Forming an LLC in New Jersey

Guide to Forming an LLC in New Jersey. If you want to have an LLC company in New Jersey, let's start step by step.

In this guide, I will share with you the practical steps of forming an llc in New Jersey, USA.

If you want to form an affordable, minimum-cost LLC and run your online business in New Jersey, USA, you can follow this guide step by step.

If you are ready, let's get started.

Why New Jersey?

In terms of entrepreneurial opportunities, the state of New Jersey is quite popular. Additionally, New Jersey is home to more than 870,000 small businesses and is a leading state for thriving life sciences, financial services, manufacturing and transportation.

To form an LLC in New Jersey, your LLC is registered with the New Jersey Department of Revenue. The Registered Agent company does this registration on your behalf.

Things to know

• As long as you separate your business and personal assets, as an LLC owner, you will not be held personally responsible for the debts incurred by the company.
• LLCs have fewer record keeping requirements than Corp companies
• LLCs are not subject to double taxation like Corp companies
• Your company gains prestige due to its location
• Annual franchise tax fee is 75$

To form an LLC company in Usa, you need to work with a Registered Agent. Registered Agents are organizations authorized by the state that help us form our company remotely and from which we need to receive subsequent services.

You can find introductions of many Registered Agents in this blog, but for this guide, we will set up a company in the state of New Jersey by getting service from Inc Authority (you can click here to review) The reason why we chose Inch Authority is that the price is very affordable and the company is reliable.

About Inc Authority

Inc Authority has been providing Registered Agent service to entrepreneurs in different parts of the world to form their companies for nearly 30 years. Their aim is to provide affordable and quality service to entrepreneurs as they start their business life.

NOTE: Due to its financial policies, IncAuthority rejects the transaction with an error on MASTERCARD-enabled credit cards from non-US countries. You must use VISA enabled cards. If you do not have a VISA card, you can purchase an ininial prepaid card and make transactions with this card. You can create a virtual card instantly by downloading the ininial card mobile application.

Inc Authority provides services to entrepreneurs residing in the USA or outside the USA to form companies in different states of the USA. Their portfolio includes almost all states of the USA. Their prices are also very affordable compared to other Registered Agents.

If you are trying to form an LLC in Usa at an affordable price, I can say that Inc Authority is one of the most suitable solutions to start with. Thanks to the guides on this website, many entrepreneurs have formed their companies safely. You can look at the comments made by the entrepreneurs under the topics. Anyway, let's get back to the topic.

EIN (Federal Tax Identification Number) is a number issued free of charge by the government. With Inc Authority, you can get eIN service for an additional fee of $49 during installation. If you want to get this EIN number yourself instead of paying $49, this is also possible. Getting an EIN Number from the USA , you can fill out the form and apply yourself, free of charge.

Inc Authority provides a very good reference in terms of customer satisfaction. Real customer reviews on Trustpilot prove this.

your company with Inc Authority by clicking this link , an extra 20% discount coupon appears from time to time during the installation phase. If you are lucky, you can take advantage.

Requirements 

• Inc Authority does not provide you with a free address service for company formation (for non-US residents). But I will offer a cost-effective solution for this later in the article.
• No ID or passport required, everything is done online
• For your EIN, they fill out the form for you and deliver your EIN digitally to the IRS for $49. (If you want, you can get your EIN number yourself without paying this fee. See here .)
• Their costs are lower than other Registered Agent companies. I can even say it is the cheapest.
• 1-year registered agent service is provided to you free of charge. You do not need to do anything for this; this service is activated free of charge in all institutions.

Cost of Forming an LLC in Usa with Inc Authority

Depending on which state you will establish the company in, there are one-time state filing fees that must be paid at the beginning of the establishment, which vary from state to state. These vary by state, and in some states, you must pay these fees in subsequent years, while others do not. So it is $0. ( For example: New Mexico )

In this guide, we will follow the steps of forming an llc in the state of New Jersey, so I tried to calculate the costs based on this state. Initial filing and installation fees may change from time to time, you can find the current costs below.

One-Time Costs for Installation

• The filing fee for the state of New Jersey is $128
• You need to show a mailing address when establishing your company. This address does not have to be in the state of New Jersey, you just need to show an address where you can receive mail. New Jersey is not required as an address, but from Anytimemailbox.com for $5.99 . New Jersey is the cheapest state for an address. Or you can get it from a place that provides another mailbox service, it doesn't matter. Another option is Wyomingmailforwarding.com, this company allows you to show you an address to establish your company for only $15. You can make the payment and get your address instantly.
• Virtual phone number in the USA: $3 (You can get it via Zadarma from this link ) or you are free to use a different application
• for EIN service (If you want, you can fill out the form yourself for free and get it, see here .)
• Company Agreement 89$

When you add an additional $15 via wyomingmailforwarding to this package, which is $217 in total, you will be able to establish your New Jersey company for $217

Monthly – Annual Costs After Installation

• of $75 each year . This amount must be paid annually to keep your company in good standing. You can also pay online yourself on the state website.
• Virtual phone number: 3$ /Month ( here )
• Registered Agent annual service fee is $99 / Year (This service is free for the first year, and you have to pay this fee from the next year. IncAuthority offers a very affordable Registered Agent service)
• Your total annual company expenses are around $175. Assuming that you got the address from Wyomingmailforwarding.com, you do not need to pay for the address every month.

