The legal documents known as the articles of organization are what create an Indiana limited liability company. Name, purpose, registered agent, management structure, and other crucial information about the LLC must all be included in this document. In order to legally create an LLC in the state of Indiana, articles of incorporation must be submitted to the Secretary of State’s office.
No, an LLC and articles of organization are not the same. An LLC is a particular kind of commercial entity, and the legal documents that give rise to an LLC are called articles of organization. An LLC offers its owners tax freedom as well as liability protection. You can start running your business as an LLC as soon as you file articles of formation and your LLC is approved. How Much Does It Cost to File Organizational Articles in Indiana?
In Indiana, submitting articles of incorporation costs $95. This fee must be paid to the Indiana Secretary of State’s office along with your organization’s articles of incorporation. This charge can be paid online or by check. You can pay an extra $50 for 24-hour processing or $100 for same-day processing if you require expedited processing.
You must do the following actions in order to register an LLC in Indiana:
1. Pick an LLC name that is distinct and isn’t in use in Indiana. 2. Choose a registered agent to accept legal documents on your LLC’s behalf. 3. Submit the articles of incorporation and pay the $95 filing fee to the Indiana Secretary of State’s office. 4. Acquire all licenses and permits required for operating your business in Indiana. 5. Draft an operating agreement outlining the ownership and management of your LLC.
6. To use for tax purposes, get an EIN (Employer Identification Number) from the IRS.
In conclusion, establishing an LLC requires getting articles of incorporation in Indiana. The above-mentioned steps will enable you to formally create your company and start functioning as an LLC. When submitting your articles of organization, keep in mind to carefully analyze your LLC’s management structure, mission, and other crucial aspects.
Yes, single-member LLCs are accepted in Indiana. In fact, Indiana sees the highest formation of single-member LLCs than any other state. Single-member and multi-member LLCs use the identical Articles of Organization procedure.