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I.....must be missing something. All I keep reading are "Atlas got me close but I still had to do X or Y". I formed an LLC in Missouri and it was like one or t
by jordanmorgan10 5y ago
I.....must be missing something. All I keep reading are "Atlas got me close but I still had to do X or Y".
I formed an LLC in Missouri and it was like one or two forms. It was criminally easy. I paid taxes and ran the company for about five years, and last year it was acquired.
So, I say all that to show it ran the full gamut of being a business. What is everyone else doing that's so hard and takes more steps? It due to employees and the like (my LLC only ever had me, to be fair).
- d4mi3n 5y agoFrom what I've dealt with so far, two things complicate this process: 1. Hiring any employees in addition to yourself. 2. Incorporating in a state different than the one you operate in. Things are much simpler if you don't do either of those things.
- count 5y agoAre you sure you were fully compliant with Missouri and your localities laws? I did everything myself for the first 2 years with a similar experience, and then discovered after hiring an accountant that there were entire other taxes and fees and things I was supposed to have been filing and paying (even if they were $0 due kind of things). Its criminally complicated to actually be compliant with everything, EVEN WITH paid professional support.
- the_gastropod 5y agoI'm not sure about Missouri's business requirements, but others (e.g., California and New York) require Foreign Qualification, which Stripe doesn't help with, and can be quite expensive, and difficult.