If you’ve decided to form an LLC to start your new enterprise, then it’s imperative that you understand all of the steps involved. Today we’re going to go over LLC online filing – what you have to do and how to get your LLC off the ground.
State Requirements
Unlike a corporation or partnership, LLCs are not recognized federally. That means that you have to pay attention to state laws regarding these entities, which can vary drastically depending on where you live.
So, one of your first steps should be to look at all of the rules and regulations about LLCs for your state to be sure that you have a full understanding of what’s required.
Create a Name
Next, you will have to register your LLC’s name with the state. This step is crucial because you can’t use a name that’s already been taken. While you can add a DBA (doing business as) to further customize your business name, it’s imperative that you have one registered with the state first.
File Articles of Organization
Once you’ve found the right name for your company, then you have to file your LLC paperwork. Usually, this is called the articles of organization, and it shows how your business will be set up. Unlike a corporation or partnership, you will have to pay a filing fee for this.
Also, at this time you will want to create an operating agreement between you and the other founding members. While this isn’t required to get your LLC, it’s a good idea because it dictates which members are responsible for what.
Publish a Notice
Some states require you to publish a notice in the newspaper for your LLC to become official. Check to see if this is necessary. Otherwise, once your articles are approved, you should be ready to go.
Get Licenses and Permits
While forming your LLC is the first step, now you have to obtain any other licenses and permits to operate in your state (i.e., a reseller’s permit). Also, now is the time to get an employer ID number so that you can have employees.
Filing for an LLC is a straightforward process, but remember that rules vary by state. Do as much research beforehand to ensure that everything goes smoothly.
