How to Create an LLC in Washington
How to Create an LLC in Washington
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
Selecting the Right Name in Washington
Start by checking the Washington Secretary of State’s website to ensure your proposed name is not already taken. Your LLC’s name must include “Limited Liability Company,” “LLC,” or “L.L.C.”.
Stay away from misleading words or suggest official affiliation. Don’t using restricted terms like “bank” or “trust,” unless special permission.
Hold your name if you’re not ready to register immediately; it's possible to maintain it for a maximum of 180 days with a nominal charge.
Appointing a Registered Agent
You must designate a registered agent who acts as your LLC’s legal address.
The representative needs a physical address in Washington—P.O. Box addresses are not accepted.
You can act as your own agent, use a registered agent service, 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 official agent, the next step is to file the Articles of Organization with the state government.
You can complete it online or by mail.
You’ll need information such as: the name, main address, agent’s information, and the names of the LLC.
Review the information to avoid mistakes. Online filing is processed faster.Pay the filing fee—$200 online or $180 by mail.
After approval, you'll receive a stamped document confirming your LLC’s official formation.
Drafting an Operating Agreement
Although Washington doesn't require LLCs to draft an operating agreement, it’s highly recommended to define ownership, roles, and loss sharing methods.
Additionally aids in avoiding disputes and gives transparency on decision-making processes.
If you run alone, creating an agreement provides legitimacy and protects your limited liability. You can use a template or write your own to fit your business needs.
Ensure all members endorse the agreement to confirm everyone’s responsibilities.
Post-Formation Responsibilities
After forming your LLC, you must manage recurring requirements to stay in good standing.
File an Annual Report with the state agency and remit the nominal fee.
Obtain an EIN from the IRS for federal filings.
Set up a separate bank account to keep your personal and company finances distinct.
Secure local permits if required for your business type.
Keep track of deadlines to file reports and modify your records to avoid penalties and business closure.
Summary
Creating your LLC in Washington is simple if you adhere to these guidelines. Choose a unique name, designate a reliable registered agent, file your formation documents, and draft an operating agreement. Keep up with your yearly filings and compliance to maintain your LLC in proper standing. Start your successful business in Washington here today! Report this page