North Dakota Small Business Startup Package for LLC

State:
Multi-State
Control #:
US-P108-PKG
Format:
Word; 
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PDF
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Description

The package is designed to assist a limited liability corporation (LLC) in running the corporation by providing a large selection of necessary and commonly used forms at a greatly reduced price. The forms provided are valuable tools to ensure the smooth operation of typical business affairs. Purchase of this package is a savings of over 75% off the price compared to purchase of the forms individually!


The documents in this package include the following:


Profit and Loss Statement - This is a general Statement of Profits and Losses for a company. It lists in detail, all profits, or gains, as well as all losses the business may have suffered. This form can be used by any type of company, whether a corporation or a sole proprietor.



General Trademark License Agreement - This form is a Trademark License Agreement. The licensor is the owner of certain trademarks and the licensee desires to use the trademark on the terms and conditions set forth in the agreement. The licensor agrees to grant to the licensee an exclusive worldwide right and license to use the trademark in connection with the licensee's product.



Assignment of Member Interest in Limited Liability Company - This form may be used to transfer the interest of a member in a LLC to another party. An assignment of this interest does not dissolve the company or entitle the assignee to become or to exercise any rights of a member. An assignment entitles the assignee to receive, to the extent assigned, the distributions of cash and other property and the allocations of profits, losses, income, gains, deductions, credits, or similar items to which the assignee's assignor would have been entitled. The Assignor ceases to be a member upon assignment of all the assignor's membership interest.



Resolution of Meeting of LLC Members to Sell or Transfer Stock - This form is a resolution of meeting of LLC members to sell or transfer stock.



Notice of Meeting of LLC Members - General Purpose - This form is a Notice of Meeting of LLC members for the purpose as stated in the form.



Limited Liability Company LLC Operating Agreement - This form is a Limited Liability Company Agreement. The parties have agreed to form a limited liability company upon the terms listed in the agreement. However, the form also lists the actions or events which would result in the termination of membership in the limited liability company.



Resolution of Meeting of LLC Members to Authorize Contract - This form is a resolution from a meeting of LLC members to authorize a contact. Provisions are included to describe the purpose of the contract.


Job Invoice-Short - This form is a job invoice form. It contains provisions for a job description, starting date, completion date, date and hours worked, list of materials and costs, and an itemized statement of total due for materials, labor, and other.



Employment Agreement - General - This form is used when an Employee agrees to be employed by Employer, and the Employer agrees to employ the Employee, for the purpose of performance by and on behalf of Employer services as may be reasonably requested from time to time by the Employer. The agreement contains provisions for compensation, confidentiality, non-competition and breach of contract.



Employment Agreement with Covenant Not to Compete - This form is used when an Employee agrees to be employed by an Employer, and the Employer agrees to employ the Employee, for the purpose of performance by and on behalf of the Employer as may be reasonably requested from time to time by the Employer. This agreement contains a covenant not to compete clause.



Self-Employed Independent Contractor Employment Agreement - General - A company agrees to hire a contractor to perform work on the terms and conditions set forth in the agreement. The contractor agrees that all financial and accounting records will remain the confidential property of the company. The form also provides that the company will reimburse the contractor for all reasonable and necessary expenses incurred by the contractor with the performance of his/her duties.



Secrecy, Nondisclosure and Confidentiality Agreement by Employee or Consultant to Owner - The first party has possession of proprietary information and know-how relating to an idea, product or service, and wishes to employ the second party but desires that the second party agree not to disclose information learned by second party during such employment. Both parties agree that all information, ideas, products or services, processes, written material, samples, models and all other information of any type, whether written or oral, submitted to the second party by the first party is now, and will remain, the property of first party.



Drug Testing Policy Disclosure and Consent Form - This form explains the drug testing policies of a particular company and includes a consent form.



Employee Permission to Do a Background Check - This is a form signed by an employee or prospective employee granting an employer permission to do a background check.



Employment Position Announcement This form is a business type form that is formatted to allow you to complete the form using Adobe Acrobat or Word. This form allows an employer to announce that applicants for a position with the company are being sought.


Consultant Agreement - This form is a Consultant Agreement for use with consultants exposed to commercial trade secrets or other confidential information as part of their work with a business.


Internet Use Policy - This agreement is to be signed by an employee upon the request of a company concerning the proper uses of internet access. The agreement defines acceptable uses and states that the inappropriate use of the Internet may lead to denial of access or other action by the company.


