This is a question we get all the time. With the greatest of respect to our legal partner, Kennedy Law, the answer is ‘no’ you don’t need a lawyer to form an LLC.
You can simply do it yourself, although most people use reputable providers such as ZenBusiness and Northwest Registered Agent to form their LLC. Online formation services like ZenBusiness and Northwest Registered Agent can help you form an LLC quickly and affordably.
These services offer a variety of packages that include everything from filing paperwork with the state to obtaining an Employer Identification Number (EIN) from the IRS. They can also provide additional services like registered agent services, operating agreements, and more. By using an online formation service, you can ensure that your LLC is formed correctly while also saving time and money.
While it is not legally required to hire an attorney to form an LLC, there are certain situations where it may be beneficial to do so. For example, if you have complex legal needs or want to ensure that your LLC is structured in the most advantageous way possible, hiring an attorney can provide valuable guidance.
However, if you have a straightforward business and are comfortable handling the paperwork yourself, you can save money by using an online business formation service.
What is an LLC (Limited Liability Company)?
A Limited Liability Company (LLC) is a popular business structure that offers personal liability protection to its owners while also providing tax flexibility. LLCs are a hybrid entity that combines the limited liability protection part of a corporation with the tax benefits of a partnership or sole proprietorship.
LLCs are created by filing formation documents with the state in which you want to operate. The formation documents typically include the articles of organization and an operating agreement.
Once the LLC is formed, it is considered a separate legal entity from its owners, which means that the owners are not personally responsible for the LLC’s debts and liabilities.
LLCs are a flexible business structure that can be used by a variety of businesses, from small startups to large corporations. They are often used by entrepreneurs and small business owners who want to protect their personal assets from business liabilities.
LLCs are also popular because they offer tax flexibility. By default, LLCs are taxed as pass-through entities, which means that the profits and losses of the business are passed through to the owners and reported on their personal tax returns.
However, LLCs can also elect to be taxed as a corporation if it makes financial sense for the the business owner.
Overall, LLCs are a popular business structure that offers personal liability protection and tax flexibility for business entities. While it is not required to hire a lawyer to start an LLC, there are other providers such as ZenBusiness and Northwest Registered Agent that can assist with the formation process.
Do I Need a Lawyer to Start an LLC?
Starting an LLC can be daunting, especially if you’re new to the process. However, there is no legal requirement to hire a lawyer to form an LLC. In fact, there are other providers such as ZenBusiness and Northwest Registered Agent that can do this for you. And if you want to do it on your own, here’s our guide to forming an LLC.
Benefits of Using a Provider Instead of a Lawyer
While lawyers can be helpful, they can also be expensive. LLC formation providers, on the other hand, can help you save money while still ensuring that your LLC is formed correctly. Here are some benefits of using a provider instead of a lawyer:
- Lower costs
- Expertise in forming LLCs
- Speedy formation
- Peace of mind
What to Look for in an LLC Formation Provider
When choosing an LLC formation provider, it’s important to consider a few key factors. Here are some things to look for:
| Factor | Description |
|---|---|
| Price | Compare prices to find the best deal |
| Experience | Look for a provider with experience forming LLCs |
| Services Offered | Make sure the provider offers the services you need |
| Customer Support | Check reviews to ensure the provider has good customer support |
Situations Where You Really Do Need a Lawyer
While most people can form an LLC without a lawyer, there are some situations where it may be necessary to hire one. Here are a few examples:
- Complex ownership structures
- Need for customized operating agreements
- Legal disputes
LLC Formation Services
While it is not necessary to hire a lawyer to start an LLC, there are other providers that can help you with the process. These providers can save you time and ensure that your LLC is set up correctly. Here are a few popular LLC formation providers.
| Image | Product | Features | Price |
|---|---|---|---|
Best value  | Form an LLC with Incfile for FREE ($0)
| 9.6 | Get the best deal |
Best customer service  | Northwest Registered Agent LLC Formation Form an LLC online with Northwest for $39
| 9.5 | Get the best deal |
Industry leader  | Form your LLC online with ZenBusiness for $49
| 9.4 | Get the best deal |
ZenBusiness
ZenBusiness is a popular incorporation service that offers affordable packages to help you start your LLC. Their packages include formation services, registered agent services, and compliance services.
They’ll create your articles of organization and LLC operating agreement. They also offer a 100% satisfaction guarantee, so you can be sure that you are getting quality service.
Form your LLC online with ZenBusiness for $49
- Bargain price and includes registered agent service
- Great customer service
- Easy to use interface
Northwest Registered Agent
Northwest Registered Agent is another popular LLC formation provider. They offer a variety of services, including formation services, registered agent services, and compliance services. They also have a team of experts that can help you with any questions or concerns you may have.
Form an LLC online with Northwest for $39
- Very good value
- Excellent customer service
- Package includes full year of registered agent service
Incfile
Incfile is a well-known incorporation service that offers a variety of services, including formation services, registered agent services, and compliance services. They offer a free business name search, so you can make sure that your desired business name is available.
They also offer lifetime customer support, so you can get help whenever you need it.
Form an LLC with Incfile for FREE ($0)
- Best price (free)
- Includes one year of registered agent service free
- Highly rated
Overall, these LLC formation providers can save you time and ensure that your LLC is set up correctly. While it is not necessary to hire a lawyer, these providers can offer peace of mind regarding legal requirements and ensure that you are starting your LLC on the right foot while saving on attorney fees and other costs.
Conclusion
Starting an LLC can be a straightforward process that doesn’t necessarily require a lawyer. While legal assistance can be helpful in certain situations, it’s not always necessary.
Professional services such as ZenBusiness, Incfile and Northwest Registered Agent, can help you set up your LLC quickly and affordably.
When deciding whether to hire a lawyer or use an online provider, consider your specific needs and circumstances. If you have a complex business structure or anticipate legal issues, a lawyer may be a wise investment. However, if you have a simple business structure and just need help with the paperwork, a business formation service may be a more cost-effective option.
Ultimately, the decision to hire a lawyer or use an online provider is up to you. Just remember that starting your own business as an LLC doesn’t have to be a daunting task, and there are many resources available to help you along the way.
