Step 1: WELCOME EMAIL -- 3-7 business days, it might take more time in Delaware.
Once you pay for your application, you will receive a welcome email. In this email, you will find the confirmation of your company’s name and also the timeline for your Certificate of Formation (if your company is an LLC), or Certificate of Incorporation (if your company is a Corporation).
Please check your account for registration steps updates and make sure you have completed all the post-payment tasks so that we can proceed with the following steps.
Step 2: POST-PAYMENT TASKS
Upon completion of post-payment tasks, we can start working on your post-formation documents.
Please check the post-payment tasks below for your Corporation/LLC:
- Mailroom Activation tasks--Get your address notarized to activate Mailroom. Further information can be found on the following link.
- Responsible party.
- Ownership details.
- Business details.
If your business is a Corporation, you will also be required to complete the following tasks:
- Shareholder Details.
- Board of Directors.
Step 3: CERTIFICATE OF FORMATION/INCORPORATION
Your Certificate will be uploaded to your account and also sent to your email address. If there is any missing information on your account, you will be asked to go to your account on the website https://firstbase.io/ and fill out the required information.
It is crucial to provide the addresses of their shareholders (Corporation) or owners (LLC) so that we can move forward with the post-formation documents: Operating Agreement (LLC) or Post-Incorporation Package (Corporation). That being said, the registration process will remain on hold until the requested information is provided.
In short, please make sure to complete all the post-payment tasks!
Steps 3 and 4 start at the same time!
Step 4: OPERATING AGREEMENT/ POST-INCORPORATION PACKAGE -- 2-7 business days
The Operating Agreement (LLC) and the Post-Incorporation package (Corporations) will be uploaded to your account and also sent by email after the company is formed unless the legal team needs additional information.
Please keep in mind that:
Post-incorporation documents for companies with 2 or more shareholders can take more time.
In the case of vesting schedules, the post-incorporation documents will take extra time!
You do not need to sign and send these documents back to us as they are for your company’s internal records only. If you need to edit these documents, you can do so on your end by downloading them from your account.
Step 5: EIN / SS4 AND 8821 FORMS -- 20-30 business days
If you are not an SSN/ITIN holder, you will receive both the SS-4 and 8821 forms to sign electronically.
Please make sure to provide the responsible party information on your account, otherwise, we won't be able to send you the EIN forms to sign. The responsible party is the individual who signs the EIN documents on behalf of the company. You can check further information about the responsible party role here.
Once you sign these documents, we can start the EIN process for your company.
If you are an SSN holder, please provide the responsible party's personal tax number on the application form. This way we are able to obtain the EIN online for your company in 1-2 business days.
Step 6: THE EIN LETTER IS READY!
Congratulations! You now have a Tax ID (EIN) assigned to your company. The 147c letter is sent by email and uploaded to your Firstbase.io account.
You should expect an email with further instructions on how to access the registered agent --Cloud Peak Law--portal and on how to apply for the bank account. Follow the instructions to have the registration process completed!