Can You Change LLC Name in NJ?

Can you change LLC name in NJ?
New Jersey LLCs can change their business name by amending their Articles of Organization. Filing a NJ Alternate Name may also be an option if you wish to keep the same legal name for the LLC, but wish to operate using a second name.
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You may desire to rename your LLC in New Jersey for a variety of reasons as a business owner. Perhaps you want to give your company a more distinctive name since you’ve renamed your product or service. Whatever the reason, New Jersey allows you to rename your LLC. What you need to know is as follows:

How to Modify the Name of Your LLC in New Jersey

You must submit a Certificate of Amendment to the New Jersey Division of Revenue and Enterprise Services in order to change the name of your LLC there. This form, which can be submitted online or by mail, asks for the current name of your LLC, the new name you want to use, and the explanation for the change.

Your LLC’s name will be modified in the State of New Jersey’s records once the Certificate of Amendment has been submitted and the filing fee has been paid. Additionally, you must change the name of your LLC with the IRS, banks, suppliers, and any other organizations you do business with.

New Jersey Business Owner Removal

You must adhere to the procedures specified in your LLC’s operating agreement if you need to remove a company owner from your LLC in New Jersey. You must refer to New Jersey’s LLC Act if your operating agreement doesn’t handle this matter.

A written agreement between the parties and a vote of the other members of the LLC are often required to remove a business owner from an LLC. The manager of an LLC may have the power to dismiss a member if the LLC is overseen by a manager. Domestication of LLC in New Jersey According to New Jersey law, LLCs created in other states are permitted to “domesticate” there. A certificate of domestication must be submitted through this procedure to the New Jersey Division of Revenue and Enterprise Services. You can benefit from New Jersey’s business-friendly environment by domesticating your LLC there. A Registered Agent for Your LLC: Your Options

An LLC must have a registered agent in New Jersey. This individual or organization is in charge of receiving court summonses and other legal papers on behalf of your LLC.

You should pick a dependable and trustworthy person to serve as your LLC’s registered agent. Being your own registered agent is an option, but bear in mind that doing so necessitates being accessible during business hours, which might not be feasible. Are Registered Agents Necessary for LLCs?

Yes, registered agents are necessary for LLCs in New Jersey. In order to receive legal documents on behalf of your LLC, this person or organization must have a physical address in New Jersey and be accessible during regular business hours.

In conclusion, you can file a Certificate of Amendment in New Jersey to change the name of your LLC. Refer to your operating agreement or New Jersey’s LLC Act for details on how to terminate a business owner. Domestication of an LLC is permitted in New Jersey, and you should pick a trustworthy registered agent for your LLC.

FAQ
Do you need a certificate of good standing in NJ?

Yes, to alter the name of your LLC in New Jersey, you need a Certificate of Good Standing from the Division of Revenue and Enterprise Services. The certificate attests to the fact that your LLC has satisfied all state obligations, including paying taxes and fees. You might not be able to rename your LLC without a Certificate of Good Standing.

One may also ask does an llc file a 1065 or 1120?

Depending on how it is taxed, an LLC must file a specific kind of tax return. The LLC must submit Form 1065 if it is taxed as a partnership. The LLC must submit Form 1120 if it is taxed as a corporation.

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