![]() Resource: Why we need to file Articles Before Obtaining an EIN Once the Certificate of Formation has been filed, obtain an Employer Identification Number (EIN) by completing the IRS Form SS-4 and obtaining the EIN online. Resource: Filing Articles of Incorporation Online in California is a Good Bet for Loan Out Corporations Despite Being Unable to Include Optional Provisions Resource (Template): form of Certificate of Formation The Articles contain basic information (e.g., the name, principal place of business, resident agent, etc.). In Delaware, a LLC is created by filing a Certificate of Formation. Prepare and File Certificate of FormationĪ LLC is legally created by filing Articles of Organization with the Secretary of State. In California, search corporate name availability by clicking here. To search the name click on Domestic Business Corporation (For Profit) and Domestic Limited Liability Company.Ĭalifornia Name Search. In New York, visit the New York Department of State. In Delaware, search corporate name availability by clicking here. Each state has an option to formally check for name availability and reserve a name, but the following resources are available to do a very basic name search.ĭelaware Name Search. The next step is to determine whether the name is available. Resource: Why Delaware is the best Jurisdiction for Actors and Creatives On the other hand, if the project or the filmmakers are bicoastal (or have any aspiration to be), Delaware is a better option. If the project and all of the filmmakers are in California or New York, it makes sense to form the corporation where everyone is located. Here’s everything you need to know to form a LLC.įor a film project in California or New York, the LLC would be formed in Delaware, California, New York. We at Topsheet can be this solution by our entertainment payroll and administration services.How to Form a LLC for an Indie Film in California or New York Read how to prepare for the AB5 Law (Assembly Bill 5), that passed in September 2019, which restricts hiring employees as independent contractors. Last Wordsįinding film production insurance is only the beginning of your production endeavors. One of the newest coverages included in the Short Term Production Insurance includes liability on drones. It is eligible for over 50 different types of productions ranging from music videos to webisodes. The Short Term Production Insurance enables projects with low budgets to choose only the ideal coverages that fit best for your production’s needs. Founded in 1923, this agency has been helping with the risk management needs of production companies in the entertainment industry. provides a wide range of film production insurances that are brokered by Supple-Merrill & Driscoll, Inc. Capstone BrokerageĪddress: 550 El Dorado Street, Pasadena, CA 91101Įmail: Mon-Thu 830AM-5PM Fri 830AM-430PM Here is a guide to the best film production insurance companies in Los Angeles: 1. You will want to pick the best production broker to get the best rates. It's your job to choose the one that fits for your production’s needs. A good entertainment insurance broker can get you low film insurance deductibles with the best coverage.įilm production insurance is widely available by many different entertainment insurance brokers. Insurance covers you from liability civilly and criminally. Most production companies operate as a company business in the film industry. ![]() Add-on specialty policies: for productions that require special insurance policies, insuring everything from stunts to drones.Getting certificate of insurance (COI) from your insurance broker.Purchasing errors and omissions (EO) insurance.Insurance protection is important in the event of injury, sickness, or death to an artist. Getting cast coverage to reimburse extra expenses to finish principal photography.Most rental houses won't even talk to you without production insurance. It's important to keep these items at the top of mind: For long-term coverage, you should look into annual production insurance. For a single feature film, you will want to look into short term film production insurance. Insurance provides a variety of coverage ranging from bodily injury to cast and crew to equipment coverage. This will protect the film producers from millions of dollars in loss or damage. But every production will need to buy liability insurance to protect your production. ![]() In this phase, it's easy to get caught up on locking your script, finalizing your budget, or casting your crew. We all know preparing for production is an essential part of every film production. ![]()
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