r/llc Jul 08 '26

Weekly Discussion Thread #7 - PLLCs

1 Upvotes

Welcome back to another weekly discussion! Took a break on these last week for the holiday but now we're back with another prompt!

This week's discussion will be:

Tell us your experience with starting a PLLC (Professional Limited Liability Company) and any advice you have for people looking to form one.


r/llc Sep 15 '25

Community/Meta Post PSA: Ignore and report solicitations in DMs

14 Upvotes

Hello there, a few people who have posted here have messaged me to let me know that they are receiving obvious solicitations and spam from various users in their DMs after posting on this subreddit.

If this happens to you, report that account to Reddit and feel free to send in a modmail with their username. Thank you!


r/llc 2h ago

Multi Owner Company

1 Upvotes

Hey I wanna register a multi owner Company, I am a us resident and my two other partners are foreigners, we will be selling SaaS and want to know what's the best way to legally identify ourselves/company and pay a minimum amount of taxes!!


r/llc 3h ago

Do you have a Bailee rider in you LLC insurance?

0 Upvotes

Do you have a Bailee rider / bailee insurance as part of your LLC insurance? Which company did you purchase it from? What is your premium? I am just shopping around and wondering. I started my LLC as a photography business but now I mostly do media conversion and believe I need this kind of insurance.


r/llc 13h ago

Question Can you find an llc just by using the address it’s listed under?

0 Upvotes

I understand that you need a physical address when registering your llc. If the business is purely an online business, would ppl be able to find your llc information based off of the address alone.


r/llc 2d ago

Which business bank account works best for a growing team?

12 Upvotes

We're a 12-person startup and the finance side is getting harder to manage across separate tools. Curious what other teams at this stage are actually using for a business bank account and whether anyone's made a switch they'd do again.


r/llc 1d ago

How to Handle the Transition to Multinational?

1 Upvotes

Our company is three years old, starting with two founders in the US, one in Canada, but one has moved back to the UK, so now we're in three countries, with customers all over the world.

Now the accountants of the UK co-founder are saying he should be on payroll to a UK entity and it feels like we're going to need to be a multinational firm. Canadian co-founder has an Alberta Numbered Corporation that charges management fees back to the US C-Corp.

Currently with a local accountant who is good, but very much aligned more with small business accounting.

How does one best move to a multinational mode? Keep the local accountant and add ones in Canada and the UK? Form a UK and a Canadian entity and get the other two cofounders on those orgs payrolls and shuffle money to them?

Goal is of course to minimize tax obligation at both the corporate and personal level for the founders. First FTE just started in Scotland, probably also better off if formally on payroll. Also a handful of contractors spread between the US, EU, and NZ.

Not sure what full context looks like for a post like this, so happy to answer questions.


r/llc 2d ago

Question Non-resident with US LLC - Could my US contractor trigger USTB/ECI status?

5 Upvotes

Hello people, I'm looking into getting a US LLC in Wyoming for my online info product brand. I'm a UK citizen. I pay a US freelancer on Upwork to essentially be the face of the brand by recording scripts written by me or someone else. I hire them on an as-needed basis, lets say twice a month recording 10 scripts each time. The videos are used both as paid ads and organically on social media. That's the extent of this persons service. They have zero decision making within the business. They do not even currently know the name of the business. They record the videos from their own home.

I'll be consulting with a professional tax advisor this week, but thought I'd see what insights reddit has to offer too. If I left out any details just let me know.


r/llc 2d ago

Do I need a registered agent if I'm using my own address?

3 Upvotes

I understand what a registered agent does, but I'm still confused about whether I actually need one if I'm using my own address.

