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To form an LLC, a registrant must first file Articles of Organization with the Secretary of State. A filing fee must accompany all submissions. The filing fee in the State of NC is $125. Check with your state office for the specifics.

The overall process is not lengthy. When filing online, it takes 3-5 business days, and by mail, 2-3 weeks. Delivery can be expedited by 24 hours for an additional $100 and same-day service for an additional $200.

When filing for Articles of Organization, be prepared to supply the following information:

  • LLC name and principal office address
  • Duration, if applicable
  • Name and address of organizer (member preparing application)
  • Name and address of registered agent (registered agent may fill this in)
  • Type of management (member-managed or manager-managed)
  • Business email
  • Effective date, if not the filing date
  • Date, signature, name, and title of the applicant
  • Names, addresses, and signatures of members

Upon receipt, expect to receive in your package the stamp dated Articles of Incorporation, and an EIN letter from the IRS. This letter houses your company EIN number. Do not lose this. Also included is the standard 2-3 page Operating Agreement. It is strongly suggested that you have this agreement tailored to your company. This should be done by an attorney.

Business owners are held to continued annual legal obligations on behalf of the LLC, specifically, filing the annual reports. A business owner should be familiar with Annual Report Requirements, the Due Date, Fees, and the Submission Process.

Forming an LLC in NC does not replace any requirements for obtaining business licenses to operate your organization. If your profession calls for a certain license (Dr., Attorney, RE Broker, CPA, etc.), the license must and should be obtained prior to forming your business entity.

For more information on choosing a business name, call me today at 984-355-9703.  You can also drop me a line at VanessaKbroker@gmail.com. I’d love to hear from you.

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Image: Documentation

Source: Legal Zoom | How to start an LLC in North Carolina | By: Michael Cohen, Esq. | Date: 12/15/22

Link: https://www.legalzoom.com/articles/how-to-start-an-llc-in-north-carolina#:~:text=To%20form%20an%20LLC%2C%20a,operating%20agreement%20among%20its%20members.