5 Steps To LLC Registration

1
(No Transcript)
2
5 Steps To LLC Registration
3
1 Choose A Business Name

• The limited liability company, or LLC, has become
  an increasingly popular business structure in
  recent years. If youre thinking about forming
  your own LLC, its important to take the
  necessary steps to register with the appropriate
  state authority and understand all of the legal
  requirements surrounding the registration and
  operation of your business entity before you
  begin doing any work as an LLC. This guide will
  help you learn about the five steps to LLC
  registration so that you can proceed confidently
  with your new business endeavor.

After youve chosen a name, its time to register
your businessunless you already have an LLC.
Depending on where you are in the world, there
are different requirements and forms. Some
locations require that you list your business
with their local chamber of commerce or
department of trade and industry. Once thats
done, you can begin registering as an LLC with
your state or national government, depending on
where you plan to operate your company.
4
2 File Articles Of Organization

• In most cases, you need to file articles of
  organization and pay a small fee. If youre
  looking for more information about LLC
  registration, visit our LLC registration page for
  additional resources.

Once youve decided on your LLC name, registered
it as a fictitious business name, and reserved a
domain name for your site (if you need one), its
time to file articles of organization. Youll
need to fill these with your secretary of state
or equivalent. It will cost a few bucks. The
paperwork is pretty standardyou provide
information about yourself and your LLC,
including its purpose and location. LLC
registration rules vary by state, so be sure to
check your local requirements. Most states
require businesses to have an operating agreement
in place before they can register their LLC. An
operating agreement is essentially a contract
between all owners that spells out how theyll
operate their company. If you dont have an
operating agreement, consider creating one before
filing your articles of organization if you do
have an operating agreement, make sure it
reflects any changes since it was created.
5
3 Obtain Taxpayer Identification Number (EIN)

• Before you can register your LLC, you need a
  Taxpayer Identification Number (or EIN). When it
  comes to taxes, an LLC will be considered a
  separate entity from you, so even if its just
  you running things right now, make sure you
  obtain an EIN in your name. Most online tax
  services will help walk you through applying for
  your Taxpayer Identification Number. Most are
  free and take just a few minutes. Once you have
  your EIN, youre ready to register your business.

4 Open A Business Bank Account
Youve registered your LLC, but now you need
somewhere to deposit all that cash. Most banks
have different requirements for opening business
accounts (some might even require a business tax
ID number). Make sure you call ahead and ask what
your options are.
6
5 Get Insurance

• Once youre set up with an account, make sure it
  has enough funds to cover your startup costs
  otherwise, it wont be of much use. We recommend
  starting small and working your way up as you
  gain more clients. After all, if you start with a
  big balance in your account, chances are youll
  want to spend it before it dries up!

If you are registering a new business, consider
getting general liability insurance. This type of
insurance covers your legal responsibility for
bodily injuries or property damage that result
from your business operations. While most states
do not require LLC to carry any specific kind of
coverage, doing so can help protect your assets
in case an employee is injured on your property
or one of your customers sues over an unpaid
invoice.
7
Contact Us

• Address - 710 Buffalo St. Ste. 802 Corpus
  Christi, Texas 78401
• Email - info_at_foreseeableresourcegroup.com
• Phone - [phone]
• Website - https//foreseeableresourcegroup.com
• Blog https//foreseeableresourcegroup.com/5-steps
  -to-llc-registration/