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 searching 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 government affiliation. Refrain from using restricted terms like “bank” or “trust,” unless you have special authorization.
Secure your name if you’re not ready to file immediately; it's possible to reserve it for up to 180 days with a nominal fee.
Choosing a Registered Agent in Washington
You must choose a registered agent who acts as your LLC’s legal address.
Your agent needs a actual address in Washington—P.O. Box addresses are not accepted.
It's possible to act as your own agent, use a registered agent service, or designate someone you trust.
Ensure your someone is dependable and available during normal working hours to accept important notices.
Submitting Your Articles of Organization
Once you’ve chosen your registered representative, your next move is to file the Certificate of Formation with the state government.
It's available to fill out it online or by mail.
You’ll need information such as: the name, main address, read more registered agent’s information, and the names of the LLC.
Review the information to prevent delays. electronic submission done quicker.Pay the filing fee—$200 online or $180 by mail.
After approval, you'll receive a stamped document confirming 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 members’ shares, roles, and loss sharing methods.
Additionally aids in preventing disputes and gives transparency on decision-making processes.
If you run alone, creating an agreement provides legitimacy and protects your assets. You can use a template or write your own to fit your business needs.
Ensure owners endorse the agreement to confirm everyone’s responsibilities.
Post-Formation Responsibilities
After forming your LLC, you must manage ongoing requirements to stay in good standing.
File an yearly report with the state agency and remit the nominal fee.
Obtain an EIN from the IRS for federal filings.
Open a separate bank account to manage your personal and company finances separate.
Secure local permits if required for your business type.
Stay on deadlines to submit reports and update your records to prevent penalties and business closure.
Final Tips
Forming your LLC in Washington is straightforward if you adhere to these steps. Choose a distinctive name, designate a trustworthy registered agent, submit your articles documents, and draft an operating agreement. Keep up with your annual filings and compliance to maintain your LLC in proper standing. Start your successful venture in Washington today!