F.A.Q: How do I form an LLC?

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It is easy and inexpensive to form an LLC, but the specific steps of how to do so tend to vary from state to state. As a result, check with your specific state. Typically, the steps include the following:

— Choose a business name that is different from existing LLCs in your state

— File paperwork (Articles of Organization) 

— Pay a filing fee (anywhere from $100 to $800)

— Create an LLC operating agreement (this outlines the responsibilities of each member)

— Appoint a Registered Agent (the person representing the LLC and designated to receive any legal documents relating to a lawsuit)

— Publish a notice of intent to create an LLC (only required in some states)

— Obtain required licenses and permits