How much does it cost to register 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 much does it cost to start an LLC in PA?

The cost to start a Pennsylvania limited liability company (LLC) is $125. This fee is paid to the Pennsylvania Department of State when filing the LLC’s Certificate of Organization.

How much does it cost to register a business in PA?

Domestic Corporation/Association (Profit and Non-Profit)

Articles of Incorporation or like instrument incorporating a corporation or association $125
Additional fee for each association resulting from a division $125
Annual Report – Benefit corporation $70
Annual Report – Non-profit corporation no fee
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How long does it take for an LLC to be approved in PA?

Mail filings: In total, mail filing approvals for Pennsylvania LLCs take 5-6 weeks. This accounts for the 4 week processing time, plus the time your documents are in the mail. Online filings: In total, online filing approvals for Pennsylvania LLCs take four (4) weeks.

How do I create an LLC in PA?

Forming an LLC in PA

  1. Step 1: Choose a name for your PA LLC. …
  2. Step 2: Choose a registered agent in PA. …
  3. Step 3: Obtain a Pennsylvania business license. …
  4. Step 4: File your Certificate of Organization. …
  5. Step 5: Draft an LLC operating agreement. …
  6. Step 6: Comply with Pennsylvania employer obligations.

How are LLCs taxed in Pennsylvania?

All corporations and limited liability companies doing business in Pennsylvania are required to pay capital stock/foreign franchise tax. … Partners in a partnership and members of an LLC taxed as a partnership or S Corporation are taxed at the personal income tax rate, 3.07 percent.

Do I need a registered agent for my LLC?

No matter where you’re starting your business, if you’re forming an LLC or corporation, you’re required to have a registered agent and a registered office.

Does PA charge an annual LLC fee?

Unlike most states, Pennsylvania does not require LLCs to file an annual report. … An annual fee of $520 times the number of members of the LLC must be paid.

How much does an EIN number cost in Pennsylvania?

Applying for an EIN for your LLC is free ($0)

Applying for an EIN for your Pennsylvania LLC is completely free. The IRS doesn’t charge anything for applying for an EIN.

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How much is a EIN in Pennsylvania?

Step-By-Step Startup

Structure Cost
Pennsylvania Limited Liability Company Click for step-by-step instructions Formation: $125 EIN: $0 PA-100: $0 + fees for needed licenses
Pennsylvania Corporation Click for step-by-step instructions Incorporation: $125 EIN: $0 PA-100: $0 + fees for needed licenses

Do you need a registered agent in Pennsylvania?

A Pennsylvania registered agent, known as a Registered Office / Commercial Registered Office Provider (CROP) in Pennsylvania, is required by law for every formal business in the state of Pennsylvania.

Do I need a registered agent for my LLC in PA?

Appoint a Registered Agent

Every Pennsylvania LLC must have an agent for service of process in the state. In Pennsylvania, this is called a registered office (most other states require a registered agent). This is an individual or business entity that agrees to accept legal papers on the LLC’s behalf if it is sued.

How do I get an EIN number in PA?

The registration is done by filing form PA-100 with PDOR. You can get an EIN/TIN by mail, fax, or through the online application form on the IRS’s website. It takes four days to get an EIN by fax, four weeks by mail, and around 15 minutes when done online.

Do I need a lawyer to start an LLC?

There is no legal requirement to hire an attorney to form an LLC. Most states allow LLC formation by registering the business entity on your secretary of state’s website and with the Internal Revenue Service (IRS).

Can I use my personal address for LLC?

Can you use your Home Address to start an LLC? Technically, yes. However, there are many risks with using your home address as your business address. Therefore, it is generally not recommended if you are serious about your business and plan to grow it now and in the future.

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How long does it take to create an LLC?

The formation process of an LLC depends on the state. The average time is 7 to 10 business days while other states take about 4 to 6 weeks. For some states, you will get approval immediately after the articles of organization, meaning the turnaround time can be as fast as 3 business days.