Limited Liability Company

Know More About Limited Liability Company Certificate

Limited liability companies are basically those organizations which may have one or more members. The members of the limited liability company are not liable for any kind of debts incurred by the company even if the company goes bankrupt. They are not liable for any other obligations and liabilities of their limited liability company. Before setting up a limited liability company you have to file an application for the same along with various essential documents and papers required to complete the application process. While filing the application process you should consider various things that are mandatorily required while filing it. All the filings must be presented in duplicate and at least one copy must be originally signed. If the corporations division finds the limited liability company certificate confirming to the law, it will endorse the word 'filed'' and the day, month, year and time of the filing on the certificate.

The certificate of organization should set forth the following: 1. The identification number of the federal employer. 2. The name of the LLC. Most importantly, the name of the limited liability company must contain the words ''Limited Liability Company'' or the abbreviation L.L.C, L.C, or LC. 3. The name of LLC should contain the member or manager's name. 4. The name should not be identical to the name of any LLC earlier registered with the Secretary of State. 5. The street address of the office in the commonwealth at which the records are maintained. 6. The general business character and if the limited liability company is organized for rendering a professional service, the service to be rendered, the name and address of every member rendering the service in the commonwealth. A statement that the limited liability company will abide by and be subject to the provisions of liability insurance company should also be there. 7. The latest date of the dissolution if specified. 8. The address and name of business, of the agents for service of process. 9. The name and address of the business if different from the office area of each member. 10. The registration may include the name and address of the business and any other information the authorized persons want to include therein.

The certificate must be signed by the individual forming the limited liability company. The limited liability company is formed at the time of filing of the certificate of organization with the corporate division or at any later time specified in the certificate of organization. The fee for filing a limited liability company certificate of registration is $500. The above mentioned points should be kept in mind while executing the certificate for your limited liability company.

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