Forming an Indiana Llc is a very simple process. You must file the Articles of Organization using the Indiana Secretary of State, which normally costs $100. Also, you can apply either online or by mail for an Indiana Limited Liability Company (LLC). The Articles of Organization forms are the legal documents that formally create your Indiana Limited Liability Company permanently. Although it may seem very complex, the Articles of Organization make it very simple to start an LLC in the state of Indiana.
There are two basic options for filing an indiana llc. You can file online, or by mailing in the form. Both have their upsides and downsides. For instance, if you file online, you may have access to counsel immediately, whereas, if you file by mail, you will have to wait for your filing fee to clear. Filing by mail also allows you to request a printed tax identification card, which contains your personal information, as well as a printed copy of the Operating Agreement, by email. There is also a minimum number of working days that must be met before your LLC becomes active.
All Indiana LLCs has to file a biennial report. The filing fee for this report is actually free. However, you must contact the Indiana State Corporation Commission before file your report. The purpose of this report is to ensure that your LLC is reporting the right information, and that you are complying with all of the laws and regulations pertaining to your business entity report.
Forming an LLC in Indiana
Forming a business entity is one of the first things that you need to do when forming an Indiana LLC. This task is very simple. You need to fill out a form that can be downloaded from the state corporation commission's website. This name must be done exactly the way it is written on the filed document. If you wish, you can always have it modified to suit your business needs.
Business name must always include the name of the LLC and the word "limited" or "ltd". The word "limited" must appear in all caps and shall be enclosed within quotes. The name of the company must also contain the word "limited" or "ltd". Company formation in Indiana requires two years of experience; however, small business name requirements vary from one state to another. As long as your LLC has been registered with the secretary of state as a non-profit company, it should not have any further restrictions.
In order to make sure that your business entity receives the exemption, you need to have a registered agent who lives in Indiana. On your LLC's paperwork, you can request an individual to be your registered agent, and he will be required to complete an application stating his residency in the state. Once you're finished filling out your paperwork, send it to the office of the Secretary of State and wait for your registration to be approved.
If your LLC is a member of the filing articles of organization with the Indiana secretary of business services division, you must include the name of your registered agent on all documents, which must include the notice of acceptance. Your name must also be printed on the signs at the entrance of your office and on all letterhead and email communication letters. If your LLC is a member of the National Association of Legal Assistants (NALA) or the National Organization for Mortgage Brokers (NOMB) in Indiana, you must include the same information on all documents.
To help you manage your Indiana LLC, you can hire an accountant or a CPA in the state. You may wish to consider the services of a qualified bookkeeper or payroll service. The most important step in incorporating your LLC is to follow the procedures laid out by the Indiana state filing website. The Indiana laws regarding LLCs are different from federal law, so you must follow the rules of the state filing site for filing online.
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