First, you need to know the legal requirements for operating an LLC in Tennessee. As an LLC, your company must file an annual report with the Tennessee Secretary of State. This report is a public record and provides legal protection for your company. As an LLC, you may choose to file an operating agreement that states the ownership and management structure of your company. It can include any provisions you want, but it is important to make sure the agreement doesn’t conflict with the state’s business law.
How Do I Create an LLC in Tennessee?
Next, you need to file your Articles of Organization with the Tennessee Secretary of State. The minimum fee for filing an LLC in Tennessee is $300 for up to six members and $50 for each additional member.
Then, you’ll need to choose a business name and a registered agent dumpster rental, and submit all of the required documents to the Secretary of State. The process typically takes one to 10 business days. However, the fees may vary depending on how many members your company has.
The process of forming an LLC in Tennessee is easy and straightforward. The website of the Tennessee Department of Corporations offers a search tool that allows you to enter your business name and other relevant information. This will help you make sure you’re choosing a name that’s available.
It is important to remember that you can name your LLC after a business name, which means you can have several names if you choose to do so. You can also check if an existing business has reserved the name for 120 days or less.