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A North Carolina LLC Operating Agreement is a written contract between the LLC Members (LLC owners). This legal document includes detailed information about LLC ownership structure, who owns the company and how the LLC is managed.
Although North Carolina's laws do not require LLCs to have operating agreements, you are still encouraged to have one to protect the operations of your business. Having an operating agreement is critical to ensure that your business is legally compliant and that all of the proper procedures and policies are followed.
Operating agreements are kept with the essential records of your business. You do not need to file it with North Carolina's Secretary of State. Note that you should keep the operating agreement details confidential in your company.
A North Carolina single-member LLC operating agreement is a legal document that, once created, will provide a specific separation of the owner from the business proper. This state does not require the member to file this document, to have the right to do business within the state.
Starting an LLC in North Carolina Decide on a name for your business. ... Assign an agent for service of process. ... Get an Employer Identification Number (EIN) from the IRS. ... Create an operating agreement. ... File state taxes. ... Familiarize yourself with the LLC's continuing legal obligations, specifically annual reports.