How to Start an LLC in WA
How to Start an LLC in WA
Blog Article
Planning to start a business in Washington? Forming an LLC helps protect assets and provides flexibility. You just need to choose the right name, appoint a registered agent, file the paperwork, and stay compliant. It’s simpler than you think, but don’t miss key steps like compliance and naming. Here’s where to start
How to Pick Your LLC Name
First, checking the Washington Secretary of State’s online database to ensure your proposed name is available. Your LLC’s name must contain “Limited Liability Company,” “LLC,” or “L.L.C.”.
Stay away from misleading words or suggest government ties. Don’t using prohibited terms like “bank” or “trust,” unless formal permission.
Hold your name if you’re not ready to register immediately; you can maintain it for up to 180 days with a small charge.
Designating Your Registered Agent
You must designate a registered agent who serves as your LLC’s official point of contact.
Your representative must have a physical location in Washington—PO Box addresses are not accepted.
You can be your own registered agent, hire a professional company, or designate someone you trust.
Ensure your someone reliable and available during business hours to accept important notices.
How to File the LLC Formation Document in Washington
After you’ve designated your registered agent, your next move is to submit the Certificate of Formation with the Washington Secretary of State.
It's available to fill out it online or by mail.
You’ll need information such as: the name, principal address, registered agent’s information, and the names of the LLC.
Double-check the details to prevent delays. Online filing is processed faster.Pay the filing fee—$200 online or $180 by mail.
Once accepted, you'll receive a official certificate certifying your LLC’s legal formation.
Drafting an Operating Agreement
Although Washington doesn't require LLCs to draft an operating agreement, it’s highly recommended to outline ownership, management, and profit distribution methods.
It also aids in avoiding disputes and gives transparency on decision-making processes.
If you run alone, creating an agreement adds credibility and helps your limited liability. You can download a sample or create a custom version to tailor your company needs.
Ensure all members sign the document to confirm everyone’s responsibilities.
Post-Formation Responsibilities
After forming your LLC, you must manage recurring requirements to stay in good standing.
File an yearly report with the state agency and remit the small read more fee.
Secure an Employer Identification Number from the IRS for federal purposes.
Open a business checking account to manage your personal and business finances separate.
Apply for state licenses if required for your industry.
Keep track of due dates to file reports and modify your records to avoid penalties and business closure.
Summary
Creating your LLC in Washington is straightforward if you adhere to these steps. Choose a distinctive name, designate a trustworthy registered agent, submit your articles documents, and draft an operating agreement. Keep up with your yearly filings and compliance to maintain your LLC in good standing. Begin your successful venture in Washington today! Report this page