LEGAL ENITY - INC/LLC SET UP

PLEASE NOTE: The fee listed is Ace Licensing Filing fee only. State fees will apply. One of our compliance managers will be reaching out to you shortly to go over the state fees required and to collect all necessary information to process your request. You can visit our compliance managers list on our home page to reach out to an agent directly to collect the state fee information first.

You may have noticed that business names often end with an abbreviation such as LLC or Inc. But what do those abbreviations mean? What is the difference between LLC and Inc.? In fact, what is an LLC?

The letters may seem confusing, but LLC and Inc. are abbreviations for different kinds of business entities. “LLC” stands for “limited liability company.” The abbreviations “inc.” and “corp.” indicate that a business is a corporation. Both LLCs and corporations are formed by filing forms with the state. Both protect their owners from liability for business obligations. But they are different in the way they are owned, managed and taxed, and they have different recordkeeping and reporting requirements.

PLEASE NOTE: This process can take up to 6 weeks to complete with the SOS in your Base State of filing.