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Create an LLC in 5 Steps

Jan 12, 2022

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TLDR:

Step 1: Request to Set Up a New LLC

1. Go to the Secretary of State website for your specific state.

2. Choose a name for your LLC. Ensure it’s unique and not already in use by searching the business name database on the website.

3. File the Articles of Organization. Fill out the required information, including the name of the LLC, the registered agent, and your address.

4. Submit your filing and pay the fee. The approval process usually takes about 24 hours.

Step 2: Obtain an EIN from the IRS

1. Go to the IRS website and apply for an Employer Identification Number (EIN).

2. Fill out the application with your LLC information. This process takes about 30 minutes.

3. Receive your EIN confirmation immediately upon completion of the application.

Step 3: Confirm with the Secretary of State

1. Wait for the confirmation from the Secretary of State about the approval of your LLC filing.

2. Ensure all documents are correctly filed and approved.

Step 4: Set Up a Business Bank Account

1. Take all your documents (Articles of Organization, EIN confirmation) to your chosen bank.

2. Open a business bank account in the name of your LLC.

Step 5: Create an Operating Agreement

1. Draft an operating agreement. This document outlines the management structure and operating procedures of your LLC.