An llc in tennessee, also known as a Limited Liability Company in Tennessee or a registered agent business in Tennessee, is a highly effective, flexible company structure that limits your personal liability to either business-related injuries or lawsuits. In order to establish an llc in tennessee, you first must: Choose a name for the LLC. The name should be distinctive and not easily to confuse with an existing business.

 

Choose the address of your office. All LLCs must be filed under its own separate filing cabinet. Your office should be the address where all mail and faxes to your business will go.

 

Contact your state's registered agent. A registered agent is a person who can serve as your agent on all legal matters, such as filing paperwork and making sure that your LLC has the right to operate. In some cases, the registered agent can act in place of you. If your state permits a sole proprietorship, then you may choose the same as your filing entity. Contact your state's Secretary of State to determine whether there are any formal business rules in your state that would prevent you from forming an LLC in Tennessee.

Guide on Forming an LLC in Tennessee

 

Get a copy of your operating agreement. An operating agreement is a document that spells out the details of your limited liability business, including the names of the members, the LLC and its partners, and the end user (you). The operating agreement should include all of the necessary tax information, which should be filed with the IRS. Your accountant can help you draft an operating agreement for you, if you do not know how.

 

Add operating agreements for your LLC in other states. There are several governing body that can provide you with a model operating agreement. You can contact the Tennessee SBE or Corporation Commission for copies of other states' operating agreements. If you have trouble locating such documents, then your registered agent should be able to provide you with copies of the documents that he or she files with the appropriate regulatory body.

 

File Articles of Organization. Once you file the articles of organization with the Secretary of State in your state, then you are ready to form your LLC. Before you do so, though, it is important to ensure that you understand the entire meaning of the Articles of Organization and ensure that none of the conditions set forth in Article 15 are violated. It is best to get legal advice before incorporating an LLC in Tennessee.

 

Select a registered agent. In order to make it easy for you to deal with your LLC, it is best that you have a registered agent who can be located in Tennessee. This will also help you avoid any of the potential mistakes that could be committed by not having a registered agent in the state. Your registered agent is also responsible for collecting the fees that are due from your business entity. Make sure that your registered agent can handle all transfers that are expected to occur as well.

 

File your Operating Agreement. As mentioned earlier, the operating agreement for multi-member llcs should be filed with the appropriate regulatory body in your state. The operating agreement is the contract that governs how your LLC will be run while it is under the supervision of the Secretary of State. Filing your operating agreement early can also give you some time to properly prepare the necessary documents.

 

File your Operating Agreement. In case you are formulating your LLC in Tennessee, it is important that you understand how to file your operating agreement properly. This includes the formal name of your LLC, the name of its registered agent, its physical street address, and its registered office. Additionally, your operating agreement should include the name and address of your bank. Your Operating Agreement is the vital link that will facilitate the smooth running of your company while being compliant with the law.

 

Print and file the Tax Certificate. You must also print out a tax certificate of your LLC in Tennessee. This is the copy of the signed tax registration form that you had filed with the state. If you are formulating your LLC in Tennessee, you must include a copy of the filed tax certificate with your application for a certificate of tax exemption. If you fail to do so, your application will be returned without any processing.

 

File Articles of Organization. Forming an LLC in Tennessee is not complete without including Articles of Organization. An LLC in Tennessee is run by a registered entity and each member of it has the right to share shares of its assets and liabilities. Each member has to file his or her own articles of organization, and these articles have to be filed with the office of the Secretary of State in Nashville. In addition to publishing the articles of organization on the internet, you have to send them to the address given on the website.

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