Although the requirements for forming an LLC vary from state to state, the process usually follows this general sequence:
1. Select Business Name and Address
A business name and address are the first items needed to start a limited liability company. The name needs to be unique and not in use by another business within your state, while the address must be for a physical location, even if it’s your home office address.
2. Acquire Formation Document From the State
The next step is to get a formation document from your Secretary of State’s office. The documents inside a formation vary by state, but they generally include an article of organization, a resolution, and an agreement.
3. Complete the Formation Document and File With the State
Lastly, you must fill out all the forms needed to form an LLC and file them with the responsible agency for processing. Ensure you include details about a registered agent, who will be in charge of receiving official documents on behalf of your business. Once the appropriate fees are paid, the company ownership of the LLC transfers to you, and you can start trading.