How To Form Llc Tennessee
How to form an llc in tennessee.
How to form llc tennessee. Your company name must end with the words limited liability company or an abbreviation of these words llc l l c limited ltd ltd. You can form a tennessee llc limited liability company yourself by filing the tennessee articles of organization with the secretary of state. Llcs also make filing business taxes easier and enhance your operation flexibility in a partnership if you live or want to do business in tennessee you must submit your llc. For most formation purposes a tennessee single member llc is considered the same as a multi member llc. An llc limits your personal liability for business losses or lawsuits.
How to form a tennessee llc. The cost to create an llc in tennessee is 50 per member minimum of 300 and a maximum of 3 000. The tennessee articles of organization for an llc limited liability company is a legal document to officially form your business. Search your tennessee llc name in the state database designate your registered agent file your llc articles of organization and pay the state filing fee 300. Articles of termination ss 4245 form to terminate an llc.
While a limited liability company can be formed in a few easy steps we always recommend using the services of professionals. An llc limited liability corporation is a flexible and efficient business structure ideal for many new businesses. After your tennessee llc is approved complete your operating agreement obtain a federal tax id number and file your annual report. An llc in tennessee or a limited liability company in tennessee is an efficient flexible business structure that limits your liability to business related lawsuits or losses. You ll be expected to include the name of your llc choose a registered agent list the services your llc will offer and pay the state filing fee.
Follow our free how to start an llc in tennessee guide below to get started today. If you find a business name you want to register but aren t ready to form your llc the tennessee secretary of state to hold the name. Those wondering how to form an llc in tennessee are probably considering setting up a limited liability company in the state and if so they are considering embarking on an involved many step process but one which could ultimately yield very satisfying results. Can i form a single member llc in tennessee. Form to file articles of organization which forms a domestic limited liability company llc.
The steps to form a single member llc in tennessee are the same as those listed above. Forming an llc in tennessee is simple. Tennessee revised nonprofit limited liability company act and revisions to the tennessee revised limited liability company act and tennessee business corporation act effective. Updated june 26 2020.