Colorado LLC $149
Same Day Formation

The Colorado LLC name must end with the words: Limited Liability Company, Ltd. Liability Company, Limited Liability Co., Ltd. Liability Co. or the abbreviations LLC or L.L.C.

An LLC’s name must be distinguishable and different from the names of already existing businesses registered in Colorado.

Registered office address must be located in Colorado. Our fee includes Colorado registered office address and registered agent for the first year.

Principal office address (business address) of the Colorado corporation may be in any country.

A minimum of one member is required. Residents of any country, individuals and legal entities may become a member.

Management of an LLC can be governed by its member(s) or by elected manager(s). If the Articles of Organization states that management of the LLC is vested in a manager(s), a minimum one manager is required.

Managers do not need to be members of the LLC. Residents of any country individuals and legal entities may become managers of a Colorado LLC. A manager who is an individual must be eighteen years of age or older.

Managers may be designated and removed by the consent of a majority of its members.

A LLC is not a taxable entity. Income (loss) is passed through to members, and members pay taxes as individuals. Members who are non-US residents are not liable for US income tax for income derived outside of the United States and passive income derived from the United States, such as interest income, dividend income and capital gains.

Therefore, non-US residents are not liable for any US income taxes, when their LLC conducts business outside of US. If a US LLC trades with US companies from outside of US, such LLC does not conduct business in US. Only presence of a permanent establishment of the LLC in US, such as offices, warehouses, etc, allows classifying such LLC as a LLC conducting business in US.

Despite of this fact that LLCs are non-taxable entities, under some conditions LLC needs to file annual income tax return with US tax authorities.

No income tax return is required if:

• LLC conducting a trade or business outside of the United States, and
• All LLC’s members are non-US residents for income tax purposes.

An LLC is required to file a federal income tax return with IRS if:

• LLC conducting business in US, and
• LLC has two or more members.

All foreigners/non-residents who own a US LLC must file a 5472 US tax return with the IRS for disclosure purposes even if you do not owe tax in the US.

LLCs must file annual periodic reports to the state. The due date of this report is determined by when you initially formed the company. If the LLC was formed in July, the report will be due every July. Our company will send you reminders and have this report filed for you as it will be included in our annual renewal fee.

Beneficial Ownership Information Reporting (BOIR) is a mandatory process for every business entity registered with the Secretary of State. It requires the submission of identifying details about the individuals who own or control the business, ensuring adherence to federal regulations.

Corporations and limited liability companies (LLCs) that meet the criteria of reporting companies must submit a BOIR, which includes providing details about the individuals who own or control the business. Failure to comply may lead to civil and criminal penalties. The majority of business entities are obligated to file unless they meet specific exemption criteria.

Filings can be done here.

Members and/or managers are not required to be listed in the articles of organization. Member’s information must be kept in the LLC’s principal office, which can be located in the US or any other country.

The Articles of Organization includes name and address of the persons forming the LLC and causing the document to be delivered for filing, and principal office address (business address) of the LLC.

When filing the annual income tax return for a LLC, members’ names must be listed.

LLC is required to keep in its principal place of business, which may be located in any country, the following documents:

• List of all its members and managers
• A copy of the articles of organization
• Copies of LLC’s income tax returns (if any) for the 3 most recent years
• Copy of the Operating Agreement
• Financial statements of the limited liability company for the 3 most recent years

There is no audit requirement for a Colorado LLC.

Not required.

Formation of a Colorado LLC takes 1 business hour. Preparation of all internal documents may take additional couple of hours. When Apostille legalization is required, it usually takes 2 to 6 business days.