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In this guide, we'll walk you through how to start an LLC in just seven simple steps. You'll learn about the pros and cons of LLCs and how to set up an LLC.
A Limited Liability Company (LLC) is a business structure allowed by state statute. Each state may use different regulations, you should check with your state if you are interested in starting a Limited Liability Company. Owners of an LLC are called members.
Form an LLC in only seven steps: Select a unique name, appoint your registered agent, determine your LLC’s management structure, create an operating agreement, and file articles of organization. Set your new LLC up for success: Stay compliant with federal and state law, think about taxes early, and build a strong financial structure.
Step-by-step guide to starting a limited liability company (LLC). To start your LLC, you'll need to choose a name, file your articles of organization, draft an operating agreement, and comply with tax and regulatory requirements. By Diana Fitzpatrick, J.D. New York University School of Law. Why Trust Us? Fact-Checked.
The first step to starting an LLC is to register and choose a business name for your LLC. The LLC division of your secretary of state office (which may also fall under the corporations division) will have certain rules regarding naming. They'll vary from state to state, but will most likely include these requirements:
In general, anyone who wants to form an LLC must create and file two documents with the appropriate states: articles of organization and an operating agreement. An LLC filing service can handle...
It's easy to create an LLC! Learn how to start an LLC with our state guides, from the idea stage to officially starting a limited liability company.
Forming a limited liability company (LLC) allows you to register your business with the state and is a first step to obtaining limited liability protection so you can reduce, or eliminate, your personal responsibility for business liabilities and debts.
The Requirements For an LLC. Each state has specific requirements for forming an LLC, but generally, you need to have a unique business name, a registered agent, filing fees, and an operating agreement. Familiarizing yourself with your state’s regulations is a key part of setting up your LLC correctly. Annual Reporting Requirements and Costs
When you’re ready to start a business and have decided that a limited liability company (LLC) is the business structure that will provide you with the greatest benefits, there are a number of...