📄Business Documents
Here are the legal documents that are included with our formation service.
Operating Agreement
The operating agreement establishes the ownership and purpose of the business and it covers how the business will be run on a day-to-day basis including:
management structure,
allocation of distributions,
LLC accounting,
disassociation or dissolution of the business, and
taxation and much more.
An operating agreement is a very important legal document to start doing business in the USA. It also establishes that the company is distinct and separate from its owner/member or owners'/members'. This is important to ensure limited liability protection and minimize the risk of "piercing the corporate veil."
U.S. banks also require an operating agreement to open an account. With Subhan Law, your operating agreement will be drafted by a top rated attorney. Our operating agreements are drafted with foreign entrepreneurs in mind, providing you with limited liability protection, immigration and tax compliance provisions, and may be used later to immigrate to the U.S., if you meet the criteria.
LLC Membership Certificate
The LLC Membership Certificate is used to show a member's ownership in the company similar to how a corporation issues stock certificates to shareholders. The certificate can also be shown to open a U.S. bank account.
EIN
The Employment Identification Number (EIN) is the company's tax identification number. The EIN is required to open a U.S. bank account. Subhan Law will help you to prepare and file the EIN application. You do not need an SSN nor ITIN to apply for an EIN. It takes 1-2 business days for us to obtain an EIN if you have an SSN and it takes approximately 4 weeks to obtain an EIN without an SSN.
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