create your llc underlined

A Limited Liability Company (LLC) is the amalgamation of both a corporation and a partnership/sole proprietorship. Owners of an LLC have the same limited liability offered through the corporate structure, meaning that their personal assets will be protected if the company is sued. LLC owners will also benefit from the same pass-through taxation that’s available to partnerships or sole proprietorships; company assets are reported on an owner’s income tax report, resulting in no dividend tax or double taxation. Additionally, maintaining an LLC is relatively straightforward as there are no requirements for regular meetings or corporate formalities.

Step 1 – Select Your State

Step 2 – Choose LLC Type

  • Domestic – A new LLC formed within a State
  • Foreign – Preexisting LLC expanding into a State from an outside jurisdiction
  • Professional – An LLC offering a professional service (e.g. attorney, chiropractor, dentist)
  • Non-Profit – An LLC which distributes none of its income to its members, typically established for religious, educational, or charitable purposes
  • Series – An LLC formed with separate unique divisions (series), each operating with their own operating procedures, rights, members, etc.

Step 3 – Select a Name

Use the business database search function in the appropriate State below to confirm that the name you want to use has not been reserved or registered by another entity.

Name Reservation – At anytime before making a formal application, you can choose to reserve the name you would like for a period of 60 to 120 days (timeframe varies from State to State).

create your llc underlined

Step 4 – Filing Fees

After selecting your State, you will be shown instructions on how to create the LLC. This will often lead to you filling in the Articles of Organization (for domestic) or Certificate of Registration (for foreign), which can usually be completed both Online and in Paper Format.

Domestic LLC Fees

  • AL – $100
  • AK – $250
  • AZ – $50
  • AR – $45 – $50
  • CA – $70
  • CO – $50
  • CT – $120
  • DE – $90
  • FL – $125
  • GA – $100
  • HI – $50
  • ID – $95
  • IL – $500 – $750
  • IN – $95 – $100
  • IA – $50
  • KS – $160 – $165
  • KY – $40
  • LA – $100
  • ME – $175
  • MD$ – $150
  • MA – $500
  • MI  – $50
  • MN – $135 – $155
  • MS – $50
  • MO – $50 – $105
  • MT – $50 – $70
  • NE – $100
  • NV – $75
  • NH – $100
  • NJ – $125
  • NM – $50
  • NY – $250
  • NC – $125
  • ND – $135
  • OH – $99
  • OK – $100
  • OR – $100
  • PA – $125
  • RI – $150
  • SC – $110
  • SD – $150
  • TN – $300 (min)
  • TX – $300
  • UT – $70
  • VT – $125
  • VA – $100
  • WA – $180 – $200
  • WV – $100
  • WI – $130 – $170
  • WY – $100

 Step 5 – Operating Agreement

An Operating Agreement is a highly recommended document to be signed by the Member(s) of an LLC in order to establish the primary business purpose and ownership (listed as a percentage, no shares). Required in the States of California, Delaware, Maine, Missouri, and New York.

Step 6 – Employer Identification Number

An Employer Identification Number (EIN) is the corporate equivalent to a Social Security Number. The internal Revenue Service (IRS) issues this number to businesses for the purpose of reporting income tax information. Though not required for some LLCs, obtaining an EIN will be necessary if your business plans to hire employees; payroll tax information must be reported to the IRS. It’s possible to obtain an EIN for free on the IRS Website or through the submission of Form SS-4.

create your llc underlined