Video Guide about Washington Limited Liability Company
Top Questions about Washington Limited Liability Company
A Limited Liability Company (LLC) in Washington is a legal entity that combines elements of a corporation and a partnership. It provides limited liability protection to its owners (members) while allowing for flexible management and pass-through taxation.
To form an LLC in Washington, you need to file a Certificate of Formation with the Washington Secretary of State. The form requires information about the LLC's name, registered agent, members, and management structure. A filing fee must also be paid.
When naming an LLC in Washington, the name must include one of the following: "Limited Liability Company", "LLC", "L.L.C.", "Ltd. Liability Co.", or "Ltd. Liability Company". The name must also be distinguishable from other registered entities in Washington.
Yes, LLCs in Washington must file an Annual Report with the Secretary of State each year. The report includes information about the LLC's members, managers, and any changes to its registered agent or address. Failure to file the report can result in penalties or administrative dissolution.
LLCs in Washington are generally not taxed at the entity level. Instead, the income or losses of the LLC are passed through to the members, who report them on their individual tax returns. However, Washington does impose a Business and Occupation tax on certain types of business activities.
Washington Limited Liability Company Detailed Guide
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Limited Liability Company (LLC) Washington forms are legal documents that are required to be filled out and submitted when forming a Limited Liability Company in the state of Washington. These forms provide crucial information about the company, its structure, and its members to the government authorities.
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The main types of Limited Liability Company Washington forms include:
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Articles of Organization: This form is used to officially register the LLC with the Washington Secretary of State. It includes details such as the LLC's name, principal place of business, registered agent, purpose, and duration.
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Operating Agreement: Although not required by the state, an operating agreement is a crucial document that outlines the internal operations, management structure, and ownership interests of the LLC. It is advisable for LCS to have an operating agreement in place.
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Annual Report: LLCs in Washington are required to file an Annual Report each year to maintain their good standing. This report consists of specific information about the LLC, including its name, principal address, registered agent, and names of managers or members.
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To fill out Limited Liability Company Washington forms, follow these steps:
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Download the required form from the official website of the Washington Secretary of State or obtain a copy from the office.
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Read the instructions carefully to understand the information required and any specific guidelines for completing the form.
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Gather the necessary information regarding the LLC, such as its name, address, registered agent's information, and purpose/duration (if applicable).
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Complete the form by accurately providing all the required details. Ensure that the information is legible, accurate, and up-to-date.
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Compile any additional supporting documents or attachments that may be required, such as the operating agreement.
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Review the completed form for any errors or omissions before submitting.
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Submit the filled-out form along with any required fees to the Washington Secretary of State as per their specified submission methods (e.g., online, mail, in-person).
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