Llc In Massachusetts: How To Get Registered

llc in massachusetts

Opening an Llc In Massachusetts can be a complicated process. In fact, it can be downright confusing! If you have not done so before and you are considering incorporating or forming an llc in massachusetts, you may find yourself asking many questions.

 

The fee to open a new Massachusetts limited liability business (LLC) is known as a "licensing fee". This fee is typically paid to the Massachusetts Department of Business Regulations when filing the paperwork for the LLC's certificate of organization. In addition to the state fee, there are federal taxes you will need to pay. Your local state tax agency will be able to tell you which fees you are liable for. However, it's always best to double check your calculations.

 

Forming your business entity is not the end of the process. To formally open your LLC in Massachusetts, you will be required to register the LLC with the secretary of state. Depending on your state regulations, this registration can be done by a licensed attorney or by an enrolled agent who has been approved by the state to act as the LLC's registered agent. Your registered agent should submit all appropriate documents to the state. He or she must also submit a notice of intent to register.

LLC In Massachusetts: How To Get Registered

 

After you register your LLC in Massachusetts, you will next be required to obtain business licenses. Most companies need both an agent and a register of your business entity. Although some businesses can handle this on their own, others require an expert to assist with these requirements. It's always best to hire an experienced attorney to handle this step. The attorney can help guide you through the complex procedures that must be followed. It is better to have legal representation than to face penalties and possible fines if you don't follow the correct procedures when it comes to opening business entities in Massachusetts.

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Once you've become the LLC's owner, you will need to submit your operating agreement, Articles of Organization, and shareholders' declaration. All of these items are required to make things official. By submitting all of these documents, you are formally starting up your business.

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Next, you will be required to file a fictitious name application. Filing a fictitious name application is essential for many reasons. First, it helps to distinguish your LLC from other start-ups. Second, the state of Massachusetts requires that any documentation that you submit to the secretary of the state include a copy of your LLC filing in Masslaw. If you fail to submit a copy, you will be required to file a new fictitious name application.

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The last step in the filing process is to submit your Articles of Organization. This is the final step in the entire process. The Articles of Organization must include everything that you and your LLC have agreed upon. This includes the names of both the LLC and the Secretary of the Commonwealth. Additionally, all of your members must also submit a statement.

 

The last step in starting up your business is to pay the filing fee and also submit your Articles of Organization. Once this is completed, all that remains is to wait for the state's official notice. Within 60 days of your official notification, you will be allowed to conduct business as an LLC.

 

Once the Secretary of the Commonwealth's Office receives your Articles of Organization, you and your LLC must obtain a certificate of authority and Operating Agreement. The Operating Agreement is just like the bylaws that you already have in place. It contains the details of the LLC's operations including its name, its date of birth, its LLC members, its LLC registered agent, its LLC officers, and its LLC business address.

 

Lastly, all members of the LLC must file a fictitious name registration form with the Secretary of the Commonwealth. Once this is filed, all members are now considered "residents" of the state. All member's personal state fees must be paid according to their own schedules. Once all of the necessary filings are complete, all the member must do is file an Annual Summary Report. A summary report will provide all of the LLCs operational and accounting information for the past year.

 

In closing, when filing your Articles of Organization, make sure you include a copy of the Operating Agreement and a complete description of your LLC. The last thing you want to do is to get everything ready for the clerk only to have your application denied. By hiring a highly-knowledgeable llc formation service in Massachusetts, you can rest easy knowing that you are in good hands. Your hard work will pay off when you start receiving your business days free from the burdens of incorporating. You may even be able to take all of those family friends along to witness the signing of your papers!

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