STATE-BY-STATE: LLC STARTUP FEES MAPPED OUT ACROSS THE U.S.
- A business name must be unique from any other existing LLC in your state, must indicate that it is an LLC, and must not use words that are restricted by your state.
- The articles of organization document legitimizes your LLC. It includes general information, including the names of the LLC and its members and their personal contact information.
- To run your business legally, there are certain licenses and permits that must be acquired. Regulations are dependent on industry, state and locality. The U.S. Small Business Administration provides resources to help you understand which requirements you must abide by.
- An operating agreement is suggested to multimember LLCs to spell out the details of the business arrangement. Among the recommended information to incorporate is each member’s percentage of ownership, rights and responsibilities.
- Depending on your state, you may need to announce your LLC formation. For more information on this process, contact your state’s business filing office.
- If you want to hire employees, you need to remain compliant with federal and state regulations throughout the recruiting process.