Forming an LLC

Create an operating agreement to limit your liability and more.

The basics on what you need to include in this organizational document filed with the state.

Select your state to learn about your state's laws.  

Frequently asked questions about starting and running an LLC, or limited liability company.

Find out how much it costs to form and own an LLC in your state.

Choosing where to form your LLC can sometimes be as perplexing as selecting the best legal structure for your business. Some owners organize their LLCs where they're physically located. Others opt for LLC-friendly states for tax and legal purposes.

A registered agent is someone whom you designate to receive official papers for your business.

Learn how to conduct a business name search in your state.

Some states are considered business-friendly. Other states have restrictions on which businesses you can form. Do you have the option of creating your LLC in one state but operating in another?

An employer identification number, or EIN, is a nine-digit number similar to a Social Security number. It is assigned to a business entity by the IRS. Business entities that are required to file

Before you create your LLC, make sure you have thought through these basic questions.

Changing your LLC's name isn't difficult but make sure you understand the process and the follow up work required.

Find out the rules about minors who want to form or own an LLC for their business.

Manager-management can make sense if some LLC members (such as outside investors or family members) won't take part in decision making.

Is member-management or manager-management the best option for your LLC? The answer depends on whether the owners will be responsible for the day-to-day operations of the LLC.

Owner buyout agreements decide what will happen if an owner wants out.

When does a business need a buy-sell agreement?

You may know you want limited liability, but how do you choose between a Corporation or S Corporation versus an LLC?

Single owner businesses will want to understand the difference between these two business structures.

Learn the differences between an LLC and partnership structure before deciding what entity is best for you.

Take time to weigh the pros and cons of these two different business structures.

You can register a DBA or an LLC to do business under a new name, but only an LLC offers liability protection.

An LLC offers consultants the tax benefits of a partnership with the liability protection of a corporation.

If you own a large rental company and want to limit your liability, consider forming an LLC.

Learn some benefits of having an LLC for your business.

If you own a limited liability company (LLC), you will want to know your state's rules about LLC reporting and tax filing requirements. Many states require LLCs to file an annual report and pay an annual tax or fee. Penalties for failing to file a report or pay required taxes can be steep.

Here is an overview of what you need to do to form an LLC.

A comprehensive 50-state guide to each state's requirements for forming an LLC.

Learn the rules in your state about SMLLCs, charging orders, and personal liability protection.