{"id":3966,"date":"2022-05-16T09:43:48","date_gmt":"2022-05-16T09:43:48","guid":{"rendered":"https:\/\/michaelleander.me\/?p=3966"},"modified":"2022-05-16T09:43:51","modified_gmt":"2022-05-16T09:43:51","slug":"4-documents-to-prepare-if-you-want-to-form-an-llc","status":"publish","type":"post","link":"https:\/\/michaelleander.me\/4-documents-to-prepare-if-you-want-to-form-an-llc\/","title":{"rendered":"4 Documents To Prepare If You Want To Form An LLC"},"content":{"rendered":"\n

Deciding on a business setup is one of the biggest decisions that a newbie entrepreneur has to make. <\/p>\n\n\n\n

There are personal, legal, and tax implications for every business structure, and picking the most suitable one given the nature of your business can be a tricky process. <\/p>\n\n\n\n

For instance, sole proprietors are taxed differently and may have more personal liability than those in limited liability companies, LLCs, or corporations.\u00a0<\/p>\n\n\n\n

For this reason and many others, LLC is one of the more popular business structures adapted by startup companies. <\/p>\n\n\n\n

If you’re on your way to fulfilling your entrepreneurial wishes, read on as we run you through the essential documents you must have to hand in before your LLC registration.<\/p>\n\n\n\n

Before revealing the list, it’s important to note that states have varying requirements for LLC registration or any business. <\/p>\n\n\n\n

For instance, some may require additional documents for business applicants to be more specific when answering the forms.\u00a0<\/p>\n\n\n\n

If you want to know more about starting an LLC and how it works, check out StartFiling<\/a> and the local secretary of state’s website where you wish to file your application.<\/p>\n\n\n\n

Name Reservation Application<\/strong><\/h2>\n\n\n\n

Choosing a business name is essential before forming any business. Make sure that your establishment’s name is unique by running a business name search on the state secretary’s website.<\/p>\n\n\n\n

States also have distinct rules in accepting business names.<\/p>\n\n\n\n

Apart from performing a business name search, you must check your state’s list of restricted and prohibited words and avoid using them in your trade name. <\/p>\n\n\n\n

While not mandatory, you can reserve your business name while learning crucial business skills<\/a> or while your LLC registration is in process.\u00a0<\/p>\n\n\n\n

With that out of the way, let’s proceed to the documents you need to establish a limited liability company. <\/p>\n\n\n\n

1. Articles Of Organization<\/strong><\/h3>\n\n\n\n

While states have different requirements, they will always ask business owners to present their articles of organization, also known as certificate of formation or certificate of organization.<\/p>\n\n\n\n

Forms are usually available for download on the local state secretary’s website.\u00a0<\/p>\n\n\n\n

As a business owner, you’ll be required to make at least two copies: one for the state to keep and another for the business’s files. <\/p>\n\n\n\n

States will require different details in the document but you generally have to include the following information:\u00a0\u00a0\u00a0\u00a0<\/p>\n\n\n\n