Frequently Asked Questions
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.
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.
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.
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!
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.
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.
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).
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)).
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)).