making an llc

[tmckay2]

can someone walk me through EVERYTHING with an llc? ive seen conflicting data all across the net.

do you have to do taxes if you don't make any profits? is it a one time fee, or once a year fee? any specific info you have to know or do to comply with atf?

[Irving]

You have to have an annual meeting or something with all your members (even if you're the only member).

[tmckay2]

i am not trying to be annoying but would someone be willing to walk me through it, either here or through pm? i don't want to make a big booboo when doing it and want to know the time and cost involved ahead of time.

[DOC]

Go here and start at the top and work your way down through the list of things to do.
http://www.colorado.gov/cbe/stepsNew.html

[tmckay2]

but what i am concerned about is whether there is anything specific i need to do since its for nfa. or is there something special i need to send to the atf, or just simply put the llc name on the form?

[ZombieKiller25]

but what i am concerned about is whether there is anything specific i need to do since its for nfa. or is there something special i need to send to the atf, or just simply put the llc name on the form?

Here's the down and dirty version:

1. Create the LLC through the State of Colorado website. It should cost you no more than $50
2. Print and save a copy of your Articles of Organization (You get this after your registration is complete) as you'll need this later.
3. Fill out your Form1/4 with your LLC information. You dont need fingerprints or CLEO signoff. Leave those areas blank.
4. Mail your Form1/4 along with your check, Articles of Organization and I usually throw in a State Certificate of Good Standing for my LLC for safety. I don't think the good standing cert if actually needed, just an extra.
5. Poof....your done. Every year you'll have to file an annual report through the states website and I believe thats $10 to file.

[SAnd]

You have to send some doument to show that there is a LLC.

Here is my Standard Reference advice- Download thew BATFE NFA Handbook-
http://www.atf.gov/publications/firearms/nfa-handbook/

Page 59 Section 9.4.2.2 kinda vaguely addresses it.

"ATF requires that the Form 4 or Form 5 include documentation evidencing the existence of the entity. This documentation would include,without limitation, partnership agreements, articles of incorporation, corporate registration,..."

HTH
Steve A

[Irving]

Just to be clear, you DO still have to send a finger print card in with your form correct?

[DOC]

Just to be clear, you DO still have to send a finger print card in with your form correct?

I think its one of the things you don't have to do since its a LLC.

[Irving]

So you have to do it with a CLEO sign off and a trust, but not with an LLC?