Thank you for all this great information, Matt! It was so helpful. I asked 2 questions: 1) for LLC and established an enterprise agreement with your instruction. I am the only member of my LLC and I have not hired a registered agent. Is it a good idea to just list my name and residence address? 2) From now on, it is a regular LLC with 1 member. I have heard that, for tax reasons, it is best to classify it as “unnoticed S-Corp unit and 2553 file form.” What does this mean to me and how would I do it? That`s a good idea? Thank you very much! Listing of Capital Contributions -Schedule 2 – Enter the following information: The Secretary of State of Pennsylvania requests that all business applications be filed under a single company name that bears no resemblance to that of another company. Therefore, you should search the state database for your business name before submitting it to verify that it is available for use in Pennsylvania. Whatever type of Pennsylvania LLC you launch, you should create an operating contract. Therefore, for the State of Pennsylvania, we propose a unique, multi-member LLC corporate agreement, designed to protect members of a company from damaging liability and to transfer all members of an LLC into a contract that defines the ownership shares and the role of members in the unit. However, there are other important benefits of the LLC operating agreement. Individual and multi-member enterprise agreements allow for the establishment of status in a company, documenting the day-to-day routine of the company, and recording the roles of company executives and employees. We strongly recommend that a business agreement be reached after an entity has been created and submitted to the Pennsylvania Secretary of State to ensure that the business is organized and efficient.

Below, we give you the step-by-step process for filing your business with the Secretary of State, which is the first step that an aspiring entrepreneur should do. We have partnered with a business lawyer to develop free business agreement models and a customizable enterprise agreement tool.