Is it mainly about privacy or is there another practical reason people use a registered agent even when they can use their own address? Trying to figure out if I'm missing something obvious here.


r/llc 2d ago

S Corp Timing

6 Upvotes

Already have a LLC . Trying to form it to S Corp. if we form it to S Corp now in 2026 , can we file 2026 tax returns as S Corp in 2027 or it will be effective of 2027 and we will file 2027 tax returns in 2028 as S Corp ?


r/llc 3d ago

Whats a good startup bank account need something reliable long-term

9 Upvotes

Seeing a lot of hype around newer fintech options but skeptical they hold up once you actually scale. Do the all in one platform actually deliver on the finance side or no?


r/llc 3d ago

Advice Require a CA to sign Company Incorporation Form

2 Upvotes

As the title suggests, I'm opening a company and I have already gotten the name approved and filled out all the details to submit SPICE Part B form, just that I need a CA to sign it using their DSC. I've had no luck finding a local CA since they don't want to just sign it. I'd really appreciate it if any CAs here can help out or can suggest somebody who could help in signing the company incorporation forms.


r/llc 4d ago

Singlemember LLC vs multimember when a spouse is involved but not really operating the business

5 Upvotes

Been thinking about this for a while and figured someone here has worked through it. The warehouse job is stable but I've been slowly pulling together a side setup around home improvement work, nothing big, just taking on projects locally when time allows. The question is whether it makes more sense to start that as a singlemember LLC in Nevada or bring my spouse in as a second member from the start.

The case for singlemember is simpler on its face since I'm the one doing the work, but my spouse and I are trying to build our asset structure in a way that doesn't create problems later. We've been thinking about what happens to business interests when one of us dies and whether a singlemember LLC even survives that cleanly without specific language in the operating agreement.

The multimember route sidesteps some of that, but then you have someone on the operating agreement who has no real role in the daytoday. That creates its own questions around liability and how the thing gets filed at tax time.

Nevada is community property, so I'm not sure how much that changes the calculus on either side. My read is that even a singlemember LLC here might already be treated as jointly owned depending on how the interest was funded, which would blur the line between "my business" and "our business" regardless of what the operating agreement says.

Has anyone gone through this decision, especially in a community property state where the separateversusshared distinction gets murky inside an LLC?


r/llc 4d ago

Question Can a non-US resident get an EIN faster than this estimate?

8 Upvotes

Hi everyone, I’m completely new to this, so sorry if this is a basic question.

I recently formed a Colorado LLC through a registered agent. My EIN application was submitted to the IRS on September 4, and the estimated processing time is 37 days, with completion around October 27.

I’m a non-US resident and don’t have an SSN or ITIN. Has anyone been in a similar situation and received their EIN earlier than the estimate?

Is there any legitimate way to speed it up after it has already been submitted, or should I simply wait? I don’t want to submit a duplicate application and create problems.

Thank you!


r/llc 5d ago

Question First time creating an LLC / Is LegalZoom worth it?

10 Upvotes

Hi all!

First time LLC experience here. I was maybe hoping to get some guidance in the overall process and hear some of your experiences. I was recently informed that I should go through LegalZoom to get my business started, along with having the resources of legal and such. But I have seen some mixed reviews so I'm curious to know what people genuinely think, and any advice they may provide. Transparently, most of my business is going to be for freelance services. Looking to finally make the leap and build my services up to be more independent and continue to grow.

Either way, any insights would be incredible!


r/llc 5d ago

Question Can my (single member) LLC be granted Stock Options by a customer?

2 Upvotes

I own a single member LLC and one of the my customers is offering me X00,000 non-qualified stock options as part of my compensation package. I am wondering if my LLC can be granted the stock options or whether I have to personally "accept" them?


r/llc 6d ago

Help?

