Connecticut LLC Filing Requirements
There are multiple Connecticut LLC filing requirements that a business must follow if they wish to perform business operations as an LLC in the state.3 min read
There are multiple Connecticut LLC filing requirements that a business must follow if they wish to perform business operations as an LLC in the state. LLCs in Connecticut are attractive to many business owners as they can be easy to afford and are affordable. To file to become an LLC in the state of Connecticut a business will have to:
- Fill out all necessary forms
- Pay required filing fees
- Meet naming requirements
- Follow formation requirements
- File your articles of organization
Articles of Organization
One of the most vital steps to forming an LLC is filing your articles of organization. Your articles of organization will include the primary information about the business as well as how the business will be organized. Your articles of organization should include:
- The name and address of the party that is filing.
- The description of the business.
- The name of the business as well as its physical address.
- The name and address of the LLC's registered agent.
- The signature of the registered agent accepting their appointment.
- The names, titles, and addresses of all of the members or managers.
- The type of management structure the LLC will follow such as manager-managed or member-managed.
- The date of the LLC's execution.
- The name and signature of the LLC's organizer.
Forms and Fees for Forming an LLC
To form an LLC, you will be required to submit specific forms that should be sent along with any required filing fees. In the state of Connecticut, you must file your articles of organization and submit them with the $120 filing fee that is required to process it. Filing fees are subject to change, so it is important to check with the Secretary of State's Office to verify the most current costs.
Connecticut LLC Requirements
In the state of Connecticut, there are specific requirements that you should be aware of when you form your LLC. Some of the Connecticut requirements include:
- Your LLC must be comprised of one or more members who can be any age or residency status. In Connecticut, all members do not need to be listed in the articles of organization.
- An LLC in the state of Connecticut will be considered to be perpetual unless a limit has been placed on the company's duration. This is normally done by placing a termination or dissolution date when it is formed.
- The articles of organization of an LLC must state the nature of the business that it plans to promote or carry out with its existence. This can be as simple as stating it is formed to engage in lawful acts of business.
- An LLC must state a registered agent who will receive process paperwork on the behalf of the company. The registered agent must be available during normal business hours.
- Though not required by law, it is highly advisable that an LLC create an operating agreement that will discuss how the internal management and affairs are conducted. This can include allocation of profits and losses and structure.
- Processing of filing documents can take up to six weeks depending on the volume they are dealing with though expedited processing is available for a small fee.
- An LLC must follow all of the state's naming requirements which includes the name being original and must include a designator at the end such as LLC or Limited Liability Company. You can reserve your name for up to 120 days.
- An LLC is required to file their articles of organization with the Secretary of State's Office along with the required filing fee.
- Operating agreements are encouraged to detail such critical items as the roles of members, their voting rights, adding and removing members, and who will manage the LLC.
Obtaining Business Licenses
After filing your articles of organization, you will be required to obtain any required business licenses necessary for the operation of your business. Steps you will need to complete to be able to obtain business licenses include:
- Obtaining a federal tax ID number from the IRS.
- Opening a business banking account.
- Registering with the Connecticut Department of Revenue Services or Connecticut Department of Labor if your business plans on having employees.
- Obtaining local or general licenses.
- Getting approval for any zoning requirements to set up your business location.
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