To form a Limited Liability Company (LLC) in Pennsylvania, you must meet certain requirements. Here is a breakdown of those requirements:
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Choose a Name: The first requirement is to select a business name that complies with Pennsylvania law. The name must not be the same as another registered business in Pennsylvania and must include either the words “Limited Liability Company” or “LLC”.
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File Articles of Organization: Next, you must file your Articles of Organization with the Pennsylvania Department of State. The Articles of Organization must include information such as the business name, the business address, the name and contact information of the LLC's registered agent, and the names and addresses of the LLC's members.
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Pay a Filing Fee: You will also be required to pay a filing fee along with your Articles of Organization. The fee is $125.
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Obtain any Required Permits or Licenses: Depending on the nature of your business, you may need to obtain specific permits or licenses in order to operate in Pennsylvania. You can visit the Pennsylvania Department of Revenue website to determine if you need any specific licenses or permits.
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Draft an Operating Agreement: While an Operating Agreement is not required by law in Pennsylvania, it is highly recommended. An Operating Agreement outlines the roles and responsibilities of the LLC's members, as well as the rules and procedures governing the LLC's operations.
It is important to note that the process for forming an LLC in Pennsylvania may vary depending on the specifics of your situation. Consulting with a licensed attorney specializing in business law can help ensure that you meet all requirements and protect your legal rights.
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