From the course: Running a Web Design Business: Defining Your Business Structure
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Filing the Articles of Organization
From the course: Running a Web Design Business: Defining Your Business Structure
Filing the Articles of Organization
In this video I'll show you how to file the articles of reorganization for an LLC business structure. The articles of organization are a simple document that summarizes the key information about the LLC. While articles of organization is the most common name, some states might call this document a certificate of organization, or a certificate of formation. Once you file the articles with your state and they get approved, your LLC is officially formed. It's important to understand, that in most states, the year after the articles of organization are filed, an LLC must file an annual report or statement of information to maintain active status. Penalties for not filing and paying the annual report are very strict. There's usually a fee involved, and in some states the LLC can be terminated by the state. The specific requirements for LLC articles of an organization vary from state to state. But it generally includes the LLC business name, business address, owners or member names and…
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Contents
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(Locked)
Getting started with a name for your LLC2m 52s
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Filing the Articles of Organization3m 53s
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Creating an operating agreement1m 10s
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Obtaining local licenses or permits1m 10s
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Applying for a city business tax receipt5m 47s
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Applying for a county business tax receipt2m 37s
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Understanding tax election for LLCs5m 30s
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Applying for an Employer Identification Number (EIN)4m 5s
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Opening a business bank account1m 58s
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Understanding state tax obligations57s
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Understanding federal tax obligations2m 2s
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