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GET INC'D

  • Description of Services Provided?
    Simple Business Solutions, LLC We are committed to partnering with and producing successful entrepreneurs and empowering Free Agents to succeed. To this end we are offering the following information about LLC’s and what our recommendations are. There is also application for you should you wish to “Get Inc’d” within 24 business hours and receive your Limited Liability Corporation (LLC). Note that our role in this is that of a marketing affiliate only, and not as legal counsel. The information and application below are supplied by our attorney of choice who specializes in forming corporations. When it became time for us, Simple Business Solutions to incorporate, we consulted with the brightest and most experienced minds in the industry. We then vetted over three dozen companies, before choosing the legal counsel we wanted to handle the formation of our LLC. All of our reasons are below in the very important information provided. We are offering the information and advice of our legal counsel to you, for many of the reasons as outlined below. We suggest that you read the information, consult with any financial and/or legal professionals that you believe would be of assistance to you, and then make your choice. This site, and the information on this site, and the application for an LLC on this site does not take the place of the advice of a financial or legal counsel.
  • Why Form a Wyoming LLC?
    WHY FORM A WYOMING LLC? Forming your LLC with us is simple and quick. We handle all filings and guarantee your company will be created and delivered to you via email within 24 business hours. All you need to do is fill out our ORDER FORM. Instructions For Completing The Order Form: Click to download form Fill out all information highlighted in blue To save the completed document, click "Save As" The instructions for where to send the document are on the bottom of Page 6 Our LLC formation service is only $399 and includes everything you’ll need to be a legal LLC. Wyoming Limited Liability Companies have the best asset protection laws, no state taxes and allow for anonymous ownership. Benefits such as these, combined with our low fees, have made Wyoming the best state for doing business. These advantages are available whether you run an online store or have operations in another state. This is the art of corporate structuring and it's our passion. We have helped thousands and can help you too. Please contact us if you have any questions. Wyoming LLC Benefits: Privacy & Anonymity: Have nosey friends or relatives that may be interested in your business assets? Most entrepreneurs would rather keep their information private. Owners and Managers are not even listed anywhere on the State record. Only we know who you are and since we are a law firm, your identity is protected by attorney-client privilege. Simplicity: Everything can be handled online and there are no wait times. There is no need to visit or any residency requirement. We will deliver your company (LLC) and all the documents you need within 24 business hours. Low Fees: We charge $399 TOTAL. That price includes all state filing fees. There are no surprises. No Taxes: Even companies in other states can benefit. Many companies are moving their LLC’s to Wyoming and if you are already an LLC in another state – you can too. Asset Protection: Simply the Nation's best “charging order protection”. Personal creditors cannot seize your LLC, and LLC creditors cannot seize your personal assets. Let that sink in. ADDITIONAL BENEFITS Single-Member LLCs are allowed. No operating agreement is required, but we provide you with one anyway. Close/Closed Limited Liability Company is allowed (and recommended). No additional fees for extra members or changes to membership. No minimum capital contribution. You can elect to be taxed as an S-Corp. (Usually not the best option for small businesses.) Form your LLC online.
  • What's The Process If You Choose Us?
    Click Here to download the form and enter your information.(Instructions For Completing Form: Click to download form / Fill out all information highlighted in blue / To save the completed document, click "Save As" / The instructions for where to send the document are on the bottom of Page 6) Your information will be automatically be loaded into our system at our law firm. Your documents will be ready within 24 business hours! You may email us at any time for more information: Support@SimpleBusinessSolutions.info
  • Why Use a Law Firm?
    Privacy, price, professionalism, and return on investment. Let's take those one by one: Using us ensures your personal information is protected. There's no risk of an error and things are done correctly the first time. We have streamlined our administrative tasks and passed the savings on. Our law firm has a reputation to stand by. We handle everything, with no surprises, and you will be on your way in less than a day. That's our professional promise to you. What do you get in return for investing your money with us? You will receive your LLC(s), unlimited phone support, free documents and a partner.
  • WY LLC Packages?
