Registering an LLC/Small Business/Etc

Has anyone done this? I'm trying to figure out whether or not is possible to run something of this nature undocumented.

I checked this link out and I *do* have a social and will soon (knock on wood) have an EAD by (hopefully...) the end of the year.

http://www.creators.com/lifestylefea...s-partner.html

What do you guys think?

yup you can register as a corporation, i dont see any problem as long as you pay your taxes

I'm wondering if it varies by state? I'm trying to search for information and it seems possible to have an LLC, but I'm wondering also about state laws.

It does vary state by state. As for an LLC, you do not have to have the firm domiciled in the state you live in. Believe it or not, Wyoming is one of the best states to register an LLC in. Nevada is great too for a small business, but there are some hidden fees that really rack up. Delaware, of course, is the #1 state for large public corporations.

As for business structure -- go with an LLC right off the bat and not a S/C-corp, unless you plan on going immediately public, which is pretty damn impressive if you do. The benefits are enormous for an LLC. They combine the liability protection a corporation has and the flexibility a sole proprietorship has. Fees are pretty cheap. LegalZoom can file for you for like $99 + state fees. MAKE SURE YOU HAVE A LEGITIMATE REGISTERED AGENT. The reason I say this is if you do business in multiple states, you have different tax liabilities in each state that you'll be on the hook for. The RA helps you sort that stuff out.

Also, some states don't allow single member LLCs (nevada, delaware and wyoming do), so you'd have to get a legit business partner. Also, one member (you, if you're a single member) has to take point on tax issues. Their SSN is to be collected upon registration and they'll be appointed the "tax matters" individual, thus handling any issues that may arise with the IRS.

Oh, depending on what type of business you have, make sure you have a really, really thorough articles of organization / operations agreement. It'll shield you from any potential future conflicts with members.

Thanks for the information, circasurvive! Can you tell me what books or online resources would be helpful for me?

I'm going to incorporate in NJ most likely. Single LLC is an option in this state, thankfully. I don't think I need articles of organization since I'm going at it alone.

go to e4fc.org

there is a pdf with resources for undocumented students. the author is working on her Ph.d and is also undocumented.

http://www.e4fc.org/studentresources/studentguides.html

LIFE AFTER COLLEGE GUIDE FOR UNDOCUMENTED STUDENTS
BRAND NEW FOR 2012!

This 73-page guide contains valuable information, tips, and resources to help undocumented students navigate life after graduation. While initially it may seem as though undocumented students have limited options upon graduating from college, this guide is intended to shed light on the possibilities that do exist. The guide has been written to be as inclusive and comprehensive as possible by including personal narratives, student testimonials and advice from experts. We hope that undocumented students and allies read through this guide and walk away feeling encouraged and unafraid of the next steps.

Author: Iliana Perez

I forgot to mention, she does mention llc and partnerships in her pdf.

THANK YOU!

This is very helpful, and I'm glad it's geared towards us.

I'm going to go check out the situation in NJ or NY. I'll keep you guys updated.

no problem.