Steps to Establish an LLC Company in America with Inc Authority

After reading the explanations above and taking into account the annual and monthly expenses, you can follow the steps below to form an LLC company in Usa with Inc Authority.

NOTE: Due to its financial policies, IncAuthority rejects the transaction with an error on MASTERCARD-enabled credit cards from non-US countries. You must use VISA enabled cards. If you do not have a VISA card, you can purchase an ininial prepaid card and make transactions with this card. You can create a virtual card instantly by downloading the ininial card mobile application.

• First, log in to Inc Authority.com website from this link

On the next page, you can select the business type and state in which you want to form the LLC.

• We select LLC as the Business type and New Jersey as the State, then we continue by pressing the Save and continue button.

• In the next step, we need to enter information about the business owner. We proceed to the next step by entering the name, surname, e-mail and US phone number you rented from Zadarma and accepting the contract below.

• In this step, we are asked to enter the details of the LLC company.
• When choosing a company name, do a search on the state website ( from this link ). If there is a name similar to the name you have chosen, you must find different alternatives, otherwise it will not be allowed.
• The extension of the company name must end with “Limited Liability Company”, “LLC” or “LLC”
• You can type a name for your company and enter a brief English description about your business. We can proceed to the next step by typing E-commerce business or Digital Services (a 20-character description) and checking the boxes below (Will your business accept credit card payments? That is, it asks whether you will accept credit card payments.) and ticking the online box.

• Having an address in Usa

At this stage, it is mandatory to have a mailing address for your company, as I mentioned above. You need to show a mailing address when establishing your company. This address does not have to be in the state of New Jersey, you just need to provide an address where you can receive mail. New Jersey is not required as an address, but from Anytimemailbox.com for $5.99 . New Jersey is the cheapest state for an address. Or you can get it from a place that provides another mailbox service ( in this link ), it doesn't matter. Another option is Wyomingmailforwarding.com, this company gives you a lifetime fee-free address to set up your company for only $15, they only ask for $10 per document to scan incoming mail and send it to you. You can make the payment and get your address instantly here.

• Now you can enter the address you received from Wyomingmailforwarding.com or Anytimemailbox into the screen in the step below. You can check the same address box as the shipping address, tick the "I want to receive the following messages on my phone" section and proceed to the next step.

• In this step, they ask if they will get the EIN number for you. You can ask them to get the EIN number Inc Authority for $49. EIN (Federal Tax Identification Number) is a number issued free of charge by the government. If you want to get this number yourself instead of paying $49, this is also possible. Getting an EIN Number from America, you can fill out the form and apply yourself. In fact, the process is very simple, but sometimes there are people who do not want to bother. For this reason, I wanted to add this price as an option.

• In this step, it is essential to include the Operating Agreement, this agreement will be your protection shield in the future. Additionally, some banks may be required to open an account.

• After that, you will be presented with extra add-ons. These are: lawsuit protection (a contract that rejects when a lawsuit is filed) Express delivery (mailing your documents quickly) Company seal, Meeting minutes, Domain name (do not mark 29$ too high) These options are not required at the stage of opening a stripe account, but if you are going to do something different. You can include the lawsuit protection service or the “Legal Documents Package with Ownership Certificates, and Seal” package for $99. You can add these services later if you want.

• 
• You can choose if you want additional service for fast filing. In this way, you can shorten the installation time, which is 7 days on average, by a few days. There's no need unless you're in a big hurry.

• Finally, you will need to pay to register your LLC. The calculated costs should be as follows;
  • Operating Agreement – ​​$89
  • New Jersey State Filing fee – $128.50
  • Total : 217,50$

Finally, at the checkout stage, mark free $0 in the delivery option section. You can choose the billing address section as your company's address or you can also enter your address in Turkey. It does not appear in company documents.

Total Price to be Paid Without Discount

After following these steps, you can make the payment, order immediately and Inc Authority .

Sign and Submit Paperwork

Company setup will take approximately 7 business days for this state (if you have not received an acceleration service), sometimes they can set up earlier. Afterwards, you will receive your company formation certificate and some documents will be sent to you for you to sign. Download them from your panel, sign them and keep a copy. Additionally, notifications can be sent via e-mail. Follow your e-mail.

Documents for you to sign

You will be sent some paperwork to sign along with the cover below.

This document serves as a step-by-step guide on what to do with your sent documents. Your company name is written at the top and below it is explained that 3 separate documents have been sent to you. These are Release, Membership Listing Statement and Operating Agreement documents. These 3 documents explain what you need to do.

You Can See Your Formed Company on the State Website

, you can see whether your company has been established by typing your full company name on the New Jersey state website ( here Once the installation is complete, your company will be listed here. As follows;

That's it, your company has been formed.

Once the company is established they will apply for an EIN for you (if you chose that option and paid) and send you an ss4 form for signature. Afterwards, you have to wait for the EIN. If you did not receive additional service for EIN from Inc Authority during the installation steps, you can get your EIN using the methods in this guide . Once you receive your EIN number, you will now be able to open your bank account. to Opening a Bank Account in America .

Then, Open a Verified Stripe Account , you will take the last step of setting up your online business and solve the problem of receiving payment by credit card.

You should expect EIN for bank account and stripe account. You cannot open these accounts without an EIN. If you have any questions or are wondering about something, you can contact me by filling out the contact form

Good luck!