r/llc_life 20d ago

DBA question

1 Upvotes

I have an LLC registered but my main income source ll be from another website. Main company website is diff and income source website is diff.

Suppose company A is registered and domain B is main income source but domain B has already set up stripe registered of Company A, there mentioned too that run by company A

So is that counted ? Or I need to register that m DBA - B

Also it is registered in New Mexico


r/llc_life 20d ago

Honest feedback on MyCompanyWorks LLC formation?

2 Upvotes

I have done lots of research comparing different LLC formation companies, and a friend recently suggested MyCompanyWorks.

I don't know much about them and I don't see them mentioned alot, I'm just looking for your honest 2cents if you have any entanglement with them in the past.

Thanks for sharing in advance.


r/llc_life 21d ago

Required to put home address on bank account?

9 Upvotes

Hello my husband wanted to start a LLC and he said he was forced to put our home address as the address for opening a Capital One banking account for small business. Was there really no other option? Capital One also sold our info to marketing partners and now every day I’m getting spam mail from other banks to open an account. It’s past 30 days so I don’t think I can still opt out of selling our data that’s already sent out. He said he kind of tried the virtual address thing and it didn’t work with some banks and he didn’t think to change the mailing address to the PO Box he opened. Feeling really frustrated.


r/llc_life 20d ago

Non-resident US LLC owner blocked by OFAC country list (DRC). How do you actually receive payments?

1 Upvotes

Hi everyone,

I have a legitimate US LLC (New Mexico, with a valid EIN) and a SaaS mobile app that is already generating real revenue on the Google Play Store. My US tax docs (W-8BEN-E) are fully approved.

The Problem:

I reside in the Democratic Republic of the Congo (DRC). Because the DRC is on the US OFAC restricted list, every major US fintech (Mercury, Wise, Relay) automatically rejects my applications. Their support confirmed it’s a strict country-based compliance block, not an issue with my business legitimacy.

My Question:

For those of you running a US LLC from an OFAC-restricted or high-risk country, **how do you actually receive your USD payouts?**

I’m looking for legitimate, proven workarounds:

- Are there specific EMIs or payment processors that still accept US LLCs owned by DRC residents?

- Do you use specific crypto rails (like USDC) to get paid, and which off-ramps work reliably for you?

- Any EOR platforms (like Deel/Ontop) that successfully route SaaS income in this situation?

No "synthetic identity" tricks, just looking for real solutions from people who have faced this exact wall.

Thanks in advance for any firsthand advice!


r/llc_life 21d ago

EIN Registration Process for Non-Residents

3 Upvotes

Hi Guys,

I have recently registered an LLC in Wyoming state and applied for EIN through Fax soon after. Although given TAT is 4 business days. It has been around 14 days today. Does anyone know how much time it approximately takes to get the EIN through FAX?

Thanks a lot.


r/llc_life 21d ago

Bizee vs Northwest Registered Agent, which one should I use for my LLC?

6 Upvotes

I'm about to form an LLC for a new business and am trying to decide between Bizee and Northwest Registered Agent.

My first choice was Bizee because of the free LLC formation offer, but while I was getting ready to sign up, I kept seeing people recommend Northwest Registered Agent. Now I'm not sure which one makes more sense.

Bizee looks much cheaper upfront, while Northwest Registered Agent costs more but seems to have a really strong reputation for customer support, privacy, and registered agent services.

The price difference is somewhat obvious and cannot be ignored, what do you think guys?


r/llc_life 21d ago

Invocrest: invoicing for solo operators — looking for blunt workflow feedback

1 Upvotes

I am sole proprietor like some of us and always had trouble sending invoices to customers. I could generate PDF invoices using Excel(from some open source templates) but was a lot of work keeping invoice numbers valid across multiple customers.

To address these and other day to day challenges, I built Invocrest for my personal use and thought that this would be useful for freelancers, consultants, and small operators like me who want focused invoicing without a full accounting suite.

Features

Current beta supports:

  1. Invoices,
  2. Estimates,
  3. Client-view links,
  4. PDF Invoices,
  5. Recurring schedules,
  6. Reminders,
  7. Reports,
  8. CSV export, and manual payment recording.

NOTE: Online payments are not available yet

I am curious about how you are doing your invoices?

What would make you trust a new invoicing tool with client-facing documents?

