LLC Formation

Does NY Require an Operating Agreement for an LLC?

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Does NY require an operating agreement for an LLC? Unlike most states, New York’s LLC law requires LLC members to adopt a written operating agreement. The Operating Agreement may be entered into before, at the time of, or within 90 days after filing the Articles of Organization. Read more on www.nolo.com You might be asking … Read more

Can an LLC have Unissued Units?

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Can an LLC have unissued units? An LLC can work according to whatever operative language its owners want, but it is usually expressed in terms of percentages or units, and sometimes the word shares is used in place of units. Unlike corporations, LLCs do not typically have authorized but unissued units. Read more on www.quora.com … Read more

Choosing the Best LLC for Your Business: A Comprehensive Guide

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What LLC is best for me? We chose LegalZoom because they offer easy-to-use online LLC filing services for a reasonable cost. LegalZoom is a large, recognized name in online legal services and earns our top spot as the best LLC filing company for online businesses. LegalZoom is our winner thanks to its low-cost option for … Read more

Can You Change an LLC to a Series LLC?

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Can you change an LLC to a series LLC? Yes, an existing LLC can be converted to a series LLC. The process varies by state, depending on whether the jurisdiction recognizes series LLCs. Read more on info.legalzoom.com Due to the liability protection they provide for their owners, Limited Liability Companies (LLCs) are a common type … Read more

Do I Need a Registered Agent for My LLC in Arkansas?

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Do I need a registered agent for my LLC in Arkansas? The State of Arkansas requires all businesses to designate a registered agent so that the State has a reliable means of contacting corporations, LLCs and other entities. Every Arkansas registered agent must maintain a physical street location and keep regular business hours. Read more … Read more

Choosing a Title for Your LLC

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What should my title be for LLC? The two most important titles to keep in mind within the context of an LLC are members (in a member-managed LLC) and managers/managing members (in a manager-managed LLC), as these two titles indicate who has the duties and obligations of the management of the company as well as … Read more

Series LLC Texas: Everything You Need to Know

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What is a series LLC Texas? A series LLC in Texas is a special type of LLC that provides specific liability and tax benefits to its owners and members. The series LLC consists of a master LLC and one or more individual series that branch off from it. Starting your own Series LLC in Texas … Read more

Can LLC Principal Address be PO Box?

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Can LLC principal address be PO box? If you’re an LLC or a corporation, you are not allowed to use a PO Box as the physical address you list on your business license. So be sure to ask the postal service for a real address rather than a PO Box. Read more on quickbooks.intuit.com The … Read more

How Much Does a Series LLC Cost in Illinois?

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How much does a series LLC cost in Illinois? The standard filing fee for an Illinois LLC Annual Report is $75.00. For a Series LLC with active series, that $75.00 fee is increased by $50.00 for each established series. This reduced fee of $50.00 provides another benefit to organizing as a Series LLC. Read more … Read more