How to Set Up an LLC in Tennessee: A Step-by-Step Guide?

What is an LLC in Tennessee?

In Tennessee, forming a Limited Liability Company (LLC) is a straightforward process that can be completed online or through a registered agent. This article will guide you through the steps to set up an LLC in