paralegal-plus.com 866-700-7677 online incorporating
Client Contact Information

Please advise who we should contact for the purpose of forming this LLC. The party listed here will be our client, and all correspodence will be directed to the person whose name is entered here.









/
What is the name of the LLC?

Let us know what name you wish to use for the LLC. Give us up to 3 names & we'll run a search for you at the Secretary of State to ensure no conflicts exist. If there is a conflict, we will check your 2nd & 3rd choices in that order.







The name of a Nevada LLC needs to include the words "Limited
Liability Company", “Limited Company”, “Limited” or these
abbreviations: "LLC", “Ltd.”, “L.L.C.”, “L.C.” or “LC.”
What is the LLC's address?

This address can be either a physical street address or just a mailing address, such as a post office box or private mail receiving box. It MAY be located OUTSIDE of Nevada.




Will you be your own Registered Agent?

Most business owners prefer to be THEIR OWN AGENT for their LLC, because they don't want to pay annual fees and forwarding costs to someone else to receive compliance reminders from the State - and because THEY want to be the party receiving legal notices (like employee garnishments or tax notifications) for the company - not a lawyer or some person or company they haven't even met.







Paralegal Plus will provide this service to you for $135.00 annually.
You only need to hire an agent if you don't have a street address in Nevada.
What is the LLC's business activity or function?

Please advise what nature of business the entity will conduct. This will help us determine if the company should be organized as a Professional Limited Liability Company.



Examples: broker, contractor, retailer, realtor.
Who are the LLC Members and Managers?

A party with ownership rights to profits, and who has legal rights to manage the Company should be designated as BOTH a Member and Manager here.

If they have the right to manage, control and vote, but have no legal rights to receive profits, then they should be designated as a MANAGER here.

Designate the party as a MEMBER here, if they have the right to receive profits, but not to manage or control the LLC (such as with a passive investor).







Is this party a Member (owner) a Manager or both?

%

(+) Add Another









Is this party a Member (owner) a Manager or both?

%
(-) Remove

Please provide at least one name for your company. You can provide up to three in order of preference.

This saves time in the formation process if there are any conflicting names in existence.

The name of a Nevada LLC needs to include the words "Limited Liability Company", “Limited Company”, or “Limited”.

It's okay to abberviate with "LLC", “Ltd.”, “L.L.C.”, “L.C.” or “LC.”
“Company” can be abbreviated as “Co.”

The most frequent designation is the company name followed by a comma and then LLC. (e.g. "YOUR BUSINESS, LLC")

The physical street address of the agent must be listed.
You can use a residential or business address.

You can add up to four LLC Managers in this section.
List all persons who have management rights, even if they are not owners.

An LLC Manager does not necessarilly have a legal right to profits (Members do). Managers do have powers to manage, control and enter contracts on behalf of the LLC.

If the Manager has a legal right to receive profits from the LLC they are also a Member (owner).

This number should INCLUDE the Managers that have ownership rights.

Select this if there is one owner and the sole owner is the
only person who will have any management rights.

Make this selection if all owners will have equal management rights regardless of their profit share.
(Typical of a Husband & Wife LLC where both spouses control the company, or where 2 or more "partners" want to manage the company equally)

You can allocate the owner's management rights in different percentage amounts. For example, Member One might control 60% of voting and management rights; Member Two controls 30% and the remaining 10% is allocated to a third Member.

Members can divide their management rights in percentages regardless of profit sharing and capital contributions. For example, Bill and Harry want to share profits 50/50, but Bill is to exercise 75% of management and control over the LLC. Bill's management rights should be specified as 75% and Harry's as 25% so we can prepare the Operating Agreement to effectuate this provision.

Select this if you want to distribute LLC profits to owners in percentages, (e.g. 15% allocation to Member 1; 50% to Member 2; 35% to Member 3).

Enter the percentage of profits this Member is legally entitled to receive.

This option is for distributing profits in direct proportion to the amount of each member's initial and (or) continuing contribution to the LLC.

(example: Member 1 makes a capital contribution of $3000,
Member 2 promises a contribution of $1500,
Member 3 contributes $1500.

The Operating Agreement apportions profits with:
50% attributed to Member 1;
25% to Member 2;
25% to Member 3)

We're looking for the fair market value of the Cash, Property and (or) Services of the Member's initial contribution to the LLC so we can calculate the member's share of profits.

For example, 2 members start an LLC.
Member 1 contributes $3000 and Member 2 contributes $6000.

The Operating Agreement will provide for profits to be distributed in proportion to each member's contribution:
one-third of the profits to the first member and two-thirds to the second.