Limited Liability Company Filing

Things To Know About Limited Liability Company Filing

There are certain procedures to be followed while filing an application for setting up a limited liability company. There are certain rules and formalities which have to be formalized before a limited liability company can be set up. Before setting up the limited liability company you have to register it with the secretary of the state. You have to decide the name of the company and confirm that the name is different from any business companys name earlier registered with the secretary of the state. The schedule of the fee to be paid covers the fee for filing the documents required for the limited liability company with the Department of State's division of corporations as well as the fee for copies of filed documents, services of the process, certificates, under seal, name availability and reservation of the name. All the fees must be paid either in cash, money order or check. Always remember that the filing receipts, certificates, copies and responses to availability of name requests will be sent to you by mail. It is to be known before hand that limited liability company filing is really essential in order to successfully set up a LLC.

Formation of the limited liability company requires the filing of various necessary documents and other papers with the secretary of the state and paying the stipulated fees. The original and one copy of the Articles of Organization, a completed transmittal form 231, and $100.00 filing fee should be mailed to the Corporate Division. Checks should payable to the Secretary of the State. Articles are effective on the date received by the Corporations division unless a post effective date is specified therein. A Certificate of Organization will be mailed to the applicant basically within the next 5 to 7 business days. Workload issues will sometimes result in a longer turnaround time, probably up to 12 business days. Filings that are not complete will be returned to the applicant along with a notice describing the defects, errors and deficiency in the filing of the documents. If corrected and returned within 60 days the initial date of receipt will be the date of formation.

Also every limited liability company must file an annual registration with the Secretary of the State. The changes to the LLC address or registered agent are made by filing another registration and paying the required fees. A LLC that does not submit its annual registration is subject to administrative dissolution. There is an additional$100 fee apart from the due registration fees, to reinstate an administratively dissolved LLC.

There is a rule to submit the articles. Articles must be submitted on white 8 \'bd * 11 paper. The articles of the organization may be signed by any member of the limited liability company. A limited liability company filing all the necessary documents and other essential papers can soon proceed to realize numerous benefits and advantages.