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What are the requirements to become a LLC?

Basic Requirements. While state laws vary, the only requirement for forming an LLC is that the person organizing, or starting, the LLC be of the age of majority, which is typically 18 years old. Almost all states have abolished residency requirements, which required a person to be a state resident in order to form an LLC in that state.

What are the steps to starting a LLC?

Take these steps to form a limited liability company, or LLC. 1. Choose an LLC name. 2. File articles of organization. 3. Create an LLC operating agreement. 4. Publish a notice (AZ and NY only). 5. Obtain licenses and permits. 6. Retain your limited liability.

What documents are required to become a LLC?

The 3 Must-Have Documents for an LLC Your Business Name. ... Business Purpose Principal Place of Business Registered Agent: This is the entity or individual who will receive official papers and legal documents on your behalf, including documents related to lawsuits.

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