How to Start an LLC in WA
How to Start an LLC in WA
Blog Article
Planning to start a business in Washington? Forming an LLC helps protect assets and provides flexibility. You just need to choose the right name, appoint a registered agent, file the paperwork, and stay compliant. It’s simpler than you think, but don’t miss key steps like compliance and naming. Here’s where to start
Selecting the Right Name in Washington
Start by verifying the Washington Secretary of State’s online database to ensure your proposed name is available. Your LLC’s name must contain “Limited Liability Company,” “LLC,” or “L.L.C.”.
Avoid misleading words or suggest official affiliation. Refrain from using restricted terms like “bank” or “trust,” unless formal permission.
Hold your name if you’re not ready to register immediately; you can maintain it for a maximum of 180 days with a small fee.
Choosing a Registered Agent in Washington
You must choose a registered agent who acts as your LLC’s official point of contact.
The representative must have a physical location in Washington—PO Box addresses are not accepted.
You can act as your own agent, use a registered agent service, or designate someone you trust.
Ensure your someone reliable and available during business hours to accept important notices.
How to File the LLC Formation Document in Washington
After you’ve designated your official agent, the next step is to file the Articles of Organization with the state government.
It's available to complete it online or by mail.
You’ll need details such as: the name, main address, agent’s information, and the members or organizers of the LLC.
Double-check the information to avoid mistakes. Online filing is processed faster.Pay the filing fee—$200 online or $180 by mail.
After approval, you'll receive a stamped certificate certifying your LLC’s legal existence.
Drafting an Operating Agreement
Although Washington doesn't require LLCs to draft an operating agreement, it’s highly recommended to outline ownership, management, and loss sharing methods.
Additionally aids in avoiding disputes and gives transparency on decision-making processes.
Even if you operate alone, drafting an agreement adds credibility and helps your assets. You may download a sample or create a custom version to fit your business needs.
Ensure all members endorse the agreement to confirm everyone’s responsibilities.
Maintaining Your LLC in Washington
After forming your LLC, you must handle ongoing requirements to stay compliant.
Submit an yearly report with the Washington Secretary of State and pay the small cost.
Secure an EIN from the IRS for tax filings.
Set up a separate bank account to keep your personal and company finances distinct.
Secure local permits if required for your industry.
Stay on due dates to submit renewals and update your information to prevent website penalties and dissolution.
Conclusion
Setting up your LLC in Washington can be easy if you adhere to these guidelines. Choose a unique name, designate a reliable registered agent, file your articles documents, and write an operating agreement. Keep up with your annual filings and compliance to keep your LLC in proper standing. Start your successful business in Washington today! Report this page