Pennsylvania LLC Agreement - Open Source
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How to fill out LLC Agreement - Open Source?
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FAQ
Online filings: In total, online filing approvals for Pennsylvania LLCs take 5-6 weeks. Since you can download your documents as soon as they're approved by the Department of State, there is no extra transit time. But because Pennsylvania gets so many business filings, their processing time is pretty long.
The only fee to register an LLC in Pennsylvania is $125 at initial registration. Then, every 10 years your business will be required to submit a decennial report with a registration fee of $70. If you are not yet ready to file your LLC, Pennsylvania offers a name reservation option.
If you intend on being available at all times during business hours, you can act as your own registered office in Pennsylvania. In order to be a Pennsylvania registered office, the state requires you to: Be 18 and able to accept legal documents.
Forming an LLC in Pennsylvania involves various costs and fees. The filing fee for the Articles of Organization is $125. Legal fees range from $500 to $2,000. Additional expenses include licenses, operating costs, insurance, annual fees of $70, and state taxes.
Your LLC must have a Pennsylvania Registered Agent at all times to provide various services, such as accepting formal documents and correspondence from the Pennsylvania Department of State (PA DOS). You must appoint a Registered Agent when you first start your business.
Establishing an LLC in Pennsylvania costs $125 and requires the filing of a number of different business and legal documents with the Pennsylvania Department of State. You can apply online or register by mail. Read on for a breakdown of the process in three easy steps.
Items to include in your Pennsylvania Operating Agreement include: LLC Name. Your Operating Agreement should include the name of your LLC. ... Ownership. ... Management Structure. ... Duties of Members and Managers. ... Voting Rights and Responsibilities. ... Distributions. ... Holding Meetings. ... Buyout and Buy-Sell Rules.
A: Pennsylvania requires annual filings for all limited liability partnerships, domestic and foreign, as well as by restricted professional limited liability companies, domestic and foreign.