Q:

How do you set up an LLC?

A:

Quick Answer

Business owners must file business formation documents, such as articles of organization, with the Secretary of State's office to legally form a Limited Liability Company. Since LLC filing requirements vary by state, business owners should visit the SOS website to file the correct documents.

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Full Answer

  1. Choose a business name

    Visit the Secretary of State's website in the state of formation to search for available business names. Register or reserve a name to comply with state requirements. In addition, search federal business databases and business directories to ensure the business name is unique. Business owners may not register business names already on file in the same state.

  2. File LLC formation documents

    Contact the Secretary of State's office, or visit the website to determine which business documents to file. Most states require business owners forming an LLC to file articles of organization. Download or print out the articles of organization form to complete. File business formation documents online, by fax or by mail. Complete any additional business formation documents.

  3. Create an LLC operating agreement

    Create an LLC operating agreement. This agreement outlines the roles and responsibilities of all LLC members as well as LLC business management procedures, voting rights and meeting rules. Most states do not require business owners to file LLC operating agreements with the SOS office, but business owners and LLC members should maintain a copy to use as a reference.

  4. Pay filing fees

    Pay filing fees when submitting LLC formation paperwork. Fees vary by state.

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