The DC Department of Consumer and Regulatory Affairs (DCRA) must receive your articles of organization if you want to set up a limited liability corporation (LLC) there. The legal documents known as the articles of organization establish the existence of your LLC and include some fundamental details about your company. How to obtain articles of organization in DC is as follows:
Select a Name for Your LLC in Step 1 Choosing a name for your company is the first step in founding an LLC in DC. The name of your LLC must be original and not being used by another company in DC. The DCRA’s online Corporate Name Availability Search tool allows you to determine whether your selected name is available. By submitting a Name Reservation Request to the DCRA after selecting a name, you can reserve it for up to 120 days.
Step 2: Write and submit the articles of incorporation After reserving the name of your LLC, you can write your articles of incorporation. The names and addresses of your LLC’s members or managers, as well as your LLC’s name, address, registered agent, and other essential information, must all be included in these forms. On the DCRA website, you can download a sample article of organization form that you can use as a reference. Once your articles of organization are ready, you can submit them electronically or by mail to the DCRA along with the necessary filing fee.
Get an EIN from the IRS in step three. You must request an Employer Identification Number (EIN) from the Internal Revenue Service (IRS) after forming your LLC. If you intend to hire staff members or create a business bank account, you must provide this number, which is used to identify your LLC for tax purposes. On the IRS website, you can submit an online application for an EIN. How Much Does an LLC Cost in Washington, DC? Several variables, such as whether you submit electronically or by mail and if you select expedited processing, affect the price of incorporating an LLC in DC. Articles of organization filing costs are $220 for online submissions and $240 for paper submissions as of 2021. Processing more quickly is possible for a cost. Which Is Better: LLC or Sole Proprietorship? Limited liability protection, pass-through taxation, and more managerial freedom are just a few benefits LLCs have over sole proprietorships. However, your particular business needs and objectives will ultimately determine whether you choose an LLC or a sole proprietorship. The appropriate business structure for you might be determined by speaking with an accountant or lawyer. How can I obtain articles of incorporation in Virginia? Virginia’s process for obtaining articles of organization is comparable to that in Washington, DC. A name for your LLC must be decided upon, articles of incorporation must be written and submitted to the Virginia State Corporation Commission, and you must receive an EIN from the IRS. As of 2021, the cost to file articles of organization in Virginia is $100.