With LLC- Make Profit and Avoid Taxation

The “owners” of an LLC are called “members.” Depending on the state, members can consist of a single individual (an owner), two or more individuals, corporations, or other LLCs.

TO CREATE AN LLC FOLLOW THE STEPS BELOW

STEP 1 – CHOOSE THE NAME

Do some research to ensure that the name you choose is suitable for your business and is easily searchable by potential customers.

Follow the naming guidelines: Your business name should contain the words Limited Liability Company or the abbreviation LLC or LLC. Restricted words require additional documentation (e.g., Banc, Bank, Banque, etc.) and/or licensed persons (e.g., Doctor, Engineer, etc.). To be part of the LLC.

Is the name available?

Make sure the name has not already been taken by doing a name search on the website.

Is the name available for a web site of your business? Check if your LLC name is available on the web so you can reserve your domain name online. Even if you don’t plan on creating a website today, you may want to buy the domain name to prevent others from acquiring it and then trying to sell it to you.

An email address (email) for your business is also something to consider when choosing a name. Having an email address with your business’s name gives more prestige and seriousness to your business. Your future clients will choose you when making a decision.

SELECT A REGISTRATION AGENT

You are required to appoint a Registrar Agent for your LLC

What is a Registrar Agent? A registrar is a person or company designated by your company to officially receive and send documents on your behalf, including annual state filings.

Who can be a Registered Agent?

The top LLC formation services in 2021 authorized to do business. You can also choose an individual within the company, including yourself.