How much does it cost to open an LLC in Washington state?

How long does it take to get an LLC in Washington?

To form a Limited Liability Company in Washington, file the Certificate of Formation with the Washington Secretary of State. The LLC filing fee is $180 by mail and $200 online. Approval for the LLC is typically around two weeks when filing by mail and 2-3 business days when filing online.

How do I set up an LLC in Washington state?

Starting an LLC in Washington is Easy

  1. STEP 1: Name Your Washington LLC. …
  2. STEP 2: Choose a Registered Agent in Washington. …
  3. STEP 3: File the Washington LLC Certificate of Formation. …
  4. STEP 4: Create a Washington LLC Operating Agreement. …
  5. STEP 5: Get a Washington LLC EIN.

How much does an LLC cost per year?

LLC Annual Fees (as of 2021):

State LLC LLC Filing Fee LLC Annual Fee
Alaska LLC $250 $100
Arizona LLC $50 $0
Arkansas LLC $45 $150
California LLC $70 $800 + $20

Are LLC expensive to start?

The main cost of forming a limited liability company (LLC) is the state filing fee. This fee ranges between $40 and $500, depending on your state.

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Do I need a lawyer to set up an LLC?

There is no legal requirement to hire an attorney to form an LLC. Most states allow LLC formation by registering the business entity on your secretary of state’s website and with the Internal Revenue Service (IRS). … Once you register as an LLC, you can buy or rent a building and open company bank accounts.

How can I get a free LLC?

How to Create and File an LLC for Free

  1. Six Steps to Forming an LLC for Free. …
  2. Gather Information. …
  3. Get a Business Name and Address. …
  4. Get the Formation Document From the Secretary of State Website. …
  5. Get a Registered Agent. …
  6. Look at Other LLC Formation Options. …
  7. LLC Paperwork: Fill Out and File the Formation Document.

Is an LLC a business license?

A business license is not the same as forming an LLC (limited liability company) or other legal business entity. An LLC is a legally recognized business entity while a business license gives you permission to engage in a specific type of business in a certain jurisdiction.

What is the disadvantage of an LLC?

The two main disadvantages of an LLC are that its members may have to pay self-employment taxes and that an LLC can be unattractive to some investors due to its often complicated operating agreement.

Can I be my own registered agent in Washington state?

Yes, any owner or employee of a business can be its registered agent in Washington as long as they are over the age of 18, and have a street address in Washington. You could also choose to elect a member of your LLC, or even a friend you trust, as long as the person meets these requirements too.

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How do I know if my LLC is active?

To check an LLC’s status, you can request a copy of its Certificate of Standing. A company that is in good standing will have a current Certificate of Good Standing. You can do this for every state.

Do I have to renew my LLC every year?

Do I need to renew my LLC every year? The renewal fee for a limited liability company, or LLC, has to be paid every one or two years, with the frequency varying by state. The LLC business entity is created at the state level.

How long does an LLC last?

This is a question with more than one possible answer because it’s determined by the LLC’s articles of organization. An LLC can be basically unending or perpetual with no ending or expiration. Or, it can be created for a specific purpose with a defined end date that’s stated in the articles of organization.