Why Every OnlyFans Creator Needs an LLC

Why OnlyFans Creators Should Consider an LLC

If you're making money on OnlyFans, you're not just a content creator—you're running a business. The IRS sees your earnings the same way it sees freelancers, influencers, and digital entrepreneurs. That means:

• •You owe self-employment taxes
• •You're required to report all income
• •You can deduct business expenses

Setting up a Limited Liability Company (LLC) makes running your creator business safer, more professional, and more tax-efficient.

1. Privacy and Liability Protection

OnlyFans payouts go straight to you. If something goes wrong—chargebacks, disputes, or legal issues—you're personally at risk.

An LLC creates a shield between your personal assets and your business income. That way, your savings, car, or house aren't automatically on the line.

For OnlyFans creators, this can also mean more privacy. Instead of your personal name being tied to everything, you can use your LLC's business name.

2. Tax Benefits for Creators

Without an LLC, you're paying:

• •Federal income tax
• •State income tax (if applicable)
• •Self-employment tax at 15.3%

An LLC allows you to:

• •Deduct business expenses like cameras, lighting, makeup, wardrobe, editing tools, even part of your home studio
• •Stay flexible with tax treatment—start as a single-member LLC and switch to S-Corp later to save on self-employment taxes
• •Build legitimacy with banks when applying for business credit

3. Banking and Payment Advantages

Payment processors can be strict, especially in adult industries. With an LLC you can:

• •Open a business bank account under your company name
• •Keep finances separate, which makes taxes and budgeting easier
• •Start building business credit for future ventures

4. Professionalism with Brands and Collaborations

Many creators expand beyond OnlyFans into:

• •Sponsored partnerships
• •Merch and product sales
• •Digital courses or coaching
• •Paid collaborations

Having an LLC signals that you're a professional. Brands and partners are more likely to pay invoices from a business than a personal Cash App or Venmo request.

5. Best State to Form an LLC

For most creators, the best state to form an LLC is the state where you live and pay taxes.

Why? Because if you form in another state like Delaware or Wyoming but live in California, you'll still need to register in California and pay their fees—often doubling your costs.

Exceptions include:

• •If you're moving soon, wait until you're settled in your new state
• •If you're building multiple business ventures beyond OnlyFans, certain states with lower fees may be worth considering

6. Costs of Starting an LLC

Here's the breakdown:

• •State filing fees: usually $100 to $300 depending on where you live
• •Service fees: big-name companies often add $200 to $400 with upsells
• •Affordable options: some services keep it simple with one flat fee so you know exactly what you're paying for

Why This Matters for OnlyFans Creators

As an OnlyFans creator, you want three things:

An LLC delivers all three in one move. It's the fastest and most affordable way to turn your content business into a real business.

FAQs: LLCs for OnlyFans Creators

Why Genie is the Best Option for OnlyFans Creators

Other services make LLCs confusing and expensive. They push upsells you don't need, or hide the real costs.

Genie is different. For one flat fee, you get:

• •Step-by-step state filing instructions
• •Help with your EIN so you can open a business bank account
• •A customized operating agreement to keep your business legit
• •A launch checklist so nothing falls through the cracks