One person with a laptop and a few AI tools can now run a business that used to need a team. AI-powered agencies of one, weekend-built online stores, and solo consulting practices are started daily, and lots of them will be LLCs.
We launched Rho Incorporation in August with Delaware C-corps.
Starting today, you can also form your LLC with Rho and start your business account application in the same flow, subject to approval.
LLCs are $349 each, all-in. State filing fees are included.
All 50 states are supported. Form your LLC in the state where you do business.
Approvals take about 2 to 3 business days, depending on the state. Your formation documents are returned to you and applied to your Rho account application.
Starting a business still takes too long
Building a product has never been faster. The paperwork around it has barely changed.
A new founder still has to choose an entity type, find the right state forms, figure out state-to-state filing fees, and apply for an EIN. Then they open a bank account somewhere else and hand over the same information a second time.
Each step is small, but together they can take weeks. Plenty of people with a working idea stall right there. Others keep running revenue through a personal account, which mixes their money with the business's and leaves them personally on the hook for its debts.
Your company and your business account application in one flow
Rho Incorporation puts formation and your business account application in the same flow.
Here's how it works:
Start your Rho application and choose LLC.
Enter your company name, formation state, owner details, and addresses.
Your LLC is filed on your behalf, and your SS-4 (EIN application) is prepared and submitted for you. The IRS issues the EIN on its own timeline.
Your formation documents are returned to you and applied to your Rho account application.
Your Rho business account application can open in the same flow, subject to approval, but funds cannot move until the IRS issues your EIN and it attaches to your account. Banking, invoicing, cards, and bill pay, all live the moment your account is approved.
At least one owner or officer must be US-based with a US operating address, and your business can't be in a restricted industry or country.
Is an LLC right for you?
If you don’t plan to raise venture capital, an LLC is usually the right choice. If you do, form a Delaware C-corp, because VCs invest in companies that issue stock. Rho Incorporation forms both.
An LLC is simpler to run. By default, the LLC pays no federal income tax of its own. Profits pass through to the owners’ personal returns, where they’re taxed once. You don’t issue shares or hold formal board meetings, and the owners set ownership and profit splits in an operating agreement.
Like a C-corp, an LLC keeps your personal assets separate from the business’s debts. That makes it a good fit for agencies, consultancies, e-commerce shops, creators, freelancers, and real estate businesses: companies that plan to keep their profits rather than sell equity.
If your situation is more complex, such as several owners in different countries, an accountant or attorney can help you choose.
Why we built this
We want more businesses to get started, and we want Rho to be where they start.
The cost of building a company has dropped fast, and AI is a big reason why. Founders can now build, sell, and support customers with tools that didn't exist two years ago. That means more people will start companies than ever before, and forming one should be as fast as building one.
C-corps served founders raising venture capital. LLCs open Rho Incorporation to everyone else: the consultants, creators, agencies, and online stores getting started every day. Each one needs a legal entity and a business account. Now they can form the entity with Rho and start the account application in a single flow, subject to approval.
Get started
Form your LLC for $349, including the state filing fee.
Start your LLC · Learn more at rho.co/product/incorporation
FAQs
Rho charges $400 for a Delaware C-corp and $349 for an LLC (state filing fee included for the LLC). For comparison, Stripe Atlas charges $500 and Clerky charges $427 or $819, each including state filing fees and a first year of registered agent service. LegalZoom's LLC packages run $0 to $299 plus state filing fees. (Competitive data collected from Stripe Atlas, Clerky, and LegalZoom websites as of 2026-10-05, and may change.)
Yes, subject to approval. Your account application can open in the same flow as incorporation, but funds cannot move until the IRS issues your EIN and it attaches to your account.
Yes. Rho forms LLCs for $349 all in, state filing fee included, with approvals in about 2 to 3 business days depending on the state. Rho also forms Delaware C-corps for $400.
Rho costs $400 for a Delaware C-corp and $349 for an LLC (state filing fee included for the LLC), and its business account application opens in the same flow, subject to approval. Stripe Atlas costs $500, states incorporation "within two business days", and includes $2,500 in Stripe product credits; its Stripe Treasury account is separate. (Competitive data collected from Stripe Atlas website as of 2026-10-05, and may change.)
Rho Incorporation includes Delaware C-corp formation reviewed by a licensed attorney, registered agent service for your first year, and your SS-4 (EIN application) prepared and submitted for you. Your Rho business account application can open in the same flow, subject to approval, and banking, invoicing, cards, and bill pay are live the moment your account is approved.
Form a Delaware C-corp if you plan to raise venture capital, because investors and standard startup equity documents assume one. Form an LLC if you want pass-through taxation and less admin, which suits agencies, e-commerce brands and service businesses. An LLC avoids the double taxation a C-corp carries. Rho forms both: $400 for a Delaware C-corp and $349 for an LLC (state filing fee included for the LLC).
A Delaware C-corp is typically filed within about 24 hours of the next business day after you submit your information, and about 80% of filings complete in that window. LLC approvals take about 2 to 3 business days, depending on the state. These cover state filing only, not EIN issuance or account approval.
Yes. Registered agent service is included for your first year with Rho Incorporation on both the C-corp and the LLC. A registered agent receives legal and tax notices on your company's behalf at a state-registered address.
Your SS-4 (EIN application) is prepared and submitted for you. The IRS issues the EIN on its own timeline.
At least one owner or officer must be US-based with a US operating address, and your business can't be in a restricted industry or country.
No. Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services are provided by Webster Bank, a division of Santander Bank, N.A., Member FDIC, and by Lead Bank, Member FDIC, and deposits are FDIC-insured up to $250,000 per entity through that partnership. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party.
A Delaware C corporation is a legal entity, the kind Rho Incorporation forms for startups, that is owned by shareholders, can issue multiple classes of stock, and is what most venture-backed companies and their investors expect. Delaware's Court of Chancery has decades of business-law precedent and its corporate statute is predictable, which is why most venture financing documents assume a Delaware C-corp counterparty.