how long until my llc is approved and authorized [FAQ]

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Last updated : Aug 25, 2022
Written by : Elvis Flud
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how long until my llc is approved and authorized

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how long until my llc is approved and authorized

Comment by Benedict Huskins

how long does it take to form an llc well that entirely depends on what state you're filing in but first i'm not your attorney i'm not your cpa i am just providing generally obtain easily obtainable information on the internet you can google it anywhere i'm just trying to curate this one place where we can find all of this information without having to go to 1500 different websites which is essentially what i had to do so i'm doing this for you now what state are you forming in there is a video that talks about which state is best to form in long story short where's the work being done is it being done in texas you're probably gonna need a texas llc or corporation is it being done in new york maybe a new york one um you know a lot of people talk about delaware and wyoming nevada that's a whole different bag of worms can of worms bag of something anyway um we have a video regarding that but um check that out we also have a playlist on uh you know all this information kind of condensed in a really highly produced short video so also check that out there but um every because because llc's are not formed with the federal government it's not with the irs or the united states government it's formed on a state level so you have to form an llc in texas or in california or in tennessee or in wyoming and so you know once you've decided which state you're going to form in there really is a bunch of different answers to how long it's going to take uh generally the answer is one to five days there are a couple of states out there that are troublemakers it might take 12 to 22 business days but those are like two states i think it's arizona and alabama they're the two longest states by a wide margin texas for example is two days new york is instant you can get your new york llc from better legal actually in 11 minutes um we say an hour it should be about 11 minutes and it's during business hours so you know new york just has a different system than texas and texas has a different system than delaware in delaware you don't go online and fill out a form you fax the information in yes you still fax the information into delaware because they're so popular they just don't feel the need to update any of their systems um so delaware takes a handful of days and you got to wait for it to come in the mail whereas new york and texas sends it to you via email wyoming is another state that's instant there are 13 states that are instant but if you go to you can actually go to our services page so for slash services and plug in the state that you're looking for and that will give you the timetable on how long your state's gonna take but the general answer is that it's usually between one and three business days sometimes five business days the other caveat to that and this is not a better legal thing this is with everybody the caveat is that some states uh you know the state examiners are the ones that file this information and oftentimes in in florida and pennsylvania specifically they just fall behind so florida for example has state compliance that uh all piles onto one date and so they don't hire new people you know and i'm just this is conjecture i'm just assuming this is what happens so um if you work for the state of florida don't you know don't throw me under the bus um but you know they might not hire extra people because they don't have the budget their state government uh entity and so they might not have the budget to hire new people to handle all of the influx of uh state compliances that they have to get done while filing the the new ones and so uh some states might fall behind you know florida cranks out three business days like like normal but then every now and again it's 12 business days or pennsylvania is 15 business days or texas might fall behind or texas instead of doing two business days might be 24 hours it really just depends how long it takes the people uh doing it and so um in new york for example there aren't really any people that have to physically do this work to have to do the filing and that's why it's instant texas and delaware actually have physical people taking this information in delaware taking it from the fax machine and putting it into the computer and then it's in in the system so the states that are instant humans don't have to do anything it just gets done um but for the states that have this kind of manual process sometimes it does take a while um if they fall behind and so that's a caveat uh there so um i've answered that question hopefully um i didn't go into too much gross detail about this and i answer your question pretty uh succinctly and you got a little bit more context if you like this video and you like some more of our videos i would appreciate you to like and subscribe it helps boost these videos to help other entrepreneurs just like you please share with a friend if there are questions that i didn't answer please ask below in the comments and i will make a future video um but also use so go to to form your llc or corporation or share it with a friend and help us help more people get all the information they need and all the filings and documents they need in order to become a successful and legal entity in whichever state they choose in the u.s thanks

Thanks for your comment Benedict Huskins, have a nice day.
- Elvis Flud, Staff Member

Comment by Rosendo

why hello hello everyone it's jonty titus here with profit mode financial services i hope that you are having an amazing day and today we're going to be talking about statuses as it pertains to the state of texas and your entity so it is very easy to figure out the status of a company if you're wondering about the status of your llc it's a very simple process it's literally a website you type in the name and you find it on the list that the query pulls up and it will tell you if the entity is in fact active or if it was forfeited or involuntarily closed and it'll tell you due to franchise taxes so i'm gonna go over to show you exactly what it is i also have a link in the description box below if you are unsure of the status of your entity um and the thing is you want to check this before you're doing any type of documentation like if you are about to do a real estate deal i see real estate deals um being held up because the status was inactive or it was forfeited also people have had their payments put on hold from their customers due to the fact that their their account with the comptroller was inactive so this a lot of times it means that your sales taxes were not filed on time or your franchise taxes weren't filed on time or you have outstanding penalties that need to be paid okay so it could be a number of things it could be a late franchise tax report penalties and information reports okay so this is what you do simply you go over to the comptroller website and what you do make sure you can check that and you can type it in i'm just going to type in a generic business to search and just pick this one and everybody you know different companies have different um situations but with this one it says the right to transact is not established registered agent not on files so this pretty much tells me that this company uh more than likely could have been terminated or you know they haven't kept up with everything so it might have been an old entity because a lot of these were established from long ago when i was checking this particular name earlier so um definitely to search for your entity you literally you just go to the and i'll have a link in the description box below you will type in your entity name and then you will check to see if your entity is active or not and you definitely want to do that and a lot of times i've seen situations where people were denied um opening bank accounts due to the fact that their entity was not in active status okay so make sure that your company is an active status one of the things that we do for our clients is we make sure that they are always in active status and if they're not we quickly quickly make sure that we handle what we need to handle to make sure that their status gets into active status so if you are in need of help of getting your entity out of forfeiture status definitely reach out to us you can email me at ashanti at you can also click the link below fill out the contact form and someone will reach out to you to get you helped out and get everything resolved for you all right and hopefully this video was helpful to you if you found that this video was helpful please give this video a thumbs up share with someone who is a business owner and don't miss out on you know your revenue or having your bank account you know and things pretty much pushed off or withheld or delayed because your entity is not an active status alright until next time stay profitable and stay great bye

Thanks Rosendo your participation is very much appreciated
- Elvis Flud

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