Colorado LLC Formation
If you want to form a business entity that earns a profit, but limits taxes and personal liability, you may want to consider forming a Limited Liability Company (LLC). LLCs also have the same powers afforded to a corporation. Forming an LLC in Colorado is easy, fast, and affordable.
| Colorado LLC Costs | |
|---|---|
| TotalLegal Fee | $99 |
| Colorado Filing Fee | $50 |
| Total | $149 |
Naming the LLC
The name of the limited liability company must contain the term or abbreviation “limited liability company”, “ltd. liability company”, “limited liability co.”, “ltd. liability co.”, “limited”, “l.l.c.”, “llc”, or “ltd.”.
Required Information
You will need to provide the name of your LLC, the primary business address, the Registered Agent's name and physical address, and the name and address of the organizer (the person forming the LLC).
Steps to Forming a Colorado LLC
- Complete the TotalLegal online interview.
- TotalLegal performs an LLC name availability search.
- TotalLegal will file your LLC with the Colorado Secretary of State within one business day.
Processing time can vary, but Colorado filings typically take . When approved, TotalLegal will upload your Articles of Organization to your account, and send you an email letting you know you are approved to do business in Colorado.
Colorado LLC Advantages
- Colorado LLCs are usually approved immediately if filed online.
Maintaining an Colorado LLC
It's not hard at all. Each Colorado LLC is required to file an annual Periodic Report. Once your LLC is filed with the state, it will be assigned a filing date. The Periodic Report can be filed up to two months before the due date. The filing fee is $25. The report and the fee can be completed and paid easiy online.
Making Changes to Your LLC
Making changes to your LLC in Colorado is pretty inexpensive compared to other states. Most changes you need to amend your LLC and/or change your Registered Agent can be done online, most for $25.00 or less.
Why use TotalLegal?
TotalLegal provides your LLC with a free Operating Agreement. Since your approved LLC's Articles of Organization do not list the owners (members) of the LLC, having all of this information in your Operating Agreement will make opening a bank account for your LLC in Alaska very easy.