How to Create an LLC for Free 2020 | 2 Minute Talks

I'm going to explain to you how you can create an LLC for free and also get a business bank account set up in just a few days.

Free LLC Setup + State Fee with Incfile ➡️ rodsfastfacts.com/inc

So a lot of people will tell you that it's not possible to get an LLC set up for free. Primarily because you have to consider state fees along with the labor and filing fee with an LLC company. In this video, I'm going to show you exactly how you can create an LLC for free and not pay any money of your own. So stay tuned.

What is an LLC
It’s a limited liability company and protects, and your assets in case anything happens, and you get sued. That’s the simple answer.


Who should Open an LLC:
- Anyone that’s conducting business, yes you can run the entire business through your personal taxes but this way you are more protected and can sleep better at night. Plus it's free.


How do I create an LLC for free? (in 3 steps)

1. Take the cost of forming an LLC from your taxes, it's all deductible.
2. Use Incfile - this company doesn't charge you any money for forming an LLC. The only thing that you have to pay for is the state fee for your state. So the labor cost and the filing cost is free. Then you just deduct that number from your taxes

link: rodsfastfacts.com/incfile


3. (Updated With Chase Freedom) Open a business account with Chase. They include a bonus for anybody that opens a Chase business account and that bonus is 200 bucks which is enough money to cover your state fees in most cases.
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link: rodsfastfacts.com/chasefreedom