How to Create an LLC in Washington
How to Create an LLC in Washington
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
How to Pick Your LLC Name
Begin by verifying the state’s website to make sure 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 prohibited terms like “bank” or “trust,” unless formal authorization.
Reserve your name if you’re not ready to register immediately; it's possible to reserve it for up to 180 days with a nominal fee.
Designating Your Registered Agent
You must designate a registered agent who serves as your LLC’s legal address.
Your agent must have a actual location in Washington—P.O. Box addresses are not accepted.
You can act as your own registered agent, use a professional service, or designate someone you trust.
Verify your agent reliable and available during business hours to receive important notices.
Filing the Certificate of Formation
Once you’ve chosen your registered representative, your next move is to submit the Certificate of Formation with the Washington Secretary of State.
You can fill out it via the web or postal mail.
It requires information such as: the name, principal address, registered agent’s information, and the names of the LLC.
Review 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 document confirming your LLC’s official formation.
Drafting an Operating Agreement
Although Washington doesn't require LLCs to draft an operating agreement, it’s a smart step to define members’ shares, roles, and loss sharing methods.
Additionally aids in preventing disputes and provides clarity on operating procedures.
Even if you run alone, creating an agreement provides legitimacy and helps your limited liability. You can use a template or create a custom version to tailor your company needs.
Ensure all members sign the document to confirm everyone’s responsibilities.
Post-Formation Responsibilities
After forming your LLC, you must handle ongoing requirements to stay compliant.
Submit an Annual Report with the Washington Secretary of State and pay the nominal cost.
Obtain an EIN from the IRS for federal filings.
Open a separate checking account to manage your personal and business finances separate.
Apply for state licenses if required for your industry.
Keep track of deadlines to file reports and modify your records to prevent penalties and business closure.
Final Tips
Forming your LLC in Washington can be easy if you follow these guidelines. Pick a unique name, designate a reliable registered agent, file your articles documents, and draft an operating agreement. Keep up with your website annual filings and compliance to maintain your LLC in good standing. Begin your successful venture in Washington today! Report this page