Start and run your US LLC from anywhere in the world
Foundeck is an ecosystem for global founders to start
and manage a US company from anywhere in the
world
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Why Choose Foundeck?
Start your LLC from anywhere in the World
Expedited EIN Services for US and non US residents
Business account and payment gateway setup support
Annual compliance filing Reminders and Assistance
Access up to $400,000 in perks and rewards
24/7 Unrivalled and fast customer service
Pricing
Simple and transparent pricing
Start your US LLC
Start your LLC in Delaware or Wyoming
What's included
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Formation Filings
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Fast Tax ID (EIN) setup
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Registered Agent
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Operating Agreement
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Open Business bank account
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Open Payment Gateways
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Official Mail Forwarding
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$300,000 in Perks and Rewards
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All State fees included
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Lifetime Business Support
$395
One Time Payment
Key features of a
US LLC
Members (owners) of an LLC enjoy limited liability, meaning their personal assets are generally protected from the business's debts and liabilities. This is key advantage for personal assets protection.
By default, an LLC is a pass-through entity for tax purposes. Profits and losses are passed through to the individual members, who report them on their personal tax returns.
LLCs have flexibility in choosing their management structure. They can be member-managed, where all members participate in management, or manager-managed, where members appoint managers to handle day-to-day operations
While not required by all states, having an operating agreement is highly recommended for an LLC. This internal document outlines the rights, responsibilities, and relationships of the members, as well as the operational and financial structure of the company.
An LLC can have one or more members, and there are no restrictions on who can be a member. Members can be individuals, corporations, or other LLCs.
Typically, membership interests in an LLC are transferable, allowing members to sell or transfer their ownership interests to others. However, the operating agreement may include restrictions.
An LLC is required to have a registered agent with a physical address in the state where the company is registered. The registered agent receives legal and official documents on behalf of the LLC.
An LLC does not have a fixed duration and can exist indefinitely. Members can choose to dissolve the LLC at any time, subject to the provisions in the operating agreement.
Unlike corporations, which are often required to distribute profits based on the number of shares held, LLCs have flexibility in how they distribute profits among members.
Frequently Asked Question
about starting an LLC
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An LLC, or Limited Liability Company, is a business structure that combines the limited liability protection of a corporation with the flexibility and simplicity of a partnership or sole proprietorship.
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By default, an LLC is a pass-through entity, meaning that profits and losses are passed through to the owners and reported on their individual tax returns. However, an LLC can also elect to be taxed as a corporation.
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Limited liability means that the personal assets of the LLC owners (members) are generally protected from the company's debts and liabilities. In the event of legal action or debts, personal assets like homes and cars are typically not at risk.
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While both LLCs and corporations provide limited liability protection, LLCs offer more flexibility in terms of management structure and profit distribution. Corporations have a more rigid structure and are typically subject to double taxation.
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To form an LLC, you generally need to choose a unique business name, file articles of organization with the state, appoint a registered agent, and create an operating agreement outlining the company's internal rules. Foundeck handles all these procedures on your behalf.
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While not always legally required, having an operating agreement is highly recommended for LLCs. It outlines the ownership structure, management roles, and rules for the business, providing clarity and legal protection.
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Yes, a single-member LLC is a common and valid structure. It offers the same limited liability protection as a multi-member LLC but with simplified management.
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Yes, an LLC can be owned by individuals, other LLCs, corporations, or even trusts. The ownership structure is flexible and can be adapted to the specific needs of the business.
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Yes, an LLC can change its tax status. For example, it can elect to be taxed as an S corporation by filing Form 2553 with the IRS. Such decisions should be made in consultation with tax professionals.
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Requirements vary by state, but common obligations include filing an annual report, paying required fees, and maintaining a registered agent. Compliance is crucial to preserving the LLC's good standing. Foundeck sends you reminders for annual compliance filings and handles everything on your behalf.