Frequently Asked Questions
What are the laws for establishing a limited liability company in different states?
Establishing a Limited Liability Company (LLC) involves distinct laws in each state. Generally, you need to file a document known as the articles of organization with the Secretary of State. This document includes basic information about your business such as the official legal name, address, and the name and contact information of your registered agent. The registered agent is authorized to accept legal service of process for your LLC. Some states require LLCs to file an annual or biannual informational document to remain an active business entity. Non-compliance with state regulations can lead to administrative actions, including dissolution. This can occur if state-required reports are not filed, such as California's statement of information and Texas's franchise tax report. All states require companies to file an annual report, which includes the legal name of the company, office address, registered agent information, and a list of members, managers, directors, or officers. Failure to submit this report can lead to dissolution.
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