    The Turn-Key LLC $399: Everything you need to start. We handle all Wyoming Secretary of State fees and filings. You will receive: 1 Year of Registered Agent Service Free Mail Forwarding - 5 Pieces Use Our Address for Everything (You are welcome to use your local address also as your Operational Headquarters) Single & Multi-Member Operating Agreements Organizational Meeting Minutes Articles of Organization Certificate of Organization Certificate of Good Standing Resolution to Open A Bank Account A Guide With 10 Useful Tips Attorney Client Privilege
  • Do You Need An EIN?
    A company's EIN/TIN/FEIN is the equivalent of a person's Social Security Number. It is unique to your company. If you intend on opening a bank account or engaging in any taxable activities, then you will need one. If you will only be using the LLC to hold assets, but not to earn any income, then you will not require one. You will apply to the IRS for your Employer Identification Number / Taxpayer Identification Number after you receive your paperwork back from us with your State of Wyoming LLC Registration Number. It takes 5 minutes and the IRS immediately provides your new LLC with it’s FEIN. You can be ready to conduct business that quickly.
  • Does Your LLC Need An Operating Agreement?
    Wyoming does not require an operating agreement. This thus begs the question of whether you should "bother" with one? The answer is yes. Though the reasons are different for single member as opposed to multi member LLCs. Single Member LLCs: The operating agreement is just an agreement between you and yourself. However, we have included a springing member provision. This means when you pass away your company will be given to whomever is named. Failing to name someone either means your company is dissolved or is forced through probate when you die. From our estate planning roots, we know probate is public record, expensive and time consuming. Multi Member LLCs: The operating agreement will define ownership percentages, declare what managers can and cannot do, act as a non-disclosure agreement, and prevent shareholders from selling to outsiders. Failing to sign an operating agreement amounts to a free for all. Whether you have one or multiple members we advise completing the operating agreement as soon as possible. We include a free copy as part of your new company formation documents.
  • Case Study #1?
    You live in Virginia and run a business not tied to a location, e.g. an online company. The business generates a profit of $30,000 and is unlikely to face a lawsuit or creditor problem. Scenario 1: Form a company in your home state. Why is this a bad idea? Everyone can see what you own. Nosey neighbors, aggressive creditors and needy family members. All your information is just a google search away from being used against you. Personal creditors can seize your company, its bank account and other assets. If you elect to be taxed as a corporation then you will pay an extra 6% in taxes. If you have a single member LLC, a judge may decide to pierce the corporate veil and make you PERSONALLY responsible for company debts, thus eliminating the benefit of an LLC altogether. Scenario 2: Form an LLC in Wyoming for $399. Nobody knows who owns your company. Even if a creditor finds out what you own, they cannot break into the company and seize your assets. You and your LLC are protected. Wyoming respects single member LLCs (SMLLCs). There is no need to worry about becoming liable for business debts. No state income taxes or reports to file. The choice in this example is clear. Forming a Wyoming LLC is preferable due to stronger asset protection laws, anonymous ownership, lower fees and no taxes. Form your LLC, get your FEIN, and open a business checking account so you can focus on what's important... running your company.
  • Custom Corporate Structuring?
    A single LLC separates personal assets from business liabilities. Forming Multiple LLCs separate business assets from business liabilities. Consider the setting up extra LLCs as a one-time insurance payment against bad employee decisions, aggressive creditors and bad luck. Certain industries can also shift income to Wyoming where it will pay no state taxes. These benefits make forming a Wyoming LLC ideal for holding companies regardless of where your business operates. Companies with significant assets and revenue, or in high risk industries, should discuss additional options with us. These options include: Solo 401k LLC: Did you know you can set up a 401k for yourself? Your company's contributions are tax-deductible and they grow tax-deferred. Once funds are inside the 401k you may then make any investment you wish - including loaning money to yourself, buying rental properties or investing. Asset Protection Trusts: Placing assets into a trust changes the ownership of the assets. You still benefit and control them, but the trust owns them. This alters the economic analysis for creditors. No longer do you own the assets and thus no longer can they seize them. Contact us for additional strategies, including information on our nominee services and assistance with opening a bank account for your Wyoming company.
  • Case Study 2?
