Frequently Asked Questions
General

Pro-Tier offers the easiest and most cost-effective way to turn your gig into a profession by creating a series LLC. Our process is quick and easy – we ask for some basic information, including the name you choose for your new company, and in 48 hours we’ll register your company and email the legal documents to you.

 

We are a San Francisco-based company that works tirelessly to represent contract workers in the rapidly expanding gig economy. There are more than 55 million contract workers in the US, yet the services and support that currently exist for this growing segment of the workforce are lacking. Pro-Tier exists to help fill the gap.

Category: General

We believe that the best way for independent workers to increase their savings, limit their liability, and ultimately increase profits is to create a legal entity. Pro-Tier is committed to helping subcontractors transition from independent worker to business owner with a series LLC.

 

Pro-Tier was founded in San Francisco, CA in 2016. Our team has decades of cumulative business experience (from accounting to human resources) and we are passionate about representing the individuals who drive our gig economy.

Category: General

Yes, your series LLC can apply for an EIN with the US Internal Revenue Service. The employment identification number will serve as your company’s social security number and can be used to secure a business bank account, among other things. To apply for your company’s EIN click here.

Category: General

Savings: You work hard for your money, but chances are you’re leaving some on the table. You can save hundreds of dollars just by putting existing expenses into a company name. There are a variety of expenses you can associate with your business like rent/mortgage, travel costs, mileage, cellphone bills, office supplies, internet, meals, etc. Allocating just $20,000 of existing expenses to your business entity could save you almost $8,000 per year!

 

Security: Protecting your assets is critical to long-term success. Pro-Tier helps in sheltering you, your family and your assets from financial risks and unexpected circumstances in business. Limited Liability Companies (LLC’s) are the mostly widely used legal vehicle to protect personal assets from business risks, and we navigate all of the complexity for you. Pro-Tier will create a Series LLC that separates your business’s debts and liabilities from your personal debts and liabilities. Once we’ve formed an LLC, creditors are restricted when it comes to pursuing your personal assets (house, savings accounts, etc.). Our simple process provides you with the forms and documentation needed to create this shield in just hours – for a fraction of the price otherwise available. Click here to see our Terms of Use for additional details.

 

Services: Running a business is hard. We don’t need to tell you that – you’re already doing it. Our mission is to provide you with the tools you need to succeed.  Examples include simple templates to help you with your taxes and reminders of critical dates that may impact your business. We’ve designed these resources specifically for those of you who power the gig economy.

 

Advice: As the independent workforce evolves and technology continues to drive rapid innovation, having the latest news and information becomes crucial to your business’s success. With all of the information and data available, finding accurate and reliable resources can be a challenge. Pro-Tier gives you customized content and links to accurate information to help inform your business decisions. We don’t represent on-demand companies, regulators, or government groups, rather we curate information with your best interests and long-term business success in mind.

Category: General

Pro-Tier is for independent contractors who want to create a series LLC. Our process requires minimal input from you –only your basic information is required. Our signup process takes less than 3 minutes. You simply (1) Choose a name for your company, (2) submit your information, and (3) let Pro-Tier takes care of the rest. Within 48 hours we’ll email your your company’s relevant share certificates and legal documents so you can start reaping the rewards of your LLC.

 

Click here to create your account.

Category: General
Legal

An LLC (Limited Liability Company) is a business structure that combines elements of a partnership, sole proprietorship and a corporation. An LLC provides the limited liability features of a corporation plus the tax efficiencies and operational flexibility of a partnership.

 

A series LLC consists of an umbrella LLC (the parent aka Pro-Tier) and numerous series LLCs underneath it (which is what we offer to create for you).  Each series LLC is separated from each other for liability purposes. Each series LLC also has assets separate from the others, and has its own owners (members).

Category: Legal

The state of Delaware restricts series LLCs in some respects. For example, Delaware does not allow series to merge with other entities, convert into other entity types or re-domicile to another jurisdiction. For more information, please read our series LLC provisions here.

Category: Legal

Yes. Debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to a particular series shall be enforceable against the assets of such series only, and not against the assets of the LLC generally or any other series thereof, and, unless otherwise provided in the LLC agreement, none of the debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to the LLC generally or any other series thereof shall be enforceable against the assets of such series (6 Del. Code §18-215(b)).

Category: Legal

Records maintained for any such series must account for the assets associated with such series separately from the other assets of the LLC/other series thereof.  The LLC agreement must provide for separate limited liability and notice of the limitation on liabilities of a series must be set forth in the certificate of formation of the LLC) (6 Del. Code §18-215(b)).

Category: Legal

Each series shall have the power and capacity to, in its own name, contract, hold title to assets (including real, personal and intangible property), grant liens and security interests, and sue and be sued (6 Del. Code §18-215(c)).

Category: Legal