How to Create a Limited Liability Company (LLC) in QuickBooks
It may consume some time and energy, but it isn’t a difficult task to create a Limited Liability Company or LLC. Not subject to double taxation, the LLC can prove to be a highly beneficial business organization. If you desire to create an LLC, you can follow the guide provided here.
In many cases user doesn't know how to proceed in creating an LLC, in such QuickBooks Enterprise Support helps the customer with tutorials and videos. It may appear to be a lengthy process, but it isn’t so if you closely follow the guidelines.
Steps of The Process for Creating a Limited Liability Company
Selecting a Compliant Name
For this, you are required to follow the rules of the LLC division of the Secretary of State office of your state. The rules may somewhat vary depending upon the state; however, there are some rules that are almost similar in every state. First of all, you need to choose a name that does not already exist as the name of any business.
You can take the help of the website of your state’s Secretary. Again, you are required to be specific in the sense that your name should include LLC or something similar to this at the end. You are supposed to avoid the banned words. You can see the list of the banned words on the states’ website.
Moreover, you have to see to it that your company does not violate any of the federal trademarks. Here as well, you can take the help of the official website of the U.S. Patent and Trademark Office.
Creating articles of Organization and Choosing a Registered Agent
Every LLC is required to create the Articles of Organization depicting the key components. Also, a registered agent must be chosen for legal representation of the company.
Filing with the Secretary of State along with the Fee
You can file with the Secretary of State along with the required amount of the fee. This you can do online.
Receipt of LLC Certificate and EIN
Once filed, you may receive the LLC certificate within 15 to 20 days. You can then apply for EIN or the Employer Identity Number.
Getting Licenses and Creating an Operating Agreement
Once you get the LLC certificated and EIN, you can get licenses or permits and also create an operating agreement.
For further assistance or inquiries related to QuickBooks and related software, you can call our SMB QuickBooks Helpline. at smbaccountants.com. Our SMB QuickBooks Technical Support team has knowledgeable and proficient QuickBooks experts to guide you.
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