![]() ![]() I’m not ready to start multiple businesses right away, but in the future (possibly sooner rather than later) I may also pursue other endeavors. I have to say, the information you are providing people is phenomenal! I am getting ready to form an LLC for a photography business. I recently came across your LLC tutorial videos on YouTube which led me to finding your website. Thank you and once again great work on the videos and site in general! I understand that an LLC is a pass through set up for taxes, so does the foreign partner have to obtain an ITIN? Do they have to pay taxes in the US and in the home country? Is there anything this partner can do to avoid becoming a US tax citizen? And lastly, is there anything “special” we need to do as a group with setting up the LLC with this partner involved?Īny information you might have about this would be much appreciated! However, the third member is not a US citizen and resides outside of the US most of the year (no permanent address in the states). One partner and myself are both US citizens residing in CO. Basically, I am starting a business in Colorado with 2 partners. I just have some questions regarding taxes (and I do plan to speak with a CPA in the near future, but wanted to see if you had knowledge pertaining to my situation). You have already been a great help to the early stages of getting my new business venture off the ground. Which browser are you using? Try using a site like or information here. ![]() If you have problems in Internet Explorer, try turning Compatibility View off. We try to keep our site compatible with the latest stable versions of Internet Explorer, Firefox, and Chrome. How to Form an LLC in Colorado Yourself in 6 Steps Step 1 - Complete a Colorado LLC Search and Choose a Unique Business Name Step 2 - Provide an Official. Your document will be available to the public.ĭon't see your form? Search for your record Is the converting entity on file with our office?Īppoint an agent for service of process (PDF) Limited liability limited partnership - Article 61 (LLLP) Trade name Limited liability company (LLC) Profit corporation Nonprofit corporation Reserve a name for later use. ![]() Limited liability limited partnership (LLLP).Limited cooperative association (Article 58). ![]()
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