How to Form an LLC by Yourself

by GuestPoster

When forming LLC businesses your best bet is to learn how to form an LLC by yourself. The main reason that you want to learn how to form an LLC by yourself is because it can save you money on lawyer fees, but it can also save you money that you won’t have to pay a service fee for an incorporation service. If you learn how to form an LLC by yourself, the only fees that you will have to pay are going to be the filing fees and any corporate tax fees that are due at the time of filing.

Learning how to form an LLC by yourself is not very hard because there are only a few things that you have to do. The first step of forming an LLC is to choose a name for your LLC. When selecting the name for your LLC you want to select a name that is different from any other business in the area, but you also need to conform to the guidelines set forth by your state.

The second step to forming an LLC is to fill out and file the Articles of Organization. You can download a copy of these from the internet or you can obtain a blank copy from the Secretary of State’s office. Once you have filled out all of the required information you will want to file the Articles of Organization with the state. At the time of filing, you will need to pay a filing fee, plus any corporate taxes that are due at the time of filing.

Once you have filed the Articles of Organization you will need to create an operating agreement. The operating agreement does not need to be filed with the state, but you will want to keep a copy of it at the principal place of business just in case you ever need it when dealing with disputes.

The final step to forming an LLC by yourself is to acquire the proper business licenses and permits that your business needs according to the city and state that you are doing business in, plus based on your industry.

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