Starting an LLC in Washington is Easy
- STEP 1: Name Your Washington LLC.
- STEP 2: Choose a Registered Agent in Washington.
- STEP 3: File the Washington LLC Certificate of Formation.
- STEP 4: Create a Washington LLC Operating Agreement.
- STEP 5: Get a Washington LLC EIN.
How much does it cost to form an LLC in Washington state?
How much does it cost to form an LLC in Washington? The Washington Secretary of State charges a $180 fee to file the Certificate of Formation mail and $200 if filed online. You can file an LLC name reservation for $30.
Does my LLC need a business license in Washington state?
There are a few states where all businesses need to get state business licenses, in addition to any required local licenses. Washington is one of these states. Virtually all businesses in Washington need to obtain a Washington state business license.
How long does it take to set up an LLC in Washington?
Expedited Processing Time to process your corporation or LLC formation varies by state with routine processing taking 4 – 6 weeks or even more in the slowest states. Expedited Processing will reduce that time to about 10 business days or less with the exception of just a few states.
How much does it cost to start a business in Washington State?
The standard filing fee for forming a limited partnership, profit corporation, or LLC is $180 and $30 for a nonprofit corporation. Additional fees may apply if expedited filing is desired (we generally recommend expediting the filing for quick confirmation but it is usually an additional $50).
What is the disadvantage of an LLC?
Disadvantages of creating an LLC Cost: An LLC usually costs more to form and maintain than a sole proprietorship or general partnership. States charge an initial formation fee. Many states also impose ongoing fees, such as annual report and/or franchise tax fees.
Do you need a business license for a LLC?
In most states, forming an LLC doesn’t require a business license, but you’ll need to follow your state’s procedures. An LLC requires registering with the state and filing the appropriate forms. But even though you don’t need a business license to form an LLC, you probably need one to operate the LLC as a business.
What is better LLC or sole proprietorship?
One of the key benefits of an LLC versus the sole proprietorship is that a member’s liability is limited to the amount of their investment in the LLC. Therefore, a member is not personally liable for the debts of the LLC. A sole proprietor would be liable for the debts incurred by the business.
How do I get an EIN number in Washington state?
- Get Your Economic Impact Payment Status.
Where should I set up my LLC?
In almost every situation, you’ll want to form your LLC in your home state, but there are a few rare exceptions to the rule. by Brette Sember, J.D. When you decide to start a limited liability company (LLC), you can choose to form your company in any state, regardless of where you are based.
What does it cost to start an LLC?
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.
What is the difference between LLC and Professional LLC?
PLLCs offer the same benefits as LLCs. The main difference between a LLC and a PLLC is that only professionals recognized in a state through licensing, such as architects, medical practitioners and lawyers, can form PLLCs.