Also included in this package are: Employment Termination Agreement, Cash Disbursements and Receipts, Check Request form, Daily Accounts Receivable, Yearly Expenses by Quarter, Petty Cash Form and Purchasing Cost Estimate

The North Dakota Small Business Startup Package for LLC is a comprehensive solution designed to assist entrepreneurs in establishing a successful limited liability company (LLC) in the state of North Dakota. This package includes a range of essential documents, resources, and guidance necessary to navigate the startup process smoothly and ensure legal compliance. Keyword-rich descriptions of the various components of this package are as follows: 1. Articles of Organization: The package includes assistance with drafting and filing the Articles of Organization, a crucial document that formally establishes the LLC with the North Dakota Secretary of State. 2. Operating Agreement: An essential document for LCS, the package provides templates and guidance to draft a customized Operating Agreement that outlines the internal workings, management structure, and distribution of profits and losses within the company. 3. EIN Application: The North Dakota Small Business Startup Package facilitates the application process for obtaining an Employer Identification Number (EIN) from the Internal Revenue Service (IRS), which is necessary for tax-related purposes. 4. Registered Agent Service: Ensuring compliance with the state's requirements, this package offers access to registered agent services, enabling entrepreneurs to designate a reliable entity or individual responsible for receiving legal documents and official correspondence on behalf of the LLC. 5. Business License Compliance Package: This component assists in managing the complexity of obtaining necessary licenses and permits specific to the LLC's industry or operations, ensuring legal compliance and keeping the business avoid unnecessary penalties. 6. Sample Resolutions and Templates: The package incorporates a collection of sample resolutions and templates, including meeting minutes, member consent templates, and more, which aid in documenting important business decisions and maintaining proper legal records. 7. Compliance Calendar: A feature that helps LLC owners stay organized, the compliance calendar provides reminders and information about critical filing deadlines, reports, and obligations to prevent any inadvertent compliance issues. 8. Business Resources: The North Dakota Small Business Startup Package provides access to a wealth of helpful resources, including business plan templates, market research tools, and industry-specific guides, helping LLC owners make informed decisions and maximize their chances of success. In summary, the North Dakota Small Business Startup Package for LLC offers a comprehensive set of tools, documents, and assistance to support entrepreneurs in establishing a solid foundation for their new business venture. By providing essential legal and operational materials, this package helps streamline the startup process and ensures compliance with North Dakota laws and regulations.

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FAQ

If an LLC is listed as a C Corporation, the LLC must file corporate income taxes. In 2022, the federal corporate income tax rate is 21%, with many states adding their own taxes on top of that. Along with the corporate income tax, any profits or dividends distributed to members are subject to capital gains tax.

Name your North Dakota LLC. You'll need to choose a name to include in your articles before you can register your LLC. ... Choose your registered agent. ... Prepare and file articles of organization. ... Receive a certificate from the state. ... Create an operating agreement. ... Get an Employer Identification Number.

LLCs are simpler structures that are often better for small, owner-managed startups that are not planning on raising institutional or venture investments. Corporations are more complex business entities that are better suited for startups that want to raise significant outside investment and achieve significant growth.

North Dakota LLC Business Tax North Dakota LLCs (including LLCs with S-Corp status) do not pay direct state taxes. The entity's profit or loss is passed through to the LLC members/owners who then pay individual income tax.

The self-employment tax rate for 2022-2023 in North Dakota is 15.3%. This rate is the sum of a 12.4% Social Security tax and a 2.9% Medicare tax on your net earnings from self-employment. Taxpayers who work for themselves must cover the entire 15.3% of these taxes in addition to paying the normal income tax rates.

North Dakota Tax Rates, Collections, and Burdens North Dakota has a graduated individual income tax, with rates ranging from 1.10 percent to 2.90 percent. North Dakota also has a 1.41 percent to 4.31 percent corporate income tax rate.

North Dakota LLC Cost. Starting an LLC in North Dakota will cost $135. Your state annual report will cost $50, but since that's a once-a-year fee, you can budget for that later. Basically you can start an LLC in North Dakota for under two hundred bucks, and that's pretty awesome.

Starting an LLC in North Dakota will include the following steps: #1: Name Your North Dakota LLC. #2: Select a Registered Agent. #3: Draft North Dakota LLC Articles of Organization. #4: Write an Operating Agreement. #5: Apply for a Business Identification Number.

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Jun 4, 2023 — It costs $135 to complete the application. Expect it to take up to four weeks to get the forms approved. The online application will ask for the ... Jul 28, 2023 — You can form a North Dakota LLC online by registering the Articles of Organization with the Secretary of State. The cost to set up an LLC in ...This form provides a guideline for you to fill in with the details of your particular business so that it can be used to seek funding and other participation. To register, file a Trade Name Registration (SFN 13401) with the Secretary of State online or by mail or fax. The filing fee is $25. 2. Appoint a Registered ... Step 1. Define your business concept. · Step 2. Draft a business plan. · Step 3. Choose a business name. · Step 4. Fund your startup costs. · Step 5. Choose a ... Complete a North Dakota LLC Search and Choose a Unique Business Name. To start the process, you'll need a name for your LLC that's unique and stands out, but ... To do so, simply hire a professional service known as an LLC formation service. One of the services they provide is registering their information with the North ... Nov 2, 2023 — To form an LLC, you must follow a few steps that include naming your LLC, hiring a registered agent, filing your formation documents, doing the ... If you are a Sole Proprietor you will need to register the trade name or “doing business as” name with the North Dakota Secretary of State. If you are an LLC, ... Partnership: To create a general partnership in North Dakota, you don't need to file any organizational documents with the state. Although not legally required, ...

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North Dakota Small Business Startup Package for LLC