Can an LLC Own Another LLC in Missouri?

Because they offer owners limited liability protection and flexibility in management and taxation, Limited Liability Companies (LLCs) are widely used as commercial structures. The practice of LLCs owning other LLCs is referred to as a holding company structure. But in Missouri, can one LLC acquire another LLC? The quick response is yes. An LLC may possess another LLC in Missouri. Companies that seek to divide their operations into several businesses or safeguard assets from potential liabilities frequently use this strategy. But there are some financial and legal repercussions to take into account.

In accordance with Missouri Revised Statutes (RSMo), LLCs are permitted to own and manage corporations, partnerships, sole proprietorships, and other LLCs. An LLC is allowed to own any kind of entity, but each one needs to have its own operating agreement and tax identification number. Use the following format to reference Missouri Revised Statutes: RSMo [Title of Act], [Section Number], ([Year]). For instance, use RSMo 347.010, Limited Liability Company Act (2013) to mention Missouri’s LLC Act.

Let’s now address some related queries. Do I Need a Registered Agent in Missouri for My LLC? Yes, a registered agent is necessary for each LLC in Missouri. A registered agent is a person or organization chosen to receive legal and tax correspondence on the LLC’s behalf. The registered agent must be readily accessible during regular business hours and have a physical address in Missouri.

You must submit Articles of Organization and pay a $50 filing fee to the Missouri Secretary of State in order to establish an LLC there. Online or mail-in filing is an option. Depending on how quickly you need your LLC to be formed, you can pay an extra $25 or $50 for expedited processing. Can I Work for Myself as a Registered Agent in Missouri?

If you meet the conditions, you are allowed to serve as your own registered agent in Missouri. You must have a Missouri physical address where important documents like tax returns and legal papers may be delivered during regular business hours. Additionally, you must be accessible to receive these materials. Remember that choosing a reputable registered agent service can offer convenience and privacy.

As a conclusion, an LLC may possess another LLC in Missouri, but it’s crucial to abide by all applicable laws and regulations. An LLC must have a registered agent, and establishing one in Missouri must cost at least $50. If you meet the qualifications, you can serve as your own registered agent, although employing a professional service can be advantageous. Use the following syntax when citing Missouri Revised Statutes: RSMo [Section Number], [Title of Act] ([Year]).