how to get an llc is a question many people ask when they start their own businesses. The truth of the matter is that it isn't as difficult as you might think, although it does require some legwork and careful planning. Most small business owners use the Internet to search for the information they need. They will find dozens of links for 'llc' or 'business license' forms, and they will see that each one looks different from the rest. Some have FAQs or videos explaining the process, and others will allow you to download and print forms for your filing.
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There are many reasons to use the Internet to learn how to get an LLC. For starters, there is no cost to take advantage of these online resources and you won't have to pay income tax or business license fees to file. Many of these online sources are supported by volunteers, and the information is almost always updated. In addition, you will be saving time and money on the forms you download.
If you are not sure about how to get an LLC or how to use the forms when filing, you should visit the IRS website. The website has plenty of helpful information for small business owners who need to learn about tax filing fees and state tax laws. You can also call IRS for help, but you may need to have a social security number to do so.
How to Get an LLC Registered Agent
As you work through the process of how to get an LLC, you will find out that there are several other documents you will need to file in addition to the basic filings for a sole proprietorship or corporation. First, you will need to create or register your business name. This requires a copy of your legal name and address (the business name must exactly match the name you registered). Business names can be registered with the county by simply completing the necessary forms, but you may need to pay a small fee for this service.
Next, you will need to determine if you want to incorporate your small businesses as a corporation or as an individual. Although corporations are not required by law to meet many of the public requirements for forming LLCs, they are often easier to form because they already have many state regulations in place. For most small businesses, I recommend using the services of a professional service to help you through the process. An accountant or a lawyer can help you decide the differences between the two options.
After you have decided to form an LLC, you must determine the length of your name. In the state of Nevada, the longest name is fifty characters. For most other states, the shortest is forty characters. Most services will allow you to enter a short list of possible longer names until you find one that is valid.
The next step involves filling out the Articles of Organization form. An LLC Operating Agreement will be required to establish the relationship between the LLC and all of its owners. It should also provide guidelines on how members can transfer their LLC shares. All LLCs must have a current operating agreement before filing for certification. The forms are available at your local attorney's office or at the IRS website.
The last step involves filing your Articles of Organization with the Secretary of State. Each state has different deadlines for filing, but most require at least three months. Once filed, you will be able to officially start operating as a Limited Liability Company. You should use a qualified accountant or lawyer to help you complete the Articles of Organization. To learn more about incorporating your business, including how to find a qualified accountant, contact the SLC.
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