Use Tax which would require the current $20.00 fee to submit an Application for Business Tax Registration to the Wisconsin Department of Revenue whereby the entity applies for a Seller’s Permit and/or it’s Wisconsin Employment Identification Number among other reasons.   It is recommended that you also draft an operating agreement which among other things sets forth the percentage ownership interests among the members (owners) of the LLC as well as their capital contributions and how distributions will be made. In addition, in most cases the LLC should obtain a Federal Tax Identification Number from the IRS which can be done online at no cost.

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lawinc - June 30, 2011 2:09 AM

If you are beyond any doubt ready and determined to form a California Limited Liability Company. The truth is the best route of action is to get your company a group of professionals who concentrate in the formation of LLC and corporations. This is the case if you and your company are new to the whole industry. This is a serious matter because if your company makes mistakes in the process, it will have a massive impact on the business. However, if you think that you are fine by yourself, then you must research well on how the papers are processed

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