Your LLC is filed and the EIN is issued - now what? This Anonymousllc.co guide covers the first 30-90 days after formation: opening the bank account, setting up bookkeeping, registering for payment processing, handling state nexus where you operate, and the year-one compliance calendar. Written for first-time LLC owners regardless of whether you formed in Wyoming, NM, Delaware, or Nevada.
After Anonymousllc.co delivers your formation (5-10 days for US residents, 4-6 weeks for non-resident EIN), you have: • Stamped Articles of Organization from the state SOS (Wyoming, NM, Delaware, or Nevada) • EIN confirmation letter (CP-575 or 147C) from the IRS • Custom operating agreement signed and stored • Registered-agent confirmation for year 1 • Bank applications submitted to 4-5 US banks (Mercury, Relay, Bluevine, plus state-specific options) The LLC legally exists. The EIN identifies it to the IRS. The operating agreement governs internal operations and is the document banks and counsel will ask for. The next 30-90 days are about activating the LLC operationally.
Priority 1 - bank approval. Mercury and Relay approve within 5-10 business days after EIN. Approval requires legitimate-business documentation (the operating agreement plus a one-paragraph description of what the LLC does). If your initial applications stall, Fozlol Hoq at Anonymousllc.co works founder-country-specific patterns for re-application. Priority 2 - open the account, fund it with $500-$1,000. The funded account establishes a banking relationship even before revenue starts. Use a separate debit card for any LLC-related expense from day 1; do NOT pay for LLC things with personal funds - that's the single most common cause of LLC piercing. Priority 3 - set up bookkeeping. Wave is free and sufficient for most single-member holding LLCs. QuickBooks Simple Start is $30/month and standard for operating LLCs with multiple revenue streams. Sync the bank feed on day 1 - every transaction should be categorized within 7 days of clearing.
Stripe - if your LLC will accept payments online, set up Stripe with the LLC EIN. The application asks for the business address (use your registered-agent address or a separate virtual office), business type ('LLC, single-member' is the default), and bank account for payouts. Stripe approval is same-day after EIN verification. PayPal Business - same workflow. Note that PayPal sometimes requires the personal ITIN of the responsible party for non-resident verification. If you need an ITIN, Anonymousllc.co's standalone $299 ITIN service handles it. Operating address - your registered-agent address is for state purposes only. For Stripe, PayPal, business cards, and customer-facing usage, you want a separate operating address. A virtual-office service ($20-$50/month) is sufficient for most. See /resources/virtual-office-guide/ for the decision criteria.
State nexus - your Wyoming/NM/Delaware/Nevada LLC can operate anywhere, but operating in another state triggers foreign-qualification rules. The threshold is 'transacting business' in the operating state. Hiring an employee, leasing physical space, or having a sales office in another state triggers nexus. Online-only operations from anywhere don't. The state nexus matrix in /resources/state-tax-nexus-rules/ covers the trigger rules. Permits - most online businesses need no state permits. Operating businesses in regulated industries (food service, professional services, transportation, finance) need a state-specific business license in the operating state. Check the operating state's business-licensing portal. Insurance - General Liability ($300-$800/year for most online LLCs) is the baseline. Professional Liability/E&O is appropriate for consulting and service LLCs. D&O is rarely needed for single-member LLCs. See /resources/llc-insurance-guide/ for industry-specific recommendations.
Wyoming - Annual Report due first day of anniversary month. $60 minimum. New Mexico - no annual report, no annual fee. Delaware - $300 franchise tax due June 1. Nevada - $350 Annual List + $200 business license, due last day of anniversary month. BOI - under the March 21, 2025 FinCEN interim final rule, domestic reporting companies are exempt. Foreign reporting companies remain obligated. Anonymousllc.co confirms your BOI status at intake. Federal tax filing - single-member LLC files Schedule C with personal 1040 (US resident) or Form 1120 plus Form 5472 (non-resident). Multi-member LLC files Form 1065 plus K-1s. Anonymousllc.co's tax-and-compliance lead Alif Al Razi handles guidance on filing requirements.
Keeping LLC and personal money in separate accounts is what preserves the LLC's limited-liability shield. Courts pierce the veil - holding members personally liable - when owners commingle funds, undercapitalize the entity, or treat it as a personal alter ego. A clean separation is the strongest defense against that. Use the LLC's bank account and debit card for every LLC expense from day 1, and never pay LLC costs from personal funds. Contribute capital in a documented transfer rather than paying bills ad hoc. Keep every LLC receipt and statement, and record owner contributions and distributions, so the separation is documented if a court or bank ever reviews it. Anonymousllc.co's onboarding stresses hard account separation as the first-year priority.
First-time owners choose from Anonymousllc.co's 4-5 partner banks - Mercury, Relay, and Bluevine among them - which serve LLCs including non-resident-owned ones. Approval runs near 90% and lands 8-10 days after the EIN issues. Mercury and Relay are the fastest for online-first businesses. Approval requires the EIN, the operating agreement, and a short description of what the LLC does. Non-residents clear additional KYC review, which adds time. Anonymousllc.co submits applications to several banks in parallel and, where one stalls, works founder-country-specific re-application patterns.
A first-time non-resident owner of a single-member US LLC files a pro forma Form 1120 with Form 5472 attached, because the LLC is a foreign-owned disregarded entity. A US-resident single-member owner instead reports on Schedule C with the personal Form 1040. Multi-member LLCs file Form 1065 with K-1s. Form 5472 is required regardless of US income and carries a $25,000 penalty for non-filing, so it is the return non-residents cannot skip. Anonymousllc.co's tax-and-compliance lead Alif Al Razi covers the filing requirements, and the EIN needed for these returns is included in formation. The pro forma 1120 with Form 5472 is mailed to the IRS service center in Ogden, UT by April 15, or the extended due date if the LLC files Form 7004.
Mistake 1 - paying for LLC things with personal funds. Cures: hard separation of accounts from day 1, use the LLC debit card for every LLC-related expense. Mistake 2 - missing the annual report deadline. Cures: Anonymousllc.co's 30-day WhatsApp reminder, or the optional $99 Annual Report Filing add-on. Mistake 3 - using the registered-agent address as the operating address. Cures: a separate virtual office for customer-facing use; the RA address is for state SOS service only. Mistake 4 - self-listing as the registered agent. Cures: never. Anonymousllc.co's RA service is bundled year 1 and renews at $100/year specifically to avoid this. Mistake 5 - assuming 'anonymous' extends to the bank. Cures: read /resources/anonymous-llc-myths/. Banks know who you are; only state records don't.
Government, regulator, and primary-source documents underpinning this page.
5-minute WhatsApp intake. 5-10 day turnaround.