I'm about to register my business with the state, and was wondering if anyone had advice on the best way to set it up (i.e. L.L.C., P.L.L.C., P.C. etc.) given that the business will consist of just me as the sole proprietor.
Thanks!
MDH-ARCH
Nov 13, 18 4:36 pm
I just did this.. I am currently an LLC which is easier to file taxes from what I understand as opposed to a corporation. You will have to establish your business first then send your business letter of formation as well as your tax number to the state, all of which will be reviewed by the board. You will have a fee of 300-$500 depending on what state your are in. Then you will receive a certificate to offer architectural services. This was my experience in NJ. Good luck
mookey
Nov 14, 18 2:04 pm
Thanks MDH-ARCH!
thisisnotmyname
Nov 14, 18 2:16 pm
Check with your state's architectural licensing board to verify what forms of incorporation are permitted for architectural firms in your state. Some states do not permit architectural LLCs. They may also have restrictions on what the business can be called.
If it is allowed in your home state, a single-member LLC is a very easy entity for you to set up and operate as an architectural business.
Hi.
I'm about to register my business with the state, and was wondering if anyone had advice on the best way to set it up (i.e. L.L.C., P.L.L.C., P.C. etc.) given that the business will consist of just me as the sole proprietor.
Thanks!
I just did this.. I am currently an LLC which is easier to file taxes from what I understand as opposed to a corporation. You will have to establish your business first then send your business letter of formation as well as your tax number to the state, all of which will be reviewed by the board. You will have a fee of 300-$500 depending on what state your are in. Then you will receive a certificate to offer architectural services. This was my experience in NJ. Good luck
Thanks MDH-ARCH!
Check with your state's architectural licensing board to verify what forms of incorporation are permitted for architectural firms in your state. Some states do not permit architectural LLCs. They may also have restrictions on what the business can be called.
If it is allowed in your home state, a single-member LLC is a very easy entity for you to set up and operate as an architectural business.