Forming an LLC in DC: Everything You Need to Know

Forming a limited liability corporation (LLC) is one of the first steps you must take if you want to launch a business in the District of Columbia. An LLC is a type of business organization that combines partnership tax advantages with corporate liability protection. The good news is that creating an LLC in DC is a rather simple procedure.

You must do the following actions in order to create an LLC in DC:

First, decide on a name for your LLC. Your business name must be original and not being used by another DC company. 2. Submit your articles of incorporation to the DCRA (Department of Consumer and Regulatory Affairs) in Washington, DC. This document contains the fundamental details about your company, including its name, address, and registered agent’s name.

3. Ask the IRS for an EIN. You’ll require an EIN, also known as a tax identification number, in order to create a bank account, hire staff, and file taxes. Register with the DCRA to get a business license. You might also need to apply for extra licenses and permits, depending on the nature of your firm. What is an LLC Series in Washington, DC?

A type of LLC called an LLC series enables the creation of many “series” within of a single LLC. It is a popular option for firms looking to separate their assets and reduce their obligation because each series has its own assets, liabilities, and members. LLC series may be created in DC, but they must register with the DCRA.

You must register with the DCRA if your LLC is situated in Washington, DC. If your LLC is headquartered outside of Washington, DC, but you intend to conduct business there, you must register with the DCRA as a foreign LLC. Is There a Secretary of State in DC?

In DC, there isn’t a Secretary of State. Instead, all business registrations and filings are handled by the DCRA.