An Overview Of Massachusetts Articles Of Organization And LLCs
Will you be forming an LLC in the state of Massachusetts? If you have a business that is established, or if you are preparing to create one, forming a limited liability company is a good idea. LLCs can offer you personal protection, helping to prevent your personal assets, from being used in court cases that may come against your business. When you fill out the paperwork for your limited liability company, these must be completed. There is a certain process that you must go through in order to submit it correctly. Let’s discuss how to complete your Articles of Organization for Massachusetts
The Process Of Creating LLCs In Massachusetts
In each state where you will file for an LLC, the very first step is obtaining the name. You must verify that no other person has used the same name that you want for the LLC that they are currently using. If it is available, you will then need to find a registered agent. From there, you will fill out your Articles Of Organization. Optionally, you should also create an Operating Agreement. Finally, you must comply with tax laws, file reports, and do so on a regular basis.
What Is The Purpose Of Articles Of Organization In Massachusetts
When you create your Articles of Organization, there is a certain process that you must go through when completing this document. It is also referred to as the Certificate of Organization, and you must file this with the state to form your LLC. To get your limited liability company started, you must first acquire these forms. These are downloadable, or you can have them sent to you in the mail, and the process for completing it is very straightforward. You need to enter the legal name and address of your LLC. You must have also found a Registered Agent so that you can place their name, and their address, on this document. Manager information must also be provided. Finally, you need to document or write down the purpose of your business. Once that is completed, you will then be able to submit this to their Corporations Division of the Secretary of Commonwealth which can be done by mail or online.
Additional Information That Is Needed
In addition to the Certificate of Organization, you also need to submit your EIN number, the date of dissolution if it is applicable, and the duration or how long the LLC will be in place. The names, addresses, and signatures of the managers and members of the LLC must also be listed. One authorized signatory must sign the document as well. Finally, the contact number, address, and email of the owner of the limited liability company must be present. Once all of this is submitted, along with a $500 filing fee, you can submit all of this to the Secretary of the Commonwealth Corporations Division to get the process started. In addition to this, this documentation must be filed in duplicate. If you are doing this in person, or by mail, this is required. If they are offering expedited processing, a 4.5% additional fee will be added. Within weeks, your LLC will be active.
Steps That You Should Take To Form Your LLC
These steps are just a general guideline so that you can streamline the process of creating your LLC in Massachusetts. It begins with deciding on your business name, followed by locating a registered agent, getting your EIN number, and then moving on to your Operating Agreement. It is then important to familiarize yourself with the state laws associated with LLCs that are operating in Massachusetts. Finally, you must also file an annual report which will also include your EIN number, LLC name, the character of your business, the registered agent name, in the name and addresses of the person responsible for the LLC. All of these documents can be submitted, along with one signature, so that everything is up-to-date.
How To Streamline This Process
Every state is going to be slightly different when it comes to creating an LLC. If you have done this before in California for instance, some of the terms are going to be a little different. That’s why working with a company that understands how to file LLCs in every state is the best way to complete this process quickly. He simply needs to evaluate the different companies that offer this service and choose one that is the most reliable.
If you are ready to set up your LLC, you now know exactly what to do. As you can see, filling out your Articles of Organization is relatively straightforward, along with all the other paperwork and fees that are required. For those that do not have the time or the understanding of how to do this, you will want to work with a business that understands how to create LLCs in Massachusetts. Simply choose the business that offers the best services and prices to get this process started right away.