    Consider a fitness center in Chicago, IL. The center owns equipment, furniture and a trademarkable name, among other things. These assets exceed $100,000 and present a liability. Scenario 1: Form a single LLC in Illinois. The gym earns $50,000 and is taxed as a corporation at 7.75% or $3,875. Scenario 2: Form an LLC in Illinois. A foolish customer or bad employee leads to a lawsuit. All the LLC's assets are at risk. Alternatively, your company fails to pay rent. Your landlord seizes equipment and liquidates it. Scenario 3: Form a double LLC. One in Wyoming for assets and the other in Illinois for operations. The operating company leases equipment, borrows operating cash and pays royalties for the trademark. This diverts $30,000 of the $50,000 in profits to Wyoming. Thus saving $2,235 in taxes. Further, lawsuits and creditors cannot seize the Wyoming LLC's assets because they are held in a separate entity. FINAL THOUGHTS Still wondering whether our Wyoming corporate services differ from “similar” incorporation providers? The short story is our Wyoming LLC formation service offers among the lowest fees and have been in the business for 30+ years. We have accomplished this by providing more value than merely forming your Wyoming LLC and dropping it in your lap. Asset protection, domestic trusts and estate planning are just a few of our additional services. Our partnership doesn’t end when you pay, it’s merely the beginning.
  • Wyoming LLC Taxes?
    Limited Liability Companies offer the ability to be taxed as partnerships, corporations or s-corporations. Each designation maintains the limited liability benefits. This hybrid structure is partly what drives the popularity of LLCs. If you choose the partnership designation, then you will be taxed according to your personal tax rate.
  • Wyoming Has No Corporate Income Tax?
    Working with us, you can invest those savings directly into your business, rather than giving them to the State. Companies operating in other states stand to benefit the most from forming a WY LLC to act as a holding company. Through loans, leases, royalties and management contracts you can divert revenue to Wyoming tax free. Consider the savings from what you paid last year in your home state.
  • Wyoming Secretary of State LLC Fees?
    Filing with us costs $399 the first year, this includes the $102 we pay the State. Every year after, your corporation will only pay $52 to the Wyoming Secretary of State when you file your Annual Report. Add our $49 Wyoming registered agent fee and your annual maintenance costs are $101.
  • Wyoming LLC Privacy?
    Wyoming LLCs are advantageous because of the strict privacy laws governing them. The State of Wyoming only knows who organizes the company which is us. Your name does not appear on the formation docs and is not asked for after. Don't worry, desiring privacy is not wrong. You have a right to keep your affairs private and have nothing to gain by displaying your wealth. When you elect for our service you receive an additional layer of protecting due to attorney-client privilege.
  • Simplicity?
    No citizenship requirements You do not need to be a U.S. citizen to start a business in WY. You are not even required to visit the USA. You may live anywhere in the world and operate your business remotely. We have many international clients and are happy to assist with your LLC formation. Convenient transfer of an existing LLC: Wyoming has made it easy for you to move your existing LLC to Wyoming. The method is called continuance. Essentially, Wyoming will allow you to maintain your same start date so you don't have a "brand-new" company. This is great for securing credit etc. This service is something that you cannot do in many other states, including Nevada. Cheaply form your LLC online. Everything is handled online and within 24 business hours.
  • Asset Protection?
    A properly formed corporation is recognized as a separate legal entity with its own Federal Tax ID Number. The LLC is responsible for its liabilities and its debts, not the owners. This means, that the creditors of a Wyoming Limited Liability Company cannot pierce the corporate veil and seize the owner's assets. A single corporate entity however, does not separate the company's assets from its liabilities. To limit potential losses, one should employ multiple corporations in a holding company setup. This keeps important assets safe and will allow the company to continue functioning in the event of a lawsuit.
  • Miscellaneous Facts?
    Perpetual life - unlimited duration An LLC is a separate legal entity, which has its own existence and perpetual life. In other words, the business can continue beyond this lifetime - long into future generations. An LLC, continues indefinitely until it is formally dissolved. Specifically, memberships in a Wyoming LLC can generally be sold, gifted or bequeathed to others. LLCs stand in contrast to Sole proprietorships, which typically end upon the death of the owner.
  • Transferability of Ownership?
