Forming an LLC (Limited Liability Company) is an important step in setting up any business. It is a legal entity that protects personal assets from any business liabilities and debts. There are many benefits to having an LLC, including protecting personal assets, increased credibility, and tax advantages. In order to file and obtain an LLC, there are certain documents and information that must be submitted.
Step 1. The first step in forming an LLC is to file the necessary paperwork with the state. This includes Articles of Organization, which establishes the LLC formation, and an Operating Agreement, which outlines the LLC’s internal rules and regulations.
Additionally, the LLC must also submit a Certificate of Existence or Good Standing, which verifies that the LLC is legally recognized by the state.
Step 2. The next step is to obtain an employer identification number (EIN) from the IRS. This nine-digit number is used for tax purposes and is necessary for filing taxes, opening a business bank account, and hiring employees. The EIN Filing service is included in the LLC package.
Step 3. The third step is to remain compliant with the state’s laws and regulations. This includes filing an annual report, which must be done each year to keep the LLC in good standing. We'll send you reminder emails so you don't miss the annual deadline (May 1st).
Step 4. Finally, receive your state documents. We'll email your official LLC docs in 10-15 days. Get access to your state docs 24/7 online.
Ready to get started?
Now that you have filed all the necessary paperwork with the state, you'll need an Operating Agreement to outline your rights and responsibilities as the business owner. Complete this to meet business general business guidelines.
Go To Next Step - Operating Agreement!
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