![]() ![]() When determining how to start an LLC, there are several types of LLCs to choose from. Washington LLCs must also file an annual report each year. You can expedite its filing by paying an extra $50 fee. There is a $10 fee to file this report, whether by paper or electronically. This is the first annual report filed with the state. Washington State requires that any new LLC file an Initial Report with the Secretary of State within 120 days of formation. This is a tax identification number used for tax purposes and to get a bank account. Go to the Internal Revenue Service (IRS) website and obtain a free EIN. Get an Employer Identification Number (EIN) Once the operating agreement is complete, place it in the company records book with the formation certificates from the state. How to admit new members and deal with departing members.The operating agreement generally contains: ![]() It also sets the foundation for how the company’s mission will be accomplished. It isn’t required but is an important step in making sure that all members of the business understand their roles and responsibilities in the company. The operating agreement outlines how the business will go about running day-to-day operations. Application fees vary based on the type of business you have and what endorsements are required. It generally takes up to ten business days to process the request, though it can take up to three weeks for companies that need city or state endorsements. Your LLC can obtain the business license from the Department of Revenue. To legally operate in the state, you must have a valid business license. Once you’ve completed the Certificate of Formation and have gotten it approved by the Secretary of State, you’ll want to take the following steps in completing the establishment of your LLC. There are many companies that can help you secure the domain name that best suits your business for anywhere from $0.99 to $49.99 per year. Do a domain name search online to find a name that is available. You’ll want to buy your domain name as soon as possible to ensure that no one else takes the name. Reserve Your Domain Nameįew businesses get by without a website in today’s digital age. Be sure to vet out anyone hired for this role. A registered agent costs anywhere from $50 to $300 per year. Often, the registered agent is a member (owner) of the LLC, but an LLC may instead hire a registered agent to fulfill this requirement. The agent must agree in writing to act as agent. This person (or business) must have a physical address in the state and be willing to accept all legal documents on behalf of the LLC. Hire a Registered AgentĮvery Washington State LLC will need to appoint a registered agent for the company. If the search comes up with companies with the same name as yours, adjust your name so that it will be accepted without the risk of infringing on another company’s name. The Secretary of State limits how similar names can be to avoid consumer confusion about companies and what they do. ![]() This is free to do through the Secretary of State and only takes a few minutes. Check Name Availabilityīefore registering for an LLC, you’ll want to make sure that the name you want to use is available. This can help to save you time and money down the road. Before you pay to file for your LLC, take a moment to do a little research.
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