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CUNNINGHAM COMMODITIES, LLC 440 S. BASALLY STREET, SUITE 2930 CHICAGO, ILLINOIS 606055035ACCOUNT IB APPROVAL DELIMITED LIABILITY COMPANY ACCOUNT AGREEMENT CC APPROVAL DATE Office / Sales code / Account

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How to fill out limited liability company

01

Choose a name for your limited liability company (LLC). Make sure the name is unique and complies with your state's LLC naming requirements.

02

File the necessary paperwork with your state's Secretary of State office. This typically involves filing Articles of Organization and paying the required filing fee.

03

Create an operating agreement for your LLC. This document outlines the ownership and management structure of your company.

04

Obtain any required licenses and permits specific to your industry or location.

05

Obtain an employer identification number (EIN) from the Internal Revenue Service (IRS). This is necessary for federal tax purposes.

06

Open a business bank account for your LLC to keep your personal and business finances separate.

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Comply with any ongoing requirements, such as filing annual reports or paying taxes, as required by your state.

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Consult with an attorney or tax professional to ensure compliance with all legal and tax obligations.

Who needs limited liability company?

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Small business owners who want personal liability protection for their business debts and obligations.

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Real estate investors or property owners who want to protect their personal assets from potential lawsuits or debts related to their properties.

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What is limited liability company?

A limited liability company (LLC) is a type of business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.

Who is required to file limited liability company?

Owners forming an LLC are required to file the necessary paperwork with the state's secretary of state office.

How to fill out limited liability company?

To fill out the paperwork to form an LLC, owners need to provide information such as the company name, address, registered agent, and purpose of the business.

What is the purpose of limited liability company?

The purpose of an LLC is to provide limited liability to its owners, meaning their personal assets are protected in case the business is sued or goes into debt.

What information must be reported on limited liability company?

Information such as the names and addresses of owners, the business purpose, registered agent information, and any additional required state filings must be reported on a limited liability company.

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