    Unlike a Sole Proprietorship, which does not have a life apart from its owner and cannot be transferred to a third party, Wyoming LLCs provide an excellent vehicle for transferring ownership through a straightforward exchange of membership.
  • LLC's For Non-Residents?
    Wyoming is a popular state for non-residents and those living overseas. This is due to the simplicity of forming and maintaining an LLC in Wyoming. There are no state taxes or tax returns to file. You only have to file a federal return, which is the same for all limited liability companies. Everything can be handled online. There is no need to visit. One benefit of forming a Wyoming LLC is lower transaction costs. Establishing a US account and accepting checks and debit cards can reduce your transaction costs to below 1%, rather than paying 3-10% for other payment processing options. You will need an FEIN if you want to open a business bank account. You can obtain an FEIN within about 5 minutes online, once you have your paperwork back from us as previously stated. As far as opening a bank account in a state other than Wyoming, it is simple as long as you use a multinational bank such as Citi Bank, Wells Fargo, HSBC, Chase Bank, Bank America and many others. Smaller community banks and credit unions may still open an account for you, but the larger banks are familiar with an LLC being domiciled in Wyoming, and you maintaining operational headquarters and all operations in a state other than Wyoming.
  • LLC Formation Costs?
    The Agreement, Credit Card Charge and fulfillment will be completed by our partner-company: MaxGroup Business Solutions, LLC LLC Formation Costs – Visa & MasterCard Only First Year of Registered Agent Service $25 State Fee to Secretary of State (online filing) $102 Articles of Incorporation emailed to you $75 Attorney Fees $325 Grand Total $527 Client Instant Discount -$128 Total LLC Fee Due $399 Due for your LLC in 24 hours! GET YOUR LLC NOW! Instructions For Completing The Form: Click to download form Fill out all information highlighted in blue To save the completed document, click "Save As" The instructions for where to send the document are on the bottom of Page 6
  • LLC Agreement?
    This Agreement addresses the nature and scope of the Registered Agent’s duties to you and your duties to the Registered Agent. This letter also serves as an Engagement Agreement between the Registered Agent and you. Every state in the nation allows the creation of business entities such as a corporation, partnership or limited liability company. However, because the business entity is not a real person, each state requires that a person or separate company be named as the registered agent for that business entity for service of process. Wyoming requires that if a person serves as registered agent he or she must reside in the state of Wyoming, or if a corporation or LLC is chosen to serve as registered agent, it must have an office in Wyoming, and that the name and address of the registered agent continually be on file in the office of the Secretary of State. This means that if your company is sued, the legal documents may be “served” on, or delivered to, the registered agent at the specific address on file in the office of the Wyoming Secretary of State. That delivery begins the time running for your Business Entity to file an answer or other response in the Court where the lawsuit is pending. Inaction could result in a default judgment against your company. Thus, time is of the essence in these matters, and it is important that you choose a qualified registered agent to insure speedy notice to you so that you may then respond to the issue at hand. The registered agent’s ability to quickly notify you of lawsuits is of great importance to the efficiency and protection of your Business Entity.
  • Responsibilities of the Registered Agent (Us)?
    So long as the Registered Agent always knows your location and how to contact you, the Registered Agent will notify you within 72 business hours after receipt of any legal process in which your business entity has been named a party. The pertinent documents will be forwarded to you at the e-mail address you have provided through electronic delivery or through your private web portal with e-mail notification. The Registered Agent’ duties do not include answering or in any manner getting involved with the court litigation. The Registered Agent provides you with the notification, and once you receive the documents from the Registered Agent’s office, it is your responsibility to respond or otherwise proceed with the lawsuit. If you have not provided the Registered Agent with a valid address for you, the Registered Agent’s contractual obligation to notify you is null and void, and the Registered Agent has no further responsibility to serve you in any way. If you have named us as the principal office of your business or have not stated a principal place of business at all in your Articles, we may from time to time receive mailings for you. If we receive this mail, the Registered Agent will collect and sort the mail for you. Generally this mail is "junk mail" from persons or entities finding your address on the Wyoming Secretary of State's web site. We will scan to you in your private web portal and file the front of the envelope and notify you by e-mail of the scan. It is your responsibility to respond to us within seven (7) business days of our notifying you of whether you want the mail. If so, we will scan the document into your private web portal file. You may also request physical forwarding. Any official documents sent to this address for your Business Entity will be opened, scanned and deposited in your private web portal file without prior notification. You may also request physical forwarding. It is your responsibility to maintain a current e-mail address on file with us. If we do not have your email address, we will mail the official documents to the business address that you have supplied to us in your contact information.
