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
Selecting the Right Name in Washington
Begin by checking the Washington Secretary of State’s online database to ensure your proposed name is available. Your LLC’s name must contain “Limited Liability Company,” “LLC,” or “L.L.C.”.
Avoid misleading words or suggest official affiliation. Don’t using prohibited terms like “bank” or “trust,” unless special authorization.
Secure your name if you’re not ready to register immediately; you can maintain it for a maximum of 180 days with a nominal charge.
Designating Your Registered Agent
You must designate a registered agent who acts as your LLC’s official point of contact.
Your representative needs a actual address in Washington—P.O. Box addresses are not accepted.
You can act as your own agent, hire a professional service, or designate someone you trust.
Make sure your someone reliable and during normal working hours to accept important notices.
Filing the Certificate of Formation
Once you’ve designated your official representative, your next move is to submit the Articles of Organization with the Washington Secretary of State.
It's available to fill out it online or by mail.
You’ll need details such as: the name, main address, agent’s information, and the members or organizers of the LLC.
Double-check the information to avoid mistakes. Online filing is processed quicker.Remit the cost—$200 online or $180 by mail.
Once accepted, you'll receive a stamped document confirming your LLC’s official existence.
Drafting an Operating Agreement
Although Washington does not mandate LLCs to draft an operating agreement, this document is highly recommended to define members’ shares, management, and loss distribution methods.
Additionally helps in avoiding disputes and provides transparency on operating procedures.
If you operate alone, creating an agreement provides credibility and protects your limited liability. You can get more info download a template or create a custom version to fit your company needs.
Ensure owners sign the agreement to bind everyone’s responsibilities.
Completing Final Steps and Ongoing Compliance
Once your LLC is, you must manage ongoing obligations to stay in good standing.
Submit an Annual Report with the Washington Secretary of State and remit the small cost.
Secure an EIN from the IRS for federal filings.
Open a separate checking account to keep your personal and company finances separate.
Secure state licenses if required for your business type.
Stay on deadlines to submit renewals and update your information to prevent penalties and dissolution.
Summary
Forming your LLC in Washington is straightforward if you follow these steps. Choose a unique name, appoint a reliable registered agent, submit your formation documents, and draft an operating agreement. Keep up with your annual filings and compliance to keep your LLC in good standing. Begin your successful venture in Washington today!