I have/had a business JR Global Enterprises LLC, EIN# 46-2416041. I stopped using Ameritax in Delaware, as I was paying for things I did not need yet, and would not for about 4 months....already paying them to do nothing but be there!. So to simplify, I want to be able to know what I need to do, to start in Illinois, and be in more control.
Oh! Well they told me I had to get one....
I have a certificate of Formation of Business Name LLC, certified in Delaware. Then I have The LLC agreement, which says it is pursuant to to Delaware LLC act. My wholesalers need an EIN # XXXXX I am confused...as they told me everything from them was not usable. They also named my company FOR me, a name which I dislike and had no input in, so I don't know.....
Thank you for your follow-up.Well, you do need an EIN if you are setting up a new entity from scratch. It appears that this entity that you have now you are terminating and therefore that would likewise terminate the EIN. If you were simply removing the company to a new state via relocation then the EIN would follow the company to the new state also.In terms of setting up a brand new LLC for yourself you would need to follow these steps:1. Check to see if the name you want is still available. Go to these links to do so:http://www.cyberdriveillinois.com/http://www.cyberdriveillinois.com/departments/business_services/corp.html2. If the name you want exists, then file Form LLC-115 to incorporate. The fee is $300http://www.cyberdriveillinois.com/publications/pdf_publications/llc115.pdf3. You would need to file for articles of organization. The fee is $600 if you file online, and $500 if you file by mail. Online filings are generally expedited within 24 hours:http://www.cyberdriveillinois.com/publications/pdf_publications/llc55.pdfhttp://www.cyberdriveillinois.com/departments/business_services/home.html4. Make sure to designate a registered agent on your forms.5. File for an EIN here--the filing is free:http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Apply-for-an-Employer-Identification-Number-%28EIN%29-OnlineGood luck!
Sorry..one more thing. I never moved my business, which is e-commerce, I was just using Delaware as it was part of my original agreement. I have since fired that company and hired a new web host, so can I still use my EIN which I paid for, and the Business license, also paid for?
Thank you for your follow-up.If you never 'moved' your business and you are not planing on shutting it down, then you do not need an EIN and you do not need to file for a new company. You would still need to check to see if the name exists and then file to move the company over by setting it up as a foreign company in Illinois. But I honestly do not see the point since Delaware corporate taxes and laws are far better than the laws in Illinois.Good luck.
Now you are going to think I am stupid! So since my accounts were created in Delaware, check if the name is XXXXX XXXXX move it as a foreign co in Ill. So I then pay the taxes as assets from Delaware, not Illinois rate? That's fantastic...if I read that correctly!.
If you move the company over to Illinois as a foreign company, you pay taxes in Illinois. You just domesticated the company locally, so local taxes would apply. I apologize but what you thought you read is not at all what I wrote--moving a company to a new state exposes that company to that state's tax structure and that state's laws.Good luck.
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