Structure and ownership
One or more members may own an LLC. The company record should identify contributions, percentage or unit interests, admissions, transfers, withdrawals, and distributions.
Corporate Services
Limited Liability Companies
An LLC separates the state-created company from its owners while allowing member-managed or manager-managed structures. Formation is only the beginning; the operating and ownership record must remain current.
Management and authority
The intake should identify whether members or managers govern, who may sign, and which decisions require member or manager approval under the operating agreement.
Ongoing records
Maintain accepted formation filings, the operating agreement and amendments, ownership records, consents, resolutions, annual filings, resident-agent details, and major company decisions.
What to consider or prepare
- Preferred and alternative company names
- Formation state, purpose, and effective date
- Business, mailing, and registered-office addresses
- Members, managers, ownership interests, and contact details
- Requested filing, resident-agent, annual, and recordkeeping services
Important: State-law LLC status and tax classification are separate questions. Obtain legal and tax advice for structure, elections, ownership terms, and liability questions.