When preparing to start an LLC in Connecticut, you have many decisions to make. Your business will need a name, for example, that no one else in the state is using. You might also consider creating a formal business entity to protect yourself from your business’ debts and liabilities. A limited liability company (LLC) allows you to start a business without putting your own assets at risk.
Since you would probably rather focus on getting your business started, an LLC formation service can take much of the work involved in forming the business entity off your plate. The following is an overview of the Connecticut LLC formation process and a list of five of the best LLC services in the state.
Disclaimer: the rates and offerings below are subjected to changes made by the service providers.
An LLC is a type of business entity under Connecticut law. It is similar to a corporation in some ways, and more like a partnership in others. LLCs are “pass-through” entities for federal tax purposes. The members pay taxes on the LLC’s profits and write off its losses. This is similar to how the IRS views partnerships and S corporations.
The LLC formation process, generally speaking, consists of the following steps:
Tailor Brands has helped new businesses get started for almost a decade. We offer cutting-edge digital tools for numerous business needs.
Tailor Brands’ central services involve LLC formation. But we also provide all-in-one LLC formation services, which include:
We also help businesses with their branding and marketing needs, including:
Tailor Brands offers competitive pricing:
Tailor Brands’ comprehensive offerings meet a wide range of needs for new business owners. We leverage digital technology to provide customers with a convenient service platform.
ZenBusiness is a new player in this business, it’s primarily targets aspiring small business owners and especially those who struggle to understand entrepreneurial concepts or requirements.
The company offers a variety of services, including LLC formation, website creation, and web hosting. Its platform provides tools that can guide people through the business startup process. It also offers a grant program for customers to help with startup costs.
The company offers a free basic LLC formation tool that covers the documents filed with the state. Additional services, such as the operating agreement and EIN, cost extra. It offers a “Pro” package for $199 per year that includes ongoing compliance assistance. The “Premium” package, at $349 per year, adds website development and hosting.
Some services, such as registered agent service, are only included in these packages for one year. In the second year, customers must pay an additional fee.
ZenBusiness provides fairly comprehensive services on the administrative side of LLC formation. They specifically target entrepreneurs to expand opportunities for starting new businesses. Their marketing and branding services are not as extensive as some of their competitors.
LegalZoom is a well-known brand thanks to extensive advertising. Since its formation in 2001, the company has firmly established itself in the online legal market.
The company offers assistance with legal document preparation in numerous areas of business law, including business formation, as well as prepaid and online legal services.
Like other companies on this list, LegalZoom offers a free LLC formation service that covers the minimum requirements to create a business entity. Its “Pro” plan jumps to $249 plus the state fee and includes help with the operating agreement, the EIN, business licenses, taxes, and insurance. The $299 “Premium” plan includes “hands-on assistance” from a business attorney.
Registered agent service is separate and costs an additional $249 per year. LegalZoom also offers a la carte services for individual parts of the LLC formation process, such as:
LegalZoom might lead the pack when it comes to experience and brand recognition, but that could come at a cost for new business owners. The company offers less than some competitors in areas like marketing and website development.
Founded in 2008, RocketLawyer assists with legal documents in numerous areas, including LLC formation, estate planning, and family law.
RocketLawyer’s business services include formation and ongoing support, including:
RocketLawyer operates on a subscription basis, with many prices depending on whether one is a paid subscriber. A RocketLegal+ subscription costs $39.99 per month. A discounted membership is available if one pays an annual fee of $239.88. Subscribers have unlimited access to the company’s library of legal documents and the use of services like RocketSign. A free 7-day trial is available.
RocketLawyer offers access to an extensive range of legal documents. Its business formation and registered agent services are comparable to many competitors in price. The company does not, however, offer assistance in marketing and branding.
Northwest Registered Agent provides straightforward LLC formation services without many bells and whistles.
The company offers a simple LLC formation bundle that includes:
The basic LLC formation package is $39 plus state filing fees. Registered agent service is free for the first year and $125 per year afterward. Some Business Identity services are included in the LLC package. Others have free trials, followed by monthly fees.
Northwest Registered Agent offers LLC formation, registered agent, and web hosting services at a low cost and with an easy-to-navigate website. It does not upsell on its services. This is the full extent, however, of what the company offers, so entrepreneurs needing additional marketing assistance would need to seek those services elsewhere.
It is possible to create an LLC on your own. You just need to learn what the state requires in terms of filing, recordkeeping, and taxes. You will need to do all those procedures yourself. Opting for an LLC formation service can take away some of the red tape and ease the pressure on you. You can then focus on actually working on your business.
If you plan to start a business in Connecticut, registering it as an LLC can offer many benefits. While the process might seem daunting, you can access a wide range of resources to help you get started.
This portion of our website is for informational purposes only. Tailor Brands is not a law firm, and none of the information on this website constitutes or is intended to convey legal advice. All statements, opinions, recommendations, and conclusions are solely the expression of the author and provided on an as-is basis. Accordingly, Tailor Brands is not responsible for the information and/or its accuracy or completeness.
Terry is a serial entrepreneur with over 25 years of experience building businesses across multiple industries – construction, real estate, e-commerce, hotelier, and now digital media. When not working, Terry likes to kick back and relax with family, explore Taoism’s mysteries, or savor the taste of fine Italian red wine.
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