Planning to start a business in Washington? Forming an LLC helps protect assets and provides flexibility. You just need to choose the right name, appoint a registered agent, file the paperwork, and stay compliant. It’s simpler than you think, but don’t miss key steps like compliance and naming. Here’s where to start
Selecting the Right Name in Washington
Begin by searching the Washington Secretary of State’s online database to ensure your proposed name is available. Your LLC’s name must include “Limited Liability Company,” “LLC,” or “L.L.C.”.
Refrain from using words that could mislead or suggest official affiliation. Refrain from using prohibited terms like “bank” or “trust,” unless formal authorization.
Hold your name if you’re not ready to register immediately; you can reserve it for a maximum of 180 days with a small fee.
Choosing a Registered Agent in Washington
You must choose a registered agent who serves as your LLC’s official point of contact.
Your representative needs a physical address in Washington—PO Box addresses are not accepted.
It's possible to act as your own agent, use a registered agent service, or designate someone you trust.
Ensure your someone is dependable and available during business hours to accept important notices.
How to File the LLC Formation Document in Washington
After you’ve designated your official agent, the next step is to file the Articles of Organization with the state government.
You can complete it online or by mail.
It requires information such as: the name, main address, agent’s information, and the names of the LLC.
Review the information to avoid mistakes. electronic submission is processed quicker.Remit the cost—$200 online or $180 by mail.
Once accepted, you'll receive a official certificate certifying your LLC’s legal existence.
Creating Your LLC Operating Rules
Although Washington does not mandate LLCs to have an operating agreement, this document is a smart step to define members’ shares, roles, and loss sharing methods.
Additionally aids in preventing disputes and provides clarity on operating procedures.
Even if you operate alone, drafting an agreement provides legitimacy and protects get more info your assets. You may use a template or write your own to fit your company needs.
Make certain owners endorse the document to bind everyone’s roles.
Completing Final Steps and Ongoing Compliance
Once your LLC is, you must manage recurring obligations to stay in good standing.
File an Annual Report with the state agency and remit the nominal fee.
Obtain an Employer Identification Number from the IRS for federal purposes.
Open a business checking account to manage your personal and business finances separate.
Apply for state licenses if required for your business type.
Keep track of deadlines to file reports and modify your records to avoid penalties and business closure.
Final Tips
Creating your LLC in Washington is straightforward if you adhere to these steps. Pick a distinctive name, appoint a reliable registered agent, submit your formation documents, and draft an operating agreement. Keep up with your yearly filings and compliance to keep your LLC in proper standing. Begin your successful business in Washington today!
Comments on “How to Start an LLC in WA”