How To Do A Washington Business Entity Search
If you are in Washington, and you are considering the formation of an LLC, you will want to first do what is called a business entity search. This is a search that you will do on the Washington Secretary of State business name database website, allowing you to determine if someone else has registered your name already. If you can find it, that means that it is already taken. If it is not there, then you will want to register it right away. Here is the process for registering the name of your LLC if you are in Washington.
How To Reserve Your LLC Name
To reserve your name, you will simply follow the steps as outlined above, but you need to actually register it. To do so, you will file what is called a Name Reservation with the Washington Secretary of State. When you do this, it will be submitted, which can be done by mail, and this will allow you to reserve it. It will cost $30, or you can pay $50, to expedite the processing.
Finding A Registered Agent
A registered agent is an individual or business that is going to receive mail from Washington state on your behalf. If you are being sued, this formal mail will be received, and they will notify you of its reception. They can then forward this to you, and this is their purpose, in regard to the LLC that you have formed. You can find a list of active registered agents that you can choose from, one of which will be more than willing to work with your limited liability company.
How To Register An LLC In Washington
If you want to register your LLC, you will have to turn in what is called a Certificate of Formation. This is a document which you will submit to the Secretary of State of Washington. The reason that you had to do the LLC name search first, and then reserve it, was because this is the first item that you must enter on this document. You will then define whether or not this is a limited were a perpetual duration by which the LLC will be created. The effective date of the formation needs to be listed, along with the name, address, and signature of the LLC registered age and. You need to also list the principal office address of the LLC which can be your business address. Finally, there is an executor which is going to sign the document. This will be submitted either online, or you can send it in by mail. The total cost is $180 to file your Certificate of Formation, or you can file this online for $200.
What If Your Name Is Already Taken?
There are certain circumstances where the name that you want to use for your business has already been taken. There may also be other businesses that are similar. What you want to do is register something that is completely dissimilar from other companies out there that are selling similar products and services. That will eliminate any probability of these other companies becoming upset and potentially suing you for this registration. In fact, you can use this LLC to cover all of the businesses that you are running, which means it doesn’t have to be the same name.
Why You Should Prepare Your Operating Agreement
This is a document that you should create, but it is not mandated as a result of the LLC creation process. You will want to do this, and then keep it as an internal document, not only for reference but also for legal action. For example, if someone is suing you, trying to get your personal assets, you can display this in court. What it does is depict how the members and managers of your LLC are acting within the context of your limited liability company, including their responsibilities and rights. By showing this, it will clearly define your LLC as being separate from you and your assets.
Finding a name for your LLC is very easy to do. You may not realize how simple this is. By simply visiting the Washington Secretary of State business name database, you can quickly determine if it is available. Remember that the name does not have to be identical to your business, and can actually be completely different, which might be beneficial. If there are other businesses that have already secured names that are similar to your company, and sell similar products, this will eliminate their ability to object if your LLC name is completely different. Once you have submitted your paperwork, and you have received confirmation that the name is now yours, you can complete the process of creating your limited liability company in Washington which will help protect your assets.