Initial costs $425:
- $75 for the Articles of Organization
- $200 for the State Business License
- $150 for the Initial List of Managers or Managing Members.
Annual costs $350:
- $200 Renew business license
- $150 Annual list of managers & members.
- City business license – depends on what City.
- Registered agent $0 to $125 per year (not required), good if you want to keep your address off public records.
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Victor Santos Sy graduated Cum Laude from UE with a BBA and from Indiana State University with an MBA. Vic worked with SyCip, Gorres, Velayo (SGV – Andersen Consulting) and Ernst & Young before establishing Sy Accountancy Corporation.
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He retired after 50 years of defending taxpayers audited by the IRS, EDD, BOE and other governmental agencies. He published a book on “How to Avoid or Survive IRS Audits” that’s available at Amazon. Readers may email tax questions to email@example.com.