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The document is a bond for the dissolution of a corporation in Massachusetts, outlining the obligations of the principal and surety to pay a specified sum to the obligee. It includes sections for recording details, signatures, and notarization, ensuring that the principal will fulfill any financial judgments related to the dissolution.

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How much does a basic LLC cost?

State LLC Costs: Overview State:Filing Fee:Annual Fee: California 75$ 800$ Colorado 50$ 10$ Connecticut 120$ 80$ Delaware 110$ 300$47 more rows

How do I set up an LLC in Massachusetts?

Establishing an LLC in Massachusetts Make sure your business name is available. Create an operating agreement. File with the Secretary of the Commonwealth. Report beneficial ownership information (BOI) Decide if you need a business certificate (DBA) Get an EIN (Employer Identification Number) from the IRS.

How much does it cost to set up an LLC in Massachusetts?

The costs to start an LLC in Massachusetts are significant. LLCs pay a $500 formation fee and $500 annual report fee. Most corporations pay only $275 to get started then $125 per year. Massachusetts registered agent and resident agent are synonymous.

How much does it cost to start an LLC in Massachusetts?

You can form an LLC in Massachusetts in 1-2 business days if you file online (or about 1 week if you file by mail).

How long does it take to start an LLC in Massachusetts?

Massachusetts LLC Approval Times Online filings: In total, online filing approvals for Massachusetts LLCs take 1-2 business days. Since you can download your documents as soon as theyre approved by the Secretary of State, there is no extra transit time.

What does MA LLC stand for?

A Limited Liability Company (LLC) is a business structure that protects its owners from being personally responsible for its debts. For example, if your LLC goes bankrupt, your assets cant be used to pay your creditors.

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