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Updated almost 6 years ago on . Most recent reply
Lawyer for LLC setup in Pennsylvania living in New Jersey
I need a recommendation on a lawyer in PA in Lehigh Valley to setup an LLC. I read I need a business agent in PA. How long does this process take? How much should I set aside for a lawyer?
Most Popular Reply
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I recommend Bob Rust for establishing an LLC. You will also need a designated agent, they will establish a postal address for you in Pennsylvania for any official notices you receive. Typically the attorney fee is about $600 to set up a new LLC, the state fee is $125, and a designated agent is usually $50 per year.
One thing to keep in mind is that if you already own a property in your own name, transferring it to an LLC is considered a sale, and the state will collect their 2% transfer tax. As such, it is important to make the decision on whether to buy in your own name or an LLC initially, since it can be expensive trying to transfer the properties after the fact.