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
Choosing a Name for Your Washington LLC
First, verifying the Washington Secretary of State’s website to make sure your proposed name is available. 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 permission.
Hold your name if you’re not ready to register immediately; you can maintain it for up to 180 days with a nominal charge.
Designating Your Registered Agent
You must designate a registered agent who serves as your LLC’s official point of contact.
The representative must have a physical location in Washington—P.O. Box addresses are not accepted.
You can be your own agent, hire a registered agent company, or designate someone you trust.
Ensure your someone is dependable and available during normal working hours to accept important notices.
Submitting Your Articles of Organization
After you’ve chosen your registered representative, your next move is to file the Certificate of Formation with the state government.
It's available to complete it online or by mail.
It requires information such as: your LLC’s name, principal address, registered agent’s information, and the members or organizers of the LLC.
Double-check the details here to avoid mistakes. Online filing is processed faster.Remit the cost—$200 online or $180 by mail.
Once accepted, you'll receive a official document confirming your LLC’s official formation.
How to Prepare Your LLC Management Agreement
Although Washington doesn't require LLCs to draft an operating agreement, it’s highly recommended to outline ownership, management, and profit distribution methods.
Additionally helps in preventing disputes and provides clarity on decision-making processes.
If you run alone, drafting an agreement adds credibility and helps your limited liability. You can use a sample or create a custom version to tailor your company needs.
Make certain owners endorse the agreement to confirm everyone’s roles.
Maintaining Your LLC in Washington
After forming your LLC, you must handle ongoing requirements to stay in good standing.
File an yearly report with the state agency and remit the nominal fee.
Obtain an EIN from the IRS for tax purposes.
Set up a business checking account to keep your personal and business finances separate.
Apply for local licenses if required for your business type.
Keep track of due dates to file renewals and update your information to prevent penalties and business closure.
Final Tips
Forming your LLC in Washington can be easy if you follow these steps. Pick a distinctive name, designate a trustworthy registered agent, file your articles documents, and write an operating agreement. Keep up with your annual filings and compliance to maintain your LLC in proper standing. Start your successful business in Washington today!