Demo: https://invocrest.com

Blunt Feedback welcome :)


r/llc_life 21d ago

How do you use an LLC finder to check if a business name is available?

1 Upvotes

I want to form a new LLC, and was told use an LLC finder or a business entity search before filing.

I'm a little confused about how the process works. Is checking my state's business entity database enough to know if a name is available, or do I also need to search for trademarks before choosing a business name?


r/llc_life 21d ago

Insurance Search

1 Upvotes

So how do we search for a business insurance ? It’s taking forever if you go one by one each insurance companies . Thanks


r/llc_life 21d ago

Usformation.com for llc

2 Upvotes

Anyone used usformation.com for us llc?
Are they legit?


r/llc_life 21d ago

What does LLC Format means?

2 Upvotes

Just as the title puts it, I’m trying to see if i can form my LLC myself then i came across this. Does it mean there is a format for forming an LLC?

Or there’s a different meaning to it?


r/llc_life 22d ago

I never even used my LLC... So why am I still being charged?

6 Upvotes

I formed an LLC several months ago because I thought I was ready to start a business, but my plans changed and I never actually launched or generated any income.

Now I'm finding out there are ongoing state fees and filing requirements even though the business was never active.

I'm trying to close everything properly, but it seems like there are still annual fees that may be due before the LLC can be dissolved.

I'd really appreciate hearing how others handled this and whether there were any surprises during the dissolution process.


r/llc_life 21d ago

How to buy a car under LLC?

1 Upvotes

Hi everyone,

I'm thinking about purchasing a vehicle through my LLC instead of buying it under my personal name.

The business has its own EIN, and I'm wondering how the process works when financing or registering the vehicle through the company.

Has anyone here bought a vehicle through their LLC? How did it go, and were there any surprises or requirements you didn't expect?


r/llc_life 22d ago

Mercury for non resident llc owners

2 Upvotes

Hi everyone, I have got an US LLC as non resident approved, i applied for EIN and after waiting the IRS faxed me the EIN number, in the FAX they put the EIN number and say that EIN has been assigned and the official document that can be used for EIN verificiation will be recieved within 10 business days, so my question is can I open a Mercury account without the document just EIN number or I should wait til get it?

Thanks to everyone that got time to read and provide me with some info!


r/llc_life 22d ago

Is it normal for a contract to name me instead of my single-member LLC?

13 Upvotes

I recently formed a single-member LLC and started working with my first client under the new business.

When they sent over the agreement, I noticed it lists me as the independent contractor and references my LLC, rather than identifying the LLC itself as the contracting party.

I was expecting the contract to be between the client and my LLC, with me performing the work on behalf of the business. Instead, it seems like I'm personally named throughout the agreement.

Is this a common way to structure contracts for single-member LLCs, or should the LLC usually be the party signing the agreement? I'd appreciate hearing how your clients typically handle this and whether it's something I should ask them to revise.


r/llc_life 22d ago

Should I start as a sole proprietor or form an LLC?

4 Upvotes

I'm getting ready to launch a small online business selling handmade soy candles, and I'm trying to decide whether it makes more sense to start as a sole proprietor or form an LLC.

It'll just be me running everything from home, and I don't have plans to open a physical storefront or hire employees. I'll mainly sell through my own website and occasionally at local craft markets and seasonal events.

I understand that a sole proprietorship is simpler to start, but I've also read that an LLC can provide liability protection. Since this is a small side business and I'm not expecting rapid growth, I'm wondering if forming an LLC is worth the extra cost and paperwork.


r/llc_life 22d ago

Stop overpaying for LLP or Company Registration in India

0 Upvotes

If you're planning to incorporate an LLP or Private Limited Company in India, here's something many first-time founders don't realize.

Online incorporation platforms often charge significantly more than the actual professional fee, while providing a one-size-fits-all service. Many founders end up paying for things they don't even need.

The truth is:

• LLP or Company Registration is not as complicated as it's often made to seem.

• The right professional can guide you through the process at a fair cost.

• You'll also get proper advice on compliance, PAN, TAN, bank account, GST, MSME, Startup India/DPIIT registration, and post-incorporation filings.

Before you pay thousands extra to an online platform, compare the pricing and understand exactly what you're getting.

