$595.00 all-inclusive Colorado LLC
At Flatiron Legal Advisors, LLC, we offer transparent, fixed fee prices for most of our services.
For $595.00 (for single member LLCs*), we do all the work necessary to form and register LLC, which includes:
- Preparing the Articles of Organization
- Filing the Articles of Organization with the Colorado Secretary of State (including filing fees)
- Preparing the LLC Operating Agreement*
- Obtaining the LLC's employer identification number ("EIN") from the IRS
- Providing you with guidance on operating your LLC to maximize its limited liability protection.
*Multiple member operating agreements are $200 extra.
If you are planning to transfer real estate to your LLC, we can prepare the deed and statement of authority needed for the LLC for an additional $150 for each property. For help in this process, it is beneficial to have an experienced lawyer by your side to make sure all legal proceedings are handled accurately. This process can be complex and we are prepared to help walk you through it.
What is an LLC?
A Limited Liability Company is a business structure that combines elements of a partnership or sole proprietorship with elements of a corporation. The LLC members (i.e., owners) are protected from personal liability for business debts and claims, similar to corporation owners. This means that if an LLC has debts or is at risk of a lawsuit, the owner's personal assets are generally protected. LLCs are also easier to operate than a corporation, as LLCs do not have to follow all of the formalities of a corporation (such as annual meetings, etc.)
The owners of LLCs can elect to be taxed as a partnership (reporting their business profits and losses on their personal tax returns) or as a corporation, depending on which is more beneficial.