Forming An Llc In Wisconsin - Is It Easy?

wisconsin llc

If you are considering starting an LLC in Wisconsin, but don't know how, we'll cover some important issues in this article. An LLC is a corporation in every state. It is an unincorporated body of people who share the same assets, liabilities, revenue, and expenses. A sole proprietorship, partnership, or company may only have one member. A limited liability corporation (also known as an "LLC") has two or more members.

 

A wisconsin llc is filed with the state in which you live by filing an Articles of Organization. The Articles of Organization for your LLC should contain ONLY a complete statement that the LLC is properly organized under Wisconsin Law, the LLC's name, a complete description of its business and owners, and the names and addresses of all managers, members, or agents. It is also recommended that if you have more than one investment or stock holding account, you provide those investors with a list of your personal investments and /or stocks and / or a letter that states under penalty of perjury that you understand and comply with all laws relating to your wisconsin llc. All of this information can be provided on a simple application online. Note: If you have a valid Class C or D license in Wisconsin, you may not require a statement of financial standing as a condition of filing.

 

The next step is to select a registered agent. All LLCs require that there is "agent" listed on the Articles of Organization. Your choices include a physical person, a corporation, a Limited Liability Company, LLC sole proprietorship, or an LLC partnership. Each of these choices requires a minimum of a one-time filing fee and renewal fee when your LLC becomes active under Wisconsin LLC laws. Note: If you have registered your LLC as a Class C or D corporation, you do not need to use a registered agent.

Forming an LLC in Wisconsin - Is It Easy?

 

Next, after you complete the paperwork to incorporate, choose a registered agent service in Wisconsin. All of your paperwork should be filed with the appropriate county in Wisconsin. Note: If you choose to use a registered agent service in Wisconsin, your papers will need to be filed with the circuit court of Wisconsin in order to complete the formalities of incorporating.

 

Once all of your papers have been filed and are filed with the appropriate Wisconsin Department of Financial Services, your LLC will become active under the laws of Wisconsin. As a business entity, it will begin bookkeeping and the reporting of your LLC's income and assets. All members of your LLC will need to register their names as well. Your Wisconsin LLC organizer will also be required to provide a letterhead and two business cards. Your Wisconsin LLC organizer will also be responsible for paying the necessary tax reports to the state and filing your annual reports to the state.

 

After all of these filings have been made, your LLC will become registered with the Wisconsin Corporation Commission. As an entity, your LLC will have the same status as a sole proprietorship or a partnership. It will also be required to file a separate annual report with the state. You will need to arrange an agent or in Wisconsin, a secretary to conduct meetings and general meetings as well as transact business.

 

As a Limited Liability Company in Wisconsin, you will be able to conduct all of your business transactions as a sole proprietorship. As a result, your business name must include the LLC name. A business name cannot be the same as another business name. In order to complete the formation process, your LLC filing must be filed with the Wisconsin Department of Financial Services.

 

As a result, if you are planning on incorporating in Wisconsin, it is important that you are clear on the requirements that you must meet in order to incorporate as a limited liability company. If you fail to follow the law, you can find yourself in serious financial trouble and even spend time in jail. Forming an LLC in Wisconsin takes careful planning and a professional attorney. Failure to follow the law can result in serious legal repercussions, not to mention the loss of your assets, so you need to be extremely careful when forming your LLC.

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