How much does it cost to open an LLC in Pennsylvania?

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How much does it cost to open an LLC in Pennsylvania?

How much does it cost to form an LLC in Pennsylvania? The Pennsylvania Department of State charges $125 to file the Certificate of Organization. You can reserve your LLC name with the Pennsylvania Department of State for $70.

How long does it take to get Llc approved in Pennsylvania?

After filing your PA LLC online, the state will approve it in 7-10 business days. The state will send you an email with two download links. One will be your Acknowledgement Letter and the other will be your stamped and approved Certificate of Organization (“Filing”).

Do you need a business license in PA?

A business license in PA is required to legally do business in the state of Pennsylvania. The state requires businesses to be fully licensed and registered depending on the type of services and products they provide.

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Can you be your own registered agent in PA?

Can I Be My Own Registered Agent In Pennsylvania? Yes, any owner or employee of a business can be its registered agent in Pennsylvania as long as they are over the age of 18, and have a street address in Pennsylvania.

How much does a PA business license cost?

To start a business in Pennsylvania, you will likely have to pay application and licensing fees. To obtain a Pennsylvania LLC Certificate of Organization, for example, costs about $125. Additional fees might be required if your business is structured as a corporation, sole proprietorship or partnership.

Which is better LLC or sole proprietorship?

One of the key benefits of an LLC versus the sole proprietorship is that a member’s liability is limited to the amount of their investment in the LLC. Therefore, a member is not personally liable for the debts of the LLC. A sole proprietor would be liable for the debts incurred by the business.

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Can I use a PO Box for my LLC in PA?

You cannot use a PO Box address. Unlike most states that require your LLC to list the name of a Registered Agent, Pennsylvania is unique in that it only requires you to list the address of the Registered Agent (known as the Registered Office).

How long does it take to register business in PA?

Online Filing Please allow 10 to 15 business days for processing.

How do I start a LLC in PA?

To start an LLC in Pennsylvania, you must file a Certificate of Organization and accompanying documents with the Pennsylvania Bureau of Corporations and Charitable Organizations, pay a $125 filing fee, and get an EIN from the IRS.

What are the requirements to become a LLC?

While state laws vary, the only requirement for forming an LLC is that the person organizing, or starting, the LLC be of the age of majority, which is typically 18 years old. Almost all states have abolished residency requirements, which required a person to be a state resident in order to form an LLC in that state.

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How do you start a LLC?

To start an LLC, choose a unique name for your LLC that complies with your state’s laws. Next, fill out an ” Articles of Organization ” form, file it with your secretary of state, and pay the required fee. Then, choose a registered agent and obtain any licenses required to run your specific type of business.

How do I start a business in PA?

Register the business with the Corporation Bureau of the Pennsylvania Department of State if you choose to incorporate or form a Limited Liability Company or Limited Liability Partnership. If the home business falls under the title of an LLC or a LLP, the owner must file an annual registration form.