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Adding a partner to an LLC If your LLC has an operating agreement, adding a new member means amending the document to include details about the new member. Aside from the partner's name, you should also include their financial contribution, if any, and the new member's share of interest in the company.
Colorado LLCs have to file a completed Articles of Amendment form with the Secretary of State. You can do this online. All you have to do is input the name of your company and confirm that you are authorized to make changes to your LLC's records. You also need to include $25 for the filing fee.
Creating your LLC in Colorado requires you to file Articles of Organization with the Secretary of State. Colorado does not allow for paper filing of your Articles of Organization. The Colorado Secretary of State will only accept Articles of Organization that are filed electronically.
Steps to Form a Colorado Professional Limited Liability Company Choose your structure. ... Select a name. ... Designate a registered agent. ... File your Articles of Organization. ... Create your operating agreement. ... Handle tax obligations. ... Obtain all necessary licenses and permits. ... Get insurance.
How do I amend my Colorado LLC operating agreement to add a member? Hold a meeting of all members. Draft a resolution (to add a member) Vote on the resolution. Pass the resolution (if a majority vote in favor) Keep the member resolution with your records.
The process of adding a member to a Colorado LLC may involve amending the company's articles of organization to include the new member. Depending on the terms in the agreement, current LLC members may need to vote on it for the amendment to pass.
When filing your Articles of Organization or Incorporation, Colorado's Secretary of State will ask you for your principal office address. Colorado's Secretary of State requires that your principal address is a legit street address, no P.O. boxes.
Converting a Single-Member LLC to a Multi-Member LLC If your LLC already has an employer identification number (EIN), you have to file Form 8832 with the IRS to elect partnership taxation and provide the names of the new members.