Legal and Service Disclaimer
Last updated November 11, 2026
Legal review notice: this document has been prepared for FairEntity but has not yet been reviewed and approved by independent counsel. It is not the final approved legal text.
1. FairEntity is not a law firm or accounting firm
FairEntity is a business-formation and administrative-service brand operated by 01 Holdings LLC. FairEntity is not a law firm, accounting firm, tax-return preparer, investment adviser, or government agency. Unless a separate engagement expressly identifies a licensed professional and the professional's role, no lawyer, accountant, or other licensed adviser is providing individualized professional advice through FairEntity.
2. No attorney-client or professional relationship
Using the website, chatting with Fae, completing a formation questionnaire, paying for a filing service, or receiving a document does not create an attorney-client, accountant-client, fiduciary, or other professional advisory relationship. FairEntity does not represent you in court or before a regulator and does not provide legal representation.
3. Fae is an artificial-intelligence assistant
Fae uses artificial-intelligence technology to provide general explanations, collect information, and assist with administrative steps. AI-generated responses may be incorrect, incomplete, outdated, or unsuitable for your circumstances. Fae is not a lawyer, accountant, government employee, or authority and does not make binding decisions about your application.
You should independently verify important information and ask a qualified professional to review questions that require legal, tax, accounting, immigration, securities, or regulatory judgment.
4. Formation and government filings
A formation filing is not complete merely because a form has been prepared or payment has been made. The relevant state authority determines whether a filing is accepted and when an entity is formed. The IRS separately determines whether and when it assigns an EIN. FairEntity cannot guarantee approval, name availability, processing time, tax treatment, or the outcome of an application.
Certain government applications require information about an individual, including a natural-person responsible party for an EIN application in ordinary cases. A contract with 01 Holdings LLC does not eliminate a customer's obligation to provide information or signatures that a government authority requires.
5. Third-party services
FairEntity may procure, resell, subcontract, or coordinate services from independent registered agents, formation companies, filing providers, payment processors, and other service providers. A provider is used for a customer order only when the applicable service, provider role, and material terms have been disclosed as required and the necessary authorization has been obtained. The provider and government authority control their own systems, requirements, decisions, and processing schedules. A provider's name appearing in informational content does not by itself imply endorsement, affiliation, or a current commercial relationship. 01 Holdings LLC remains responsible for its own obligations to the customer under the accepted FairEntity order and applicable law.
6. No promise of banking, financing, or tax outcomes
Formation of an LLC or corporation does not guarantee access to a bank account, payment processor, credit, financing, licences, permits, tax benefits, or a particular immigration or residency outcome. Banks, financial institutions, regulators, and tax authorities apply their own legal requirements and eligibility standards.
You are responsible for obtaining advice about tax returns, federal and state tax classifications, foreign reporting, beneficial ownership, sales tax, payroll, and obligations in your country of residence.
7. Get professional advice when needed
Consult a lawyer licensed in the relevant jurisdiction before making decisions about company structure, ownership rights, investor agreements, intellectual property, regulated activities, employment, litigation, or disputes. Consult a qualified tax professional about tax classification, filing obligations, international taxation, treaty positions, and reporting requirements. FairEntity's administrative service is not a substitute for that advice.