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18C69245LLC12Secretary of State Statement of Information (Limited Liability Company)FILEDIMPORTANT Read instructions before completing this form. In the office of the Secretary of State of the State

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How to fill out limited liability company

01

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

02

File the necessary paperwork with your state's Secretary of State office. This usually involves filing articles of organization and paying a 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 business licenses and permits from your state and local government.

05

Get an Employer Identification Number (EIN) from the Internal Revenue Service (IRS). This is used for tax purposes.

06

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

07

Register for any necessary state and local taxes, such as sales tax or payroll taxes.

08

Obtain business insurance to protect your LLC from liability.

09

Comply with ongoing legal and regulatory requirements, such as filing annual reports and maintaining proper records.

10

Seek legal and accounting advice as needed to ensure compliance and proper management of your LLC.

Who needs limited liability company?

01

Limited liability companies are beneficial for many types of businesses, including:

02

- Small businesses or startups looking for liability protection for the owners' personal assets.

03

- Professionals, such as doctors, lawyers, and consultants, who want to operate their practice with limited personal liability.

04

- Real estate investors who want to hold and manage properties while protecting their personal assets.

05

- Multiple individuals joining together to start a business and share ownership and management responsibilities.

06

- Existing businesses that want to restructure and protect their owners' personal assets.

07

- Freelancers or independent contractors who want to establish a separate legal entity for their business activities.

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What is limited liability company?

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

Who is required to file limited liability company?

LLCs are required to file by the owners or members of the company. They are responsible for all legal and financial obligations of the business.

How to fill out limited liability company?

LLCs can be filled out by following the specific requirements of the state where the company is formed. This usually involves submitting the necessary forms and fees to the state government.

What is the purpose of limited liability company?

The purpose of an LLC is to provide the owners with limited liability protection, meaning their personal assets are protected from the debts and liabilities of the business.

What information must be reported on limited liability company?

LLCs must report information such as the name of the company, the names and addresses of the owners, the purpose of the business, and the registered agent for service of process.

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