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Jul 26, 2024 · Setting up a limited liability company (LLC) properly is one of the most important steps in establishing your business. An LLC can offer your business liability protection as well as other...
Aug 22, 2024 · 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.
A limited liability company (LLC) is a business structure which combines elements of a corporation with those of a partnership or sole proprietorship. Many people decide to form a limited liability company because this business type is typically more flexible than a corporation and it is well-suited for companies with only one owner.
Mar 23, 2022 · 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.
- 1. The name of your LLC must comply with your state’s rules. While these rules differ, most states require 1) that your LLC’s name end with an LLC...
- 2. Articles of organization can usually be completed online or by using a form available on your Secretary of State’s website. You’ll need your LLC...
- 3. LLCs are required to have a registered agent . This is an individual or company that agrees to accept legal papers on behalf of the LLC if it is...
- 4. Most small LLCs choose to be managed directly by their members , but LLCs can appoint one or more people (outsiders) to manage the LLC – somewha...
- 5. Even though most states don’t require it, you should have an operating agreement for your LLC. This is an internal document that establishes how...
- 6. Additional tax and regulatory requirements may apply to your LLC. These include: EIN: If your LLC has more than one member, it must obtain its...
- 7. Many states require LLCs to file an annual report with a filing fee. In some states these fees can be significant – as high as $800 per year in...
- 8. To do business in a state other than the state where your LLC was formed, you will need to register your LLC in that state and appoint a registe...
Review Starting Your Business in Ohio for guidance on choosing a legal entity (such as a corporation or limited liability company or LLC) and registering with the Ohio Secretary of State, employer requirements, business taxes, and more.
Jul 29, 2024 · Steps to apply for an LLC. Other things to consider for your LLC. Is having an LLC worth it? One of the most important early decisions business owners must make is what business entity to register under.
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File Registration of a Foreign Limited Liability Company Online at Ohio Business Central Download Registration of a Foreign Limited Liability Company (PDF) (opens in a new window) $99.00
