How to Set Up an LLC With MyCorporation

Affiliate disclosure: This post contains affiliate links. If you buy through them, I may earn a commission at no extra cost to you. Full disclosure

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 $99 or well over $250. 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 $224 plus state fees, since Basic and Standard don’t include one. Compare this against Northwest Registered Agent at $39 with a full year of registered agent included before committing, since the price gap is significant for equivalent core service.

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. The $100 rush filing add-on claims to expedite processing but without a disclosed baseline, weigh whether it’s worth paying for.

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 mandatory $34 shipping fee that applies to every order regardless of tier.

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 ($224) and Premium ($324) include a full year of registered agent service. Basic and Standard don’t.

Is the $34 shipping fee avoidable?
No, it applies to every order regardless of package, and international orders pay an additional $50.

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.

Free 1,000+ high-ticket niches list

Still deciding what to sell?

Grab the free list of 1,000+ niches that work for high-ticket dropshipping, sorted by category.

Free. Unsubscribe any time.