
Do You Need a Lawyer to Setup an LLC?
Forming an LLC? Learn when to DIY, use an online service, or hire a lawyer — costs, risks, and which option fits your business.

Forming an LLC? Learn when to DIY, use an online service, or hire a lawyer — costs, risks, and which option fits your business.

Dissolving an LLC means filing articles of dissolution with the state that formed it, settling company debts before members are paid, and closing out federal and state tax accounts. This guide covers the member vote, creditor notices, the state filing, the IRS final returns including Form 966 and the final Form 941, cancelling licenses and foreign registrations, and the dissolution rules for all 50 states plus Washington DC and Puerto Rico.

Articles of organization are the document you file with a state to create an LLC. They record the LLC’s name, registered agent, principal address and management structure. Nine jurisdictions, including Delaware, New Jersey and Texas, call it a certificate of formation, and seven, including Massachusetts and Pennsylvania, a certificate of organization. State filing fees run from $35 in Montana to $500 in Massachusetts. BusinessAnywhere files articles of organization in all 53 US jurisdictions for $0 plus the state fee.

A US Virgin Islands LLC costs at least $300 to form by filing articles of organization with the Office of the Lieutenant Governor, Division of Corporations and Trademarks, through its online system, Catalyst. Every LLC then files an annual report and pays annual filing fees of at least $300 by 30 June. The Bureau of Internal Revenue charges a 5% gross receipts tax. BusinessAnywhere prepares and files the articles for $0 plus the territory fee.

A Nevada LLC costs $425 to form with the Nevada Secretary of State: $75 for the Articles of Organization, $150 for the Initial List of managers or members, and $200 for the State Business License, all due at filing. Every year after that costs $350: a $150 Annual List plus a $200 business license renewal, due by the last day of the anniversary month. BusinessAnywhere prepares and files it for $0 plus the state fee.

A Nebraska LLC costs $100 to form online with the Nebraska Secretary of State, or $110 on paper. Nebraska also requires every new LLC to publish a notice of organization in a legal newspaper for three weeks in a row and file proof of publication. The Nebraska filing is called the Certificate of Organization. BusinessAnywhere prepares and files it for $0 plus the state fee.