Forming a Limited Liability Company (LLC) in North Carolina is a straightforward process that protects your personal assets while giving your business room to grow. Here’s how to do it step by step:
Step 1: Choose a Name
Your LLC’s name must be distinguishable and include “LLC” or “Limited Liability Company.” Check name availability on the NC Secretary of State’s website.
Step 2: Designate a Registered Agent
You must list a North Carolina registered agent to receive legal mail. This can be an individual or a professional service like NC LLC Agents Inc.
Step 3: File the Articles of Organization
Submit Form L-01 with a $125 filing fee to the Secretary of State online or by mail.
Step 4: Create an Operating Agreement
Though not required, this document outlines how your LLC will operate. It helps prevent internal disputes and clarifies roles.
Step 5: Apply for an EIN
Get an Employer Identification Number (EIN) from the IRS to open a bank account, hire employees, and file taxes.
Step 6: Stay Compliant
You must file an annual report each year and keep your registered agent info up-to-date.
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