  • Responsibilities of Client (You)?
    For the Registered Agent to adequately perform the duty of immediate notification, and to comply with Wyoming Law, it is important that you always keep Registered Agent informed of the current contact information for your business entity. You agree to keep us up to date with your contact information, including: The address of record to which all service of process is to be delivered; The names and addresses of each director, officer, manager, partner, trustee or other persons serving in a similar capacity; The name, business address & telephone number of a natural person who is an officer, director, employee or designated agent of the entity who is authorized to receive communications from the Registered Agent and is deemed the designated communications contact for the business entity.
  • Basic Fee?
    Attorney services for being the registered agent for your Business Entity shall be $25.00 annually. This fee is due and owing on each anniversary date when you originally retained Registered Agent. You will be billed each year in advance of the anniversary date of your Business Entity. At that time, you will be asked to complete a form regarding any change in address or other contact information. If the annual fee is not received within 15 days of your anniversary date, we reserve the right to resign as the registered agent. Under Wyoming law, the absence of a registered agent will place your company in noncompliance with the state business entity laws and may cause your LLC to be administratively dissolved. Additional Fees and Costs If we are obligated to send paperwork to additional addresses other than to the ones specifically stated above, the costs of postage will be charged to you.
  • Right To Terminate Engagement?
    You have the right to terminate the Registered Agent’s services at any time by notification in writing. If services are terminated, you will be responsible for the services performed and other charges incurred through the date of the Registered Agent’s receipt of the termination notice. Registered Agent has the right to terminate its services if it is discovered that you have not given the Registered Agent valid addresses or if the annual fee has not been paid when due, or upon providing thirty days written notice to you.
  • Limitation of Liability?
    The Business Entity acknowledges that the Registered Agent will be providing ministerial services and fees for performing these services are nominal in amount. Accordingly, the Business Entity agrees that the Registered Agent’s liability for default under this agreement or the Registered Agent’s negligent or tortious conduct in connection with this agreement is limited to refunding to the Business Entity the fee paid by the Business Entity to the Registered Agent for the then current term and the immediately preceding term. In no event will the Registered Agent be liable for Consequential, incidental or punitive damages.
  • Consent To Engagement?
    To protect you against incurring any unnecessary charges, we will not commence services until we receive your initial fee. If you have any questions regarding this Agreement, please do not hesitate to call and discuss it with us. You will authorize Simple Business Solutions, LLC to appoint a board approved attorney with offices in the state of Wyoming specializing in formation and with registered agent services, to serve as the registered agent on behalf of your named business entity. You understand that after finalization of this Agreement, and upon fees being paid, that the appointed attorney shall commence the incorporation of my Wyoming LLC. Because of the quick 24-business day turn-around service, and the state fees being paid immediately online, you agree that there can be no refund and you affirm that you will not contest or charge-back the fees. You affirm that any such charge-back will constitute fraud upon Simple Business Solutions, LLC and the Wyoming Attorney’s office. Note that all references to 24 hour turn around are based upon a newly formed LLC, and are an average, and not a guarantee. You represent to the Registered Agent that you have full authority to act on behalf of the Business Entity. You acknowledge that the contents of this Engagement Agreement are understandable and agree to the terms set forth therein. If this business entity elects to use the Registered Agent’ mailing address in order to preserve anonymity and privacy, you authorize the Registered Agent to open mail addressed to your Business Entity and destroy all junk mail which I have not requested to be forwarded to you within the above stated seven (7) business days.

INSTRUCTIONS FOR COMPLETING THE FORM:

  1. Click to download form

  2. Fill out all information highlighted in blue

  3. To save the completed document, click "Save As"

  4. The instructions for where to send the document are on the bottom of the page 6

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