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It costs $300 to form an LLC in Tennessee. This is a fee paid for the Articles of Organization. You'll file this form with the Tennessee Secretary of State. And once approved, your LLC will go into existence.
By default, a Tennessee LLC is taxed by the Internal Revenue Service (IRS) based on the number of Members the LLC has. Then the Tennessee Department of Revenue honors this and taxes your LLC the same way at the state level. An LLC with 1 owner (Single-Member LLC) is taxed like a Sole Proprietorship.
The main benefits of forming a LLC in Tennessee are: LLC assets are safe from personal liabilities. Charging order protection extended to single member LLC's. Members nor managers are not listed with the state. Good asset protection laws.
In Tennessee, names may be reserved for up to 4 months by paying the fee and submitting the proper form to the state authority. Choose your registered agent. ... Prepare and file articles of organization. ... Receive a certificate from the state. ... Create an operating agreement. ... Get an Employer Identification Number. ... Next steps.
In Tennessee, names may be reserved for up to 4 months by paying the fee and submitting the proper form to the state authority. Choose your registered agent. ... Prepare and file articles of organization. ... Receive a certificate from the state. ... Create an operating agreement. ... Get an Employer Identification Number. ... Next steps.
The Tennessee LLC filing fee is $50 per member, with a minimum fee of $300 and a maximum fee of $3,000. 312 Rosa L. Parks Ave. You only need to file your Articles of Organization once, but you must file an annual report every year thereafter.
Starting an LLC costs $300 in Tennessee. This is the state filing fee for a document called the Tennessee Articles of Organization. The Articles of Organization are filed with the Tennessee Secretary of State. And once approved, this is what creates your LLC.
Tennessee LLC Approval Times Mail filings: In total, mail filing approvals for Tennessee LLCs take 2-3 weeks. This accounts for the 3-5 business day processing time, plus the time your documents are in the mail. Online filings: Online filings for Tennessee LLCs are approved immediately.