Registering your business is an essential first step when you’re starting a company, providing legitimacy, asset protection & more. America First is here to help make it easy with MyCorporation® document-filing services.
Forming a Limited Liability Company (LLC) or Corporation limits the business’ legal and financial responsibility for activities and debts. It also creates separation between personal and company resources.
Benefits of incorporating:
Doing Business As (DBA) is an official registration of the company’s name. You’ll legally operate under the DBA instead of your personal name, which adds credibility and anonymity. Filing a DBA also means a sole proprietor can open separate accounts* so customers can make payments to the business itself.
Advantages:
*Requirements vary.
The Internal Revenue Service assigns a unique Employer Identification Number (EIN) or Federal Tax Identification Number to businesses that allows them to file income tax returns, among other actions.
Benefits:
An Operating Agreement is an important document that outlines rules, regulations, rights, and duties of those involved with limited liability companies. No matter which method you choose to form your business, an operating agreement is an important asset and the foundation of any LLC.
Operating agreements: