If you're looking to incorporate in Washington State, you have found the hidden gem.
Have you ever gone on vacation, looked at too many travel guides, had information overload, felt lost, wanted to try all these unique local eateries, but blown at potential dinner at Applebee's just because you saw it on the highway? Then at the end of your trip, you fill up your rental car and grab a $4.00 sandwich next door, and go home and tell your friends about the sandwich...we're the $4.00 sandwich shop.
We hope your new venture is a success and hopefully we can help make the beginning paperwork part seamless for you, so you can concentrate on other parts of your business launch. We want to see our clients succeed because we work here too.
Washington Registered Agent,LLC only charges $100.00, plus the $180.00 State filing fees, plus our annual $65.00 registered agent service fee. Having us as your registered agent means your State paperwork and notices will come to us, and we'll upload them to your online account immediately. We will also keep track of your annual reports for you. That means, for $345.00, we'll get your company filed for you.
We'll get your company filed in 1-3 days.
We actually are located in Washington. Shouldn't that be important if you're choosing a company to help you incorporate in Washington? If you're looking at other websites, why don't you ask the phone sales team what a B & O tax is and what rate you'll be paying. Ask them if they include filing the initial annual report when they incorporate for you. Ask them if they know when the initial annual report is due. Ask them what documents you are going to need to show your Washington bank to open an account in Washington State. Ask them what Labor and Industries is. My point being, we work here and help people like you start their businesses in Washington State every day. We pride ourselves in being the most informative and cheapest Washington incorporation service.
Washington State is actually a nice State to incorporate in. There is no personal income tax, but Washington levies a Business and Occupation tax of usually about 1.5% of your gross revenue. Some industries that are high revenue, small profit margin industries have a smaller rate of tax. You can file your B & O taxes right on the Washington Department of Revenue website.
You can file annually if you owe less than $1,050.00 a year in tax. Quarterly if you owe between $1,050.00 and $4,800.00 a year in tax. Monthly if you owe more than $4,800.00 a year.
The nice thing about paying a gross income tax is you don't have to send the State a copy of your tax return, saving you time and money with your accounting firm or CPA.
Most business will have to charge sales tax for their services and sales of items. You can also report your collected sales tax at the same time.
If you're operating a business that has a high profit margin, living and working in Washington can be highly profitable. Most States charge an income tax on your net income. If you live in a State like Idaho where there is a 7.8% income tax and you have a really profitable business, you would be cheaper living and working in Washington State, paying a 1.5% gross income tax.
Washington Corporations
Washington State corporations are governed by Title 23B RCW, the Washington Business Corporation Act.
Washington State has some great language in this title limiting the personal liablility of the officers and directors, and in addition, stating that the corporate veil may not be pierced by simply not following corporate formalities like annual meetings.
Washington Corporations must list in the articles of incorporation:
- Their legal name with a corporate ending like: Corporation, Incorporated, Inc., Co., or Ltd.
- Number of authorized shares.
- The class of the shares (Most people use common shares)
- When you want the company to start.
- The term of the company. (Most people make it perpetual)
- the name and address of your Washington Registered Agent.
- the name and address of your incorporator.
Washington LLC's
Washington LLC's are governed by Title 25, Chapter 25.15 RCW of the partnerships act.
Washington LLC's must include in their articles of organization to form a certificate of formation:
- The name of the Limited Liability Company with a formal ending or abbreviated like: LLC, LLC., L.L.C., Limited Liability Co., etc...
- The address of the principal place of business. (Does not need to be in Washington State)
- When you want the company to be formed.
- The duration of the LLC. (Most people form a perpetual LLC.)
- The legal name and address of your Washington registered agent.
- The organizer/executor of the LLC.
If you would like Washington Registered Agent, LLC to help you incorporate in Washington, we would be honored to help you out.