LLC & Series LLC Services
Liability Protection
Indemnification Agreement
This is a strongly recommended agreement that every single business needs and here’s why. When you incorporate, you are protected from personal liability (provided you follow all corporate formalities) as the owner of the company. Shareholders are protected from liability by statute but directors and officers are not. With the indemnification agreement if a director or officer is found liable for a decision made in the regular course of business, the corporation will pay for any court costs and judgments the officer or director incurs in defending a lawsuit or action.
EIN (aka FEIN, Tax ID, Federal Tax ID, Employer Identification Number)
County Recordings (aka Compliance with Post Incorporation Requirements of BCA)
Tax Related
Business Registration
You will need to file a business registration in two instances: if you have employees or if you need a sales tax (or reseller’s) number. AMC Legal can prepare and file this for you. (This will first be sent to you for your review and signature before it is filed).
If you will have employees (even if you employ yourself)
Business Registration
Report to Determine Liability for Unemployment
New Hire Reporting Forms
DBA (aka Doing Business As, Assumed Name, Fictitious Name)
Many people can be confused by this since if you were a sole proprietor you probably registered a DBA with the county. After you incorporate, the DBA is something different. After you incorporate, a DBA is required if you want to use any name different than your legal name, even if you leave the Inc. off your name, you will need to register a DBA.
For example, if your corporation is called ABC Inc. and you want to use the name ABC you will need to register a DBA. Also, in the same example, if you want to use the name AB you will also need a DBA.
AMC Legal can file your DBA with the Illinois Secretary of State for $260 for 2015. The filing fee changes every year. The DBA will also need to be renewed in every year that is divisible by 5, i.e. in 2015, 2020 etc. AMC Legal can renew the DBA for you for $260.
Corporate Counsel Club
Silver Service $90
Give me a call throughout the year with any legal questions you have regarding your business.
Registered Agent Service $150
Agreements
Custom Agreements
Shareholder’s Agreement
Multi Member Operating Agreement
- What if a Member wants out of the Company?
- What happens to the membership interests when a Member dies?
- What happens in one Member stops participating in the business?
- How will profits be distributed?
- What happens to intellectual property created by a Member for the business?
- What if a Member leaves to compete with the company?
- What if my partner wants to add more Members but I don’t?
- What if I want to close the business?
Series LLC Operating Agreement
Series LLC Designation Operating Agreement
Indemnification Agreement
Employment Agreement
Independent Contractor Agreement
Lenders Agreement & Promissory Note
Changes to Your LLC
Change Name
Change Registered Agent
Change Provisions
Change Member
Change Managers
Change Officers
Dissolution
If you have decided to close your business you must first wind up any business you have pending. Once your business is wound up you can then file the dissolution paperwork with the State. AMC Legal can do this for you. If you do not owe any money to anyone, AMC Legal can prepare the notices, minutes and resolutions for you and, once signed, can file the paperwork with the State for.If you do owe creditors, AMC will also prepare a notice to creditors letter for you to send to notify any and all creditors for an additional fee. It will be your responsibility to send the letter to your creditors. The documents must be signed and faxed or mailed back before the paperwork can be filed with the State.