How to Set Up an LLC With MyCorporation

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MyCorporation’s application takes about 10 minutes to fill out, but which package and add-ons you pick determines whether your first-year cost is $109 or well over $300. I run Ecommerce Paradise, where I teach high-ticket dropshipping, and getting your LLC formation right the first time saves you from costly amendments later.

Here is exactly how to set up an LLC with MyCorporation, step by step.

Step What You’re Doing Time Required
1 Choose your state and confirm your business name 15-20 minutes
2 Pick your package tier 10 minutes
3 Complete the online application 10 minutes
4 Watch for upsells at checkout 5 minutes
5 Wait for filing confirmation Varies, undisclosed timeline
6 Apply for your EIN and open a business bank account 30-45 minutes

Not sure MyCorporation is the right fit yet? Read my full MyCorporation review first →

Step 1: Choose Your State and Confirm Your Business Name

Decide which state you’re forming in, typically your home state for a straightforward high-ticket dropshipping LLC, and run a name availability search before applying. MyCorporation includes this search as part of every package.

Step 2: Pick Your Package Tier

If you need a registered agent right away, which most new LLCs do, you’ll need the Deluxe tier at $234 plus state fees, since Basic and Standard don’t include one. Before committing, price the registered agent on its own rather than as part of a package. MyCorporation sells it standalone at $120 for the initial term, renewing at $249 a year. Northwest Registered Agent publishes $125 a year for a single state and lists a business address and mail scanning as included. That is the gap that matters, because it repeats every year, and I have broken the whole thing down in my MyCorporation pricing guide.

Step 3: Complete the Online Application

The application itself is straightforward and takes roughly 10 minutes according to independent testing. Have your business name, registered agent state, and member information ready before you start to move through it efficiently.

Step 4: Watch for Upsells at Checkout

Multiple independent reviews document upsell attempts during the MyCorporation checkout and phone process. Know what you actually need before you start, whether that’s an operating agreement, EIN filing, or additional compliance services, so you’re not talked into add-ons you don’t need.

Step 5: Wait for Filing Confirmation

MyCorporation doesn’t publish a specific standard turnaround time, so ask directly for an estimate if your timeline is time-sensitive. A rush filing add-on is offered at checkout and claims to expedite processing, but without a disclosed baseline turnaround you cannot tell what you are buying. Ask what the standard timeline is before paying to shorten it.

Step 6: Apply for Your EIN and Open a Business Bank Account

Once your LLC is approved, apply for your EIN and open a dedicated business bank account before you start operating. This separation protects your liability shield and keeps your business formation clean from day one.

Common Mistakes to Avoid

The most common mistake is picking Basic or Standard without realizing neither includes a registered agent, then discovering you need to upgrade or pay separately later. The second is not budgeting for the extras that land at checkout rather than on the package page, including a shipping fee that applies to every order regardless of tier. Confirm the current amount at checkout rather than relying on a figure quoted anywhere else, this one included, because these change.

Using MyCorporation Alongside Your Broader Business Setup

LLC formation is the foundation for working with suppliers, opening trade accounts, and building credibility as an authorized dealer. Get this step right before moving on to sourcing and store setup.

Frequently Asked Questions

How long does it take to form an LLC with MyCorporation?
MyCorporation doesn’t disclose specific turnaround times, so request an estimate directly if timing matters for your launch plan.

Which package includes a registered agent?
Only Deluxe ($234) and Premium ($334) include registered agent service. Basic and Standard don’t. Confirm in writing how long the included agent service runs and what it renews at, because the package page does not state it and the standalone renewal is $249 a year.

Is the shipping fee avoidable?
No, a shipping fee applies to every order regardless of package, and international orders pay more. Check the exact amounts at checkout, since they are not on the package page.

Should I expect upsells during signup?
Yes, independent reviews consistently document upsell attempts at checkout and during phone calls. Know what you need beforehand.

What should I do immediately after my LLC is approved?
Apply for your EIN and open a dedicated business bank account before conducting any business under the new entity.

Building a store and want your entire legal and business foundation set up right? See how my done-for-you store build service works →

Or grab my free beginner’s guide to see how LLC formation fits into a complete high-ticket dropshipping system.

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