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All New Jersey LLCs are required to register with the New Jersey Department of Revenue regardless of whether they collect a state tax or have employees. New Jersey LLCs are required to file an annual report. The report is due on the last day of the anniversary month of the LLC's formation.
The cost to establish an LLC in New Jersey is $125 The standard processing time is about four weeks and can vary depending on how many LLCs are currently being reviewed by the Division of Revenue and Enterprises You can expedite the process by paying an additional fee.
Forming an LLC in NJ Step 1: Choose a name for your NJ LLC. Step 2: Choose a registered agent in NJ. Step 3: Obtain an NJ business license. Step 4: File your certificate of formation. Step 5: Draft an LLC operating agreement. Step 6: Comply with state and federal obligations. Pros. Cons.
No, New Jersey statutes do not state that LLCs are required to have an operating agreement. However, you'll need an operating agreement for several important tasks, like opening a bank account for your LLC and maintaining limited liability status.
New Jersey doesn't require an SMLLC to have an operating agreement. Even though you're the only member of your SMLLC, you should still create an agreement. The operating agreement is usually made between the single member and the LLC itself.