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TENNESSEE DEPARTMENT OF REVENUEFRANCHISE, EXCISE TAX RETURN Taxable Year FAE 170FEIN or Subaccount No. Beginning: Ending:Due Hatcheck APPROPRIATE BLOCK(S): j. Single Member LLC/Division Tennessee

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How to fill out single member llccorporation

01

First, gather the necessary documents such as your personal identification, Social Security number, and any other required identification documents.

02

Next, choose a name for your single member LLC corporation that complies with the state's rules and regulations for business names.

03

File the necessary paperwork with the state's Secretary of State office. This usually involves submitting Articles of Organization and paying the required fees.

04

Create an Operating Agreement that outlines the internal rules and regulations of your single member LLC corporation.

05

Obtain any required licenses or permits for your specific industry or business activity.

06

Lastly, obtain an Employer Identification Number (EIN) from the IRS if you plan to hire employees or have multiple members in the future.

Who needs single member llccorporation?

01

Individuals who want to start a business on their own without any partners or shareholders.

02

Entrepreneurs who want to protect their personal assets and limit personal liability for business debts and obligations.

03

Sole proprietors who want to separate their personal and business assets for better financial management.

04

Small business owners who want the simplicity and flexibility of a single member LLC structure.

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