Frequently Asked Questions

What is the process for reserving an LLC name and how long does the reservation typically last?

The process of reserving an LLC name involves several steps. Firstly, it's crucial to ensure that your chosen LLC name adheres to legal standards. This means it must be the same legal name filed on your Articles of Incorporation or Articles of Organization, include terms like Limited Liability Company, LLC, or Ltd. Liability Co., and not contain restricted words such as bank, insurance, corporation, or incorporated. Next, you need to ensure that your LLC name is completely distinguishable from any other business name authorized to do business in your state. To verify this, you can perform a search of your state's business entity database. If your chosen name is available, it's important to note that until you file your Articles of Organization and they're accepted, someone else can choose the same name. To prevent this, you can file to reserve the name with the state. Most states allow name reservation for a specified period, often between 60 and 120 days, to give you time to form your LLC. If you're planning to expand your LLC to other states, it's advisable to reserve your name in those states as well.