how to start an llc

8 hours ago 3
how to start an llc

To start an LLC, follow these key steps:

  1. Choose the state for registration – Typically, the state where your business is based. Registering in another state is possible but may involve extra costs and paperwork.
  2. Select a name for your LLC – The name must comply with state rules and usually include "LLC" or "Limited Liability Company."
  3. Appoint a registered agent – This person or service receives legal documents for your LLC and must have a physical address in the state.
  4. File Articles of Organization – This is the official document filed with the state (often the Secretary of State) that creates your LLC legally.
  5. Create an Operating Agreement – This internal document defines ownership, roles, and rules for running the LLC.
  6. Comply with other regulatory requirements – Obtain licenses, permits, an EIN (Employer Identification Number), and file any required reports or ownership information.

Once these steps are completed and approved, your LLC is officially formed and recognized by the state. Consulting an attorney or accountant is recommended to ensure compliance and optimize tax and operational structure. This summary compiles the general process that applies across most U.S. states, though details can vary slightly by location.