LLC and EIN Form
Important to Note
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Business Details
- Mississippi is the US state that will be used to form the US LLC.
- Johnson Ecommerce LLC will be the registered agent for the US LLC.
- An employee at Johnson Ecommerce LLC will be the organizer used to sign and complete the US LLC business formation document.
- We focus on single-member LLCs, as we have found this type of LLC to be best and easiest for e-commerce sellers.
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Operating Agreement
- A single-member LLC is taxed as a sole proprietorship by default and is considered a disregarded entity.
- This means the LLC's profits and losses are passed directly to the owner, who reports them on their personal tax return.
- This is one of the factors allowing for the value-added tax (VAT) to be avoided.
- 60 days will be used as default for membership withdrawal and transfer provisions.