So You Wanna Be an LLC Lord (or Lady) in Pennsylvania? A Guide (with Memes, Because Adulting is Hard)
Let's face it, starting a business is exciting! You're your own boss, living the dream. But before you're out there dodging rogue pigeons while hawking your wares on a street corner (unless that's your actual business plan, no judgement), there's a little legwork to be done. Specifically, the legwork of filing an LLC, or Limited Liability Company.
But Fear Not, Fellow Entrepreneur!
This guide will be your trusty steed, navigating the wild plains of Pennsylvania LLC formation with the grace of a majestic...well, maybe a slightly confused show pony, but a show pony nonetheless!
How To File For An Llc In Pennsylvania |
Step 1: Naming Your Noble Steed (or LLC)
This is where the magic happens! Brainstorm a name that strikes fear (or awe) into the hearts of your competitors. Pro-tip: Avoid names already trademarked by, well, anyone else.
Here are some ideas to get you started (or steer you clear of):
- The [Your Name] Emporium of [Awesome Product] (Classic and safe)
- Slightly Used Unicorn Tears (Intriguing, but might raise eyebrows)
- Punny Business Name McPunface (Avoid at all costs)
Once you have your masterpiece, do a quick name check with the Pennsylvania Department of State to make sure it's available.
QuickTip: Slow down if the pace feels too fast.
Step 2: Filing the Paperwork (The Not-So-Fun Part, But We Can Do This)
Head over to the Pennsylvania Department of State's website. They have these nifty things called forms, which basically tell the state you're serious about this whole LLC thing. The two main ones you'll need are:
- Certificate of Organization (DSCB:15-8821): This is your LLC's birth certificate, so fill it out with pride (and accuracy).
- Docketing Statement (DSCB: 15-134A): Think of this as the coming-out party announcement for your LLC.
Don't worry, these forms aren't rocket science. But if you're feeling overwhelmed, consider seeking help from a lawyer or accountant. They speak legalese fluently, unlike us mere mortals.
Step 3: Fees and Filings (Because Adulting Means Paying Stuff)
There's a small fee associated with filing your LLC paperwork with the state. Consider it an investment in your business dreams!
You can file online or by mail. Online is usually faster, but if you're feeling particularly nostalgic, the postal service is always an option.
Here's the breakdown:
Tip: Train your eye to catch repeated ideas.
- Online filing: $125
- Mail filing: $125 (plus the cost of postage, because adulting)
Pro-tip: Veterans can apply for a fee waiver. Check the Department of State's website for details.
Congratulations! You Are Now an LLC Lord (or Lady)!
Now that you've braved the paperwork and filing fees, you're officially an LLC owner! Celebrate with a fancy beverage (or your drink of choice). You deserve it!
But wait, there's more!
Here are some additional things to keep in mind:
- Get a Federal Employer Identification Number (FEIN): This is like a social security number for your business. You'll need it for things like opening a business bank account and filing taxes.
- Operating Agreement: This is like the rulebook for your LLC. It outlines how your business will be run, how profits and losses will be shared, and other important stuff. While not required by the state, it's a good idea to have one.
FAQ - Filing for an LLC in Pennsylvania
How to name my LLC?
Tip: Stop when confused — clarity comes with patience.
Do a quick name check with the Pennsylvania Department of State to make sure it's available and avoid names already trademarked.
How to file the paperwork?
File the Certificate of Organization (DSCB:15-8821) and Docketing Statement (DSCB: 15-134A) online or by mail with the Pennsylvania Department of State.
How much does it cost to file an LLC?
$125 for online filing, $125 for mail filing (plus postage). Veterans can apply for a fee waiver.
QuickTip: Skim for bold or italicized words.
How to get a Federal Employer Identification Number (FEIN)?
Apply online or by mail with the IRS.
How to create an Operating Agreement?
You can create one yourself or consult with a lawyer or accountant.