Legal Question in Business Law in New Jersey

An LLC can be formed by one person. The cost depends on the state in which you file. However, in New Jersey, it will cost about $150.

To add to the other attorney answer, you also need to factor in the legal time to draft the member operating agreements, etc. It is not just the filing fee. Consult with a good business attorney in your area for specific advice.

Kevin B. Murphy, B.S., M.B.A., J.D. - Mr. Franchise

Franchise Attorney

A single member LLC can be formed very economically. You may need some help with the filing process and some legal advice regarding whether the defaults that the statute provides will meet your needs. If you need financing or if there are multiple members, an Operating Agreement should be prepared.

Yes, you can form a one-person LLC. The cost should not be high, for a simple one man operation, I charge a very modest flat fee to set up the LLC, draw the Operating Agreement and the other first steps to get this business started. You should have an attorney who sets up businesses look it over for you and advise you on the other issues that are likely to arise: renting an office space, handling equipment and inventory purchases, how to set up customer account agreements (with personal guarantees of payment if possible), how to deal with partners, and the many other issues that affect your business. Call if you like, 201 820 3460, no charge for the telephone call.