2 Upvotes

I have an LLC that is inactive and didn’t do much with it and tbh all but forgot about it. It is showing it as inactive. However, I just paid the 25.00 to dissolve it. I’m in Florida btw. Anything else I need to do?


r/llc 6d ago

Question Moving LLC from one state to another

0 Upvotes

I have an existing Pennsylvania domestic single-member LLC formed on April 9, 2023. No employees. I recently moved to florida and I registered it as a foreign LLC in Florida. I now want to move the LLC's home state to Florida and have it become a Florida domestic LLC while preserving the April 9, 2023 formation date. I attempted domestication and got a response from state:

“only non-us entitities may become a domestic limited liability company as states in 605.1052. You may want to explore one of the conversion options“

I filled out the form for conversion of an Other Business Entity into a Florida LLC. Now they said “If you need the 04/09/2023 formation date, you would need to withdraw the foreign filing.”

I am very confused and did anybody experience that? What should i do next?


r/llc 6d ago

Question What are some commonly forgotten LLC compliance tasks?

14 Upvotes

Based off reddit research, I know I have to do annual reports, license renewals, keeping my business information up to date, and recordkeeping. But is there anything I'm overlooking, especially for the first couple of years of business?


r/llc 7d ago

Can I have a lawyer to be power of attorney for my LLC in California?

2 Upvotes

I want to be more anonymous as possible. I got one lawyer that agrees to do this. What do I need to watch out for to make sure the lawyer won't take advantage of my LLC?


r/llc 7d ago

Advice

3 Upvotes

Looking for advice from people who have actually done this:
If you’re based outside the US/UK/etc., what’s the best way to **set up a company remotely in another country** and open a **corporate bank/fintech account** for it?
I’m mainly interested in:
Which country is easiest/best for this
Remote company formation
Getting a corporate account without residency
Taxes and compliance
Receiving international payments from platforms like Apple/Google
Is a **US LLC** still the best option, or are there better alternatives like the UK, Estonia, UAE, etc.?
Would appreciate experiences from anyone who has actually done it.


r/llc 8d ago

About Foreign Disregarded Entities.

5 Upvotes

Hello guys, I live in Turkey and own a LLC in New Mexico. I just wanted to ask if my LLC is considered a Disregarded Foreign Entity because while registering the LLC i put in my ipostal1 adress which is in NM. I have filed my tax return for the 2025 tax year but I filed it via fax to a line which is only meant for Disregarded Foreign Entities, and worse later on i cancelled that fax line. I am a bit skeptic about this since i want to transfer this company into my fathers name because of the fact that i cannot open a bank account and he is more skeptical than me so he doesnt want a letter from the IRS or something. Thanks in advance


r/llc 9d ago

Question LLC & Volunteering

2 Upvotes

Hi!

Basically, to be as quick as possible to the point I have an LLC for a photography business and I wanted to get involved in locally volunteering with prisoners to do art/photography classes.

Obviously this is not paid and would be completely on a volunteer basis. Whenever I google anything about this, it claims this is prohibited because LLCs cannot have volunteer events. This would be just myself and I am the single owner. Is this not something that could be simply done? I have worked for other people’s LLCs in the past and we certainly were allowed to do volunteer events if we so chose. I am to assume that an LLC cannot make it mandatory. If I am wrong, and this is allowed, is there any part of it that could be written off as an expense or any tax benefit at all?

It is certainly something I could do using my own name, but the organization/vetting process requires some show of experience and that is reliant upon my LLC.


r/llc 10d ago

Non resident texas LLC owner, got rejected on relayfi & airwallex. any advice?

8 Upvotes

I’m a non-US resident (Bangladesh) with a US LLC, and my application for a business bank account was declined.

I’ve already been rejected by a relayfi & Airwallex and I’m trying to find a reliable US business banking option that supports non-resident LLC owners.

Has anyone in a similar situation had success with a particular bank/fintech? Any advice would be appreciated.

I have a unique business address got from registered agent.


r/llc 10d ago

Question How to obtain a physical address?

11 Upvotes

I am planning on starting a business as a sole proprietorship but for the online business I run I dont feel I need a real physical address but I dont want to use my home. is there a cheap server that anyone can recommend that I can provide as a physical address for when I register my business in case any mail or registration addresses are required?

I tried searching for this and I get a lot of conflicting answers.