limited liability company

How to Form an LLC?

Forming an LLC involves several steps:
1. Choose a Business Name: The name must be unique and comply with state naming requirements.
2. File Articles of Organization: This document is filed with the state and includes basic information about the LLC.
3. Create an Operating Agreement: Although not always required, an operating agreement outlines the management structure and operational guidelines.
4. Obtain Necessary Licenses and Permits: Depending on the business type and location, various licenses and permits may be required.
5. Register for Taxes: Obtain an Employer Identification Number (EIN) from the IRS and register for state and local taxes as necessary.

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