Planning to start a business in Washington? Forming an LLC helps protect assets and provides flexibility. You just need to choose the right name, appoint a registered agent, file the paperwork, and stay compliant. It’s simpler than you think, but don’t miss key steps like compliance and naming. Here’s where to start
How to Pick Your LLC Name
Begin by searching the state’s website to ensure your proposed name is not already taken. Your LLC’s name must contain “Limited Liability Company,” “LLC,” or “L.L.C.”.
Stay away from words that could mislead or suggest government ties. Don’t using prohibited terms like “bank” or “trust,” unless formal authorization.
Hold your name if you’re not ready to register immediately; it's possible to reserve it for up to 180 days with a nominal fee.
Designating Your Registered Agent
You must designate a registered agent who serves as your LLC’s legal address.
Your agent must have a physical address in Washington—PO Box addresses are not accepted.
It's possible to act as your own agent, use a registered agent company, or designate someone you trust.
Ensure your someone reliable and during business hours to receive important notices.
Filing the Certificate of Formation
Once you’ve designated your registered agent, your next move is to submit the Articles of Organization with the Washington Secretary of State.
You can complete it online or by mail.
It requires information such as: the name, main address, agent’s information, and the names of the LLC.
Review the information to avoid mistakes. Online filing is processed faster.Pay the filing fee—$200 online or $180 by mail.
After approval, you'll receive a stamped document confirming your LLC’s official formation.
How to Prepare Your LLC Management Agreement
Even though Washington doesn't require LLCs to have an operating agreement, this document is a smart step to outline ownership, roles, and loss sharing methods.
Additionally aids in avoiding disputes and provides clarity on operating procedures.
Even if you operate alone, creating an agreement provides legitimacy and protects your limited liability. You can use a template or create a custom version to tailor your company needs.
Ensure all members sign the document to confirm everyone’s responsibilities.
Post-Formation Responsibilities
After forming your LLC, you must handle ongoing requirements to stay compliant.
Submit an Annual Report with the Washington Secretary of State and pay more info the nominal cost.
Obtain an EIN from the IRS for federal filings.
Open a separate checking account to manage your personal and business finances distinct.
Apply for local licenses if required for your business type.
Keep track of deadlines to file reports and update your records to prevent penalties and dissolution.
Conclusion
Setting up your LLC in Washington can be easy if you follow these guidelines. Choose a unique name, designate a trustworthy registered agent, file your articles documents, and draft an operating agreement. Keep up with your yearly filings and compliance to maintain your LLC in good standing. Begin your successful venture in Washington today!