Please complete this worksheet to help us gather information to form your LLC and prepare your corresponding founder agreements. If you have any questions, we are happy to advise. For more information, you can review this article

Name *
Also include mailing address if different.
All LLCs must have an agent for service of process to receive legal papers in the event your company is sued. The agent can be you, Framework, or another individual or registered agent in California.
For each owner, list the following: (1) Name (2) Percentage of ownership (3) Are they a Manager? (the LLC's governing body) (4) Services performed (if any) (5) Cash invested thus far (if any) (6) Vesting schedule (earning ownership over time) For Example: Jane Doe; 70%; Manager; CEO; $10,000; No Vesting John Doe; 30%; Not a Manager; Branding Services; $0, Four Year Vesting
Who will manage the LLC? If you have or anticipate having silent owners who don't manage the company, select one of the first two options.
Having a CEO is optional. If you are the sole owner, you can be the CEO. If there are multiple owners, designating a CEO can help designate certain management powers to the CEO.
Generally, profit distributions are made from time-to-time as determined by the managers and in proportion to each owner's ownership percentage. If you would like to include any prioritized distributions, reimbursements, or other distribution rules, please specify:
Are Members allowed to engage in outside competitive business activities?
How would you like your LLC to be taxed? If you need assistance, we can schedule a complimentary call with our accounting department to advise.
Name of one person the IRS can contact on behalf of the LLC and his or her (1) SSN / ITIN. You can provide this information over the phone if you prefer.
List the IRS Contact's phone number.
What is the maximum number of W2 employees you expect to have in the next twelve months? If you have any existing employees, note how many.
Confirm whether your business engages in any of the following (say "none" if none apply, or specify) Gambling/wagering Selling or manufacturing alcohol, tobacco, or firearms Ownership of a highway motor vehicle with a taxable gross weight of 55,000 pounds or more
(in just a 2-4 words, i.e. "apparel company"):


If you are not already a Framework client, we will get right back to you with a quote and will coordinate other necessary details with you prior to filing your LLC. Completing this form does not establish an attorney client relationship unless confirmed by us in writing.