You must be informed of Tennessee’s legal requirements for forming and operating a Limited Liability Company (LLC) if you intend to do so. The appointment of a registered agent for your business is among the procedures that are most crucial. A registered agent is a person or a firm that has been given permission to accept legal notifications and other crucial papers on your company’s behalf.
All LLCs in Tennessee are required to have a registered agent. A Tennessee resident or a company with a valid business license is required to serve as the registered agent. The registered agent must have a physical Tennessee street location where they can pick up critical documents like legal notices during regular business hours.
So why is it crucial for your Tennessee LLC to have a registered agent? The biggest benefit is that it makes sure your business always complies with state legislation. Your limited liability protection could be lost if your business is out of compliance, which could put your personal assets at risk if your business runs into legal problems.
You must meet other legal requirements in addition to having a registered agent in order to register your LLC in Tennessee. Articles of Organization must be submitted to the Tennessee Secretary of State along with the proper fees, licenses, and permits.
You should obtain your LLC certificate of registration in 7–10 business days if you meet all the legal criteria. The processing time could change, nevertheless, based on the workload of the Secretary of State’s office.
Next, let’s discuss how to register your firm name as a trademark in Tennessee. By submitting a trademark application to the US Patent and Trademark Office (USPTO), you can register your business name in Tennessee. This can be done by mail or online through the USPTO website. To make sure that your application is submitted correctly and to stay clear of any potential legal concerns, it is advised to enlist the aid of a trademark lawyer.
You must pick a name for your firm that is distinct and hasn’t been taken by another organization operating in Tennessee. On the Tennessee Secretary of State website, you can look up available company names. Additionally, it is a good idea to run a trademark search to make sure that no one else has previously registered your business name as a trademark.
And finally, how can you tell if a company is IRS-registered? You can look up information in the Exempt Organizations Select Check (EO Select Check) database on the IRS website. Information on groups that qualify for tax-deductible charitable contributions can be found in this database. A company will appear in this database if it is IRS-registered.
In conclusion, you must designate a registered agent to ensure compliance with state rules if you intend to form an LLC in Tennessee. In addition, you must comply with all further legal procedures, such as submitting your articles of incorporation and acquiring all required licenses and permits. To further safeguard your organization, you should pick a distinct company name and register a trademark for it. Finally, you can check the EO Select Check database to see if a company is registered with the IRS.
You can submit an application by phone, mail, fax, or online through the IRS website to obtain an EIN number in Tennessee. The procedure is easy and cost-free. An EIN number is required if you have workers or more than one person, but if you are a single-member LLC, you can use your own Social Security Number (SSN) instead.