LLC for Construction Company: Build Success!

LLC for Construction Company

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What’s the best LLC formation company out there in the market? That’s Bizee formerly known as Incfile. Incfile changed its name to Bizee in December 2023. If you’re short on time, form your business easily using Bizee (formerly Incfile). Bizee handles filing limited liability companies (LLCs), S corporations (S-corps), C corporations (C-corps), and nonprofits. Select the entity to file, choose a package, and input your order details. Every plan provides unlimited name searches, a free registered agent for a year, and preparation and filing of your articles of organization. Higher-tiered packages include operating agreements, lifetime company alerts, and business tax consultation.

Why Form an LLC for Your Construction Company?

Starting a construction company is a big step. One of the first things you might want to do is form an LLC. An LLC stands for Limited Liability Company. It helps protect your personal assets if something goes wrong with your business. This means if your company gets sued or owes money, your personal belongings like your house or car are safe.

Benefits Of An Llc

• Protection: As mentioned, your personal stuff is safe.
• Taxes: You can save money on taxes because an LLC has flexible tax options.
• Easy to Start: It’s easier to start and run than other types of businesses.
• Trust: People might trust your business more if it’s an LLC.

Why Choose Bizee for Your LLC?

Bizee makes it super easy to form an LLC for your construction company. They used to be called Incfile but changed their name in December 2023. They offer a lot of cool things to help you start your business. Let’s take a look at some of the good stuff they offer:

Pros Of Using Bizee

• Free incorporation services: You only pay the state fees.
• Free registered agent for a year: A registered agent is someone who gets legal papers for your business.
• Free business tax consultation: Get help with your taxes.
• Customizable packages: You can pick and choose what you need.
• Grants for entrepreneurs: They offer money to help you start your business.
• Everything in one place: It’s easy to find what you need.
• Unlimited name searches: Check if your business name is available as many times as you want.
• Unlimited phone and email support: Ask questions anytime.

More About Bizee

Bizee also offers legal support through its registered agent, business licensing, and trademark registration services, among other tools. This means you can get help with different legal things all in one place.

Free Incorporation Services

If you’re looking to outsource your incorporation needs, you can use Bizee and only pay the cost of your state’s filing fees. You’ll also receive a free business tax consultation, unlimited business name searches, and free registered agent services for one year. After the first year, Bizee charges $119 annually for this service, which is cheaper than competitors like ZenBusiness and Swyft Filings (both charge $199 per year).

Affordable Add-Ons

Bizee gives you the option to add services to your packages or purchase them a la carte. Again, Bizee offers many of these services at a lower cost than competitors. To get an EIN, for example, Bizee charges $70, whereas ZenBusiness charges $99 and Swyft Filings and LegalZoom charge $79. Similarly, you’ll only pay $40 to add an LLC operating agreement to Bizee’s free Silver package, whereas it will cost $99 to add it to LegalZoom’s or ZenBusiness’s equivalent packages.

More Free Resources

In addition to its paid add-ons, Bizee also offers a free resource center with a variety of tools and information. You can find a do-it-yourself email course, guides on starting a business, and a business name search tool, among other resources.

Steps to Form an LLC for Your Construction Company

Now that you know why you should form an LLC and why Bizee is a great choice, let’s go through the steps to form an LLC for your construction company:

1. Choose A Name

First, you need to pick a name for your construction company. Bizee offers unlimited name searches so you can check if your desired name is available.

2. File Articles Of Organization

This is a legal document you need to file with the state. It has basic information about your business. Bizee will prepare and file this for you.

3. Get An Ein

An EIN is like a social security number for your business. You need it to open a bank account and pay taxes. Bizee can get this for you for $70.

4. Create An Operating Agreement

This is a document that says how your business will be run. It’s not required in all states, but it’s a good idea to have one. Bizee can help you create this for $40.

5. Register For State Taxes

You might need to register for state taxes, depending on where you live. Bizee can help you figure this out.

6. Get Business Licenses And Permits

You might need special licenses and permits to run a construction company. Bizee offers business licensing services to help you with this.

7. Open A Business Bank Account

Once you have your EIN, you can open a business bank account. This helps keep your personal and business money separate.

Frequently Asked Questions

What Is An Llc For A Construction Company?

An LLC is a legal structure that protects personal assets from business liabilities.

Why Choose An Llc For Construction Business?

An LLC provides liability protection and tax flexibility for construction companies.

How To Form An Llc For Construction?

Choose a name, file Articles of Organization, and appoint a registered agent.

What Are The Benefits Of An Llc In Construction?

Limited liability, tax advantages, and ease of management are key benefits.

Can An Llc Protect Personal Assets In Construction?

Yes, an LLC separates personal assets from business liabilities in construction.

How Much Does It Cost To Form An Llc?

Costs vary by state but typically include filing and service fees.

Do Construction Llcs Need A Registered Agent?

Yes, a registered agent is required to receive legal documents on behalf of the LLC.

What Are The Tax Implications For Construction Llcs?

LLCs can choose to be taxed as a sole proprietorship, partnership, or corporation.

Conclusion

Forming an LLC for your construction company is a smart move. It helps protect your personal assets and offers many other benefits. Bizee, formerly known as Incfile, is a great choice to help you with this. They offer a lot of services at a good price, and they make the process easy. So if you’re ready to start your construction company, consider using Bizee.

For more information, visit Bizee.