Welcome to the tutorial designed to overview the limited liability company registration process in the state of Tennessee. As in many states, the department dealing with business filings of this nature is the Secretary of State and it is through their well constructed online portal that you will be submitting the necessary documentation. Upon completion of the procedure, representatives should note that a payment must be made which covers the cost of the filing, a fee which is set at $50 per member with the minimum based at $300 and the maximum set at $3000. The below guide features links to comprehensive tutorials for both foreign and domestic LLC registration which will provide you with more detailed instructions on how to file.

How to File

Step 1- First and foremost it is recommended that a Business Entity Search be performed prior to registration to ensure that your LLC is distinguishable from that of all other entities on file in the Secretary of State database. If you would like additional time in which to prepare for your filing, you may wish to reserve your name; a process which will cost $20 and secure the rights to the name for a period of 4 months.

Step 2- To begin the actual filing process, you will need to navigate to the Secretary of State website and tap into their online business services portal. Click on the link below to educate yourself on the exact filing procedure for your entity.

Step 3- With the filing forms completed, you will be required to pay the filing fee. Those filing for domestic entities will have the option between submitting the forms/fees online and printing them off  while paying by check/money order. Foreign entities will be required to do the latter of those two options and will be required to provide a certificate of good standing or like document along with their printed application. Send the document, check and certification (if applicable) to the below address once compiled.

Secretary of State – Business Services Division

 312 Rosa L. Parks AVE, 6th FL. Nashville

TN 37243

Tips

EIN – Once your new domestic company has been registered with the Secretary of State,you will most likely be required to apply for an Employer Identification Number. The EIN is an identifier used by the IRS to keep track of all legitimate, tax paying entities in the United States. Without a number assigned to your company, you will not be able to apply for loans, open checking or savings accounts in the company name or even hire employees legally. Our tutorial, found linked in the heading of this paragraph, will hopefully answer any questions you may have about both the Online and the PDF (paper) application procedures.

Operating Agreement– An operating agreement is an organizational tool drafted by the founding organizers or members of a limited liability company to relay the various logistical and financial provisions not previously stated in any official documentation. In providing a concise and bullet proof agreement clearly describes the management of the internal affairs of a particular entity, the company’s officials will be able to protect themselves and the company in any legal dispute. A free template has been drafted by our in-house attorney to greatly expedite the drafting process for you and your colleagues. Click on the heading of this paragraph to access said template and download it in either MS Word format or PDF.

Renewal– It is imperative that the officials of an LLC renew their company each year with the Secretary of State through the submission of an annual report. It is with this document that the State is able to keep tabs on your business in regards to any changes which may have occurred in the information submitted in the company’s initial registration documents. Much like the Articles of Organization or the Application for Certificate of Authority, your annual report is to be provided electronically through the Secretary of State portal and you will be able to print off the form and submit it through the mail if you so wish. The filing fee is set at $50 per member (minimum $300, maximum $3000) and the form is due on or before the first day of the fourth month following the company’s fiscal year closing.

Secretary of State – Business Services Division

 312 Rosa L. Parks AVE, 6th FL. Nashville

TN 37243

How to (Video)