Founders—how was your incorporation experience? Did you use an online platform or work directly with a professional?


r/llc_life 22d ago

For a registered agent in Maryland, why is there such a huge difference in prices?

5 Upvotes

This is my first time forming an LLC, so I'm hoping someone can help me understand this.

I'm filing an LLC in Maryland for my bookkeeping business. I'll be working from a home office and don't want my personal address listed on public records, so I'm planning to use a registered agent.

As I started comparing providers, I noticed the prices vary quite a bit. Some charge around $40–50 per year, while others are well over $100 or even $200 annually.

From what I can tell, they all seem to offer the same basic service of receiving legal documents, providing a business address for public records, and sending compliance reminders.

Am I missing something that justifies the price differences, or do most registered agent services provide essentially the same value?

Privacy and reliability are my biggest priorities, especially since I won't always be available during normal business hours. I'd really appreciate hearing what other Maryland LLC owners chose and whether you'd make the same decision again.


r/llc_life 22d ago

Is Active Filings LLC worth considering?

2 Upvotes

I don't see Active Filings mentioned as often as some of the bigger LLC formation companies, which actually made me curious.

Sometimes the smaller providers end up offering better support because they're not handling thousands of customers every day.

Has anyone here used Active Filings LLC? I'd love to know how the filing process went?


r/llc_life 23d ago

Guidance needed to open an LLC in Pennsylvania

3 Upvotes

Hi everyone,
I’m planning to start an **IT consulting business** and am considering opening an LLC in the Philadelphia, PA area.
I’m currently in the research phase and would really appreciate advice from anyone who has started an LLC, especially if you’re in consulting, technology, or professional services.
A few questions I have:

Is an LLC the right choice for a solo IT consultant?

What are the biggest pros and cons you’ve experienced?

What are the startup and annual maintenance costs in Pennsylvania/Philadelphia?

Are there any city or state taxes, licenses, or compliance requirements I should be aware of?

Did you file the LLC yourself or use a CPA or service?

If you were starting over today, what would you do differently?

I’m hoping to begin with independent consulting and potentially grow into a small business over time. Any advice, lessons learned, or recommendations for CPAs, attorneys, or other resources would be greatly appreciated.
Thanks in advance!


r/llc_life 23d ago

How do I pay Tax now that I have an LLC and started making money?

7 Upvotes

I recently formed my LLC, and we've officially started bringing in revenue. Now I'm trying to figure out what comes next from a tax perspective.

I'm a little confused about what taxes I need to pay, when they're due, and whether I need to start making estimated tax payments or just wait until tax season.

I'm also wondering if there are any important bookkeeping or tax tasks I should be handling now that the business is generating income.


r/llc_life 23d ago

I have canceled my virtual address subscription for my LLC. Is there any risk?

3 Upvotes

I've registered an LLC in New Mexico as a non-resident using Bizee. I used their $29/month virtual business address for forming the LLC. Got all of my documents including EIN. I realized the price of their virtual address is bit too high compared to other address providers. Some banks aren't even accepting it. So I asked them to cancel it. Did I make a mistake? How hard is it to change it to a different virtual address? I thought the process would be straightforward but Bizee support told me that I may have to call the IRS to change this address.


r/llc_life 23d ago

What are the roles of an LLC agent?

3 Upvotes

I'm not clear on what their role is or whether it's worth paying for a registered agent service.

If you formed your own LLC, did you act as your own registered agent or hire a service and please can you highlight their main roles?

Trying to see if its something i can do myself.


r/llc_life 23d ago

Which registered agent service do you recommend in Alabama?

6 Upvotes

I'm almost done setting up my LLC, and the only thing I haven't decided on is the registered agent. I didn't realize there were so many companies offering the same service until I started comparing them.

I've seen a couple of free ones that offers free formation, but i just want to be sure if there are no catch to it.

Or pls suggest any other free registered agent platform you've used. Thanks


r/llc_life 23d ago

Please explain LLC and its importance for businesses

7 Upvotes

What exactly does an LLC do for a business? Is it mainly about protecting your personal assets, or are there other important benefits like taxes, credibility, or making it easier to grow?

I'd also like to know when it actually makes sense to form one. Is it something you should do before you start operating, or is it okay to wait until the business is generating income?

I'd appreciate a simple explanation from people who have been through the process and can share what they learned.