How long does it take to set up an entity?

• In Nevada, the process of registering an entity can take up to 2 weeks, however, this depends on the volume of pending applications at the Nevada Secretary of State's office.  Some filings come back in 7 days, others in 20 days.  14 days is a realistic expectation.  You can choose to have your Nevada filing expedited while completing the Entity Application for a $200 expedited filing fee. Orders made with this request will be processed within 48 hours by the state.
• In Utah, the process of registering an entity can take up to 1 week.    You can choose to have your Utah filing expedited while completing the Entity Application for a $50 expedited filing fee. Orders made with this request will be processed within 48 hours by the state.
• Both States require you (the business owner) to sign the application documents. We typically prepare the documents and email them to you to sign.  After you have signed and returned the documents, they are submitted to the Secretary of State office.

What type of entity should I set up?

•  You have a 3 options:
  • LLC
  • S-Corp
  • C-Corp
• Each type has advantages depending on the type and size of business you own.  Click Here to learn more about what type of entity to set up.

Can I change my entity type after registration?

• Yes.  If it is necessary to do so, we can complete the change for a small fee.  However, because of the additional cost we recommend that you make a final decision on the entity type prior to filing.  Please use our Contact Form if you have questions and would like us to recommend an entity type.  Simply provide an explanation of what your business does or will be doing.

• For a Nevada entity, the initial charge is US $1033.95.  This includes the 1^st monfh of Registered Agent service.

How much is it going to cost to set up a Utah business entity? 

• For a Utah entity, the initial charge is US $634.95. This includes the 1^st month of Registered Agent service

What are the ongoing fees, and what do they cover?

• Each month you will be charged US $34.95.  This covers your Registered Agent fee. Click Here to learn about our Registered Agent Service

What do I get after I send my application?

• After your application is received, you will receive communication from one of our Attorneys.

How will I receive my Federal Tax ID number?

•  After your entity is set up, we will contact you with another form that must be signed.  Once this form is processed, the Tax ID number will be assigned.

How often am I required to pay taxes?

• You are required to file taxes with the US Government every year.   You may be required to pay taxes to your local County or State.  Please check the laws of the Country or State where you reside.

Does CorporateCrossing provide tax services?

• We will provide assistance to find the correct forms, however, we do not prepare or file the forms for you.  Many business entities use an accountant to prepare and manage their US taxes.  We can recommend several qualified certified accountants.  You can expect to pay between US $250 - $500 for tax service, depending on your business activity throughout the year.

How do I get a U.S. Bank Account, and do I need one?

• Many individuals choose to set up a U.S. Bank Accoun.  Others find local banks who handle International transactions.  We recommend you use Citibank, one of the largest banks in the world with branches in most countries.  When you have a US business entity, you are able to take the Articles of Organization into a Citibank branch and set up a US bank account.  There is a specific process that is required, and the Citibank representative can assist you with this.

Do I need to be set up as a business entity in my state or country?

• Possibly. This depends on the state or country of your residence.  Check with a local attorney if you are unsure.  

Who is CorporateCrossing and what are your credentials?

• CorporateCrossing is a client generation business for a Utah and Nevada based Law Firm.  The Law Firm employs Attorneys licensed in the states of Utah and Nevada.  The Attorneys are experienced in small business law, corporate law, as well as litigation.  The Attorneys hold excellent records with the American Bar Association, the Nevada Bar Assosciation, and the Utah Bar Association.  The Attorneys have published several law review articles, hold Academic distinctions, and speak multiple languages.