FES Producer Guide / 1. FES Overview & Setup / 1. Production & Post Setup

03. Single Purpose LLC

SINGLE PURPOSE LLC SETUP

Producers will need to establish a new single purpose LLC for their project.  

Please make sure to budget for:

  • The cost of establishing and closing the entity after producers have made complete delivery.
  • CPA/tax accountant for filing taxes.
  • One year of tax minimums.

Depending on the tax credit structure(s) of the production, there might be a need for more than one entity which will be discussed during the pre-production process.

If needed, the approved Production Legal counsel can assist Producers with entity setup.