LLC in PA - How to Form a Pennsylvania LLhttp://www.llcinpa.com - LLC in PA In this video, we explain the steps required to form a PA LLC (a Pennsylvania LLC or Limited Liability Company). A PA limited liability company is a great way to protect your personal assets, limit your liability, take advantage of tax incentives, and further legitimize your business/company/investments. 1 - First, you will need to research your desired business name to make sure it's available for use. 2 - Second, you will file a Certificate of Organization and a Docketing Statement with the corporation bureau. This officially registers your PA LLC with the State of PA. 3 - Third, you will apply for a federal EIN number. This is also called a Federal Tax ID Number. This is used to open business bank accounts, manage payroll (if applicable), pay taxes, etc. 4 - Fourth, you will prepare a Business Operating Agreement. The is similar to the 'bylaws' of a corporation and sets forth how profits are distributed, how ownership is split, how the business is managed, etc. We will show you to do this all yourself in less than 15 minutes. Please check out LLC in PA at http://www.llcinpa.com/form-an-llc-in-pa for detailed instructions on how to properly form a Pennsylvania LLC. Best wishes with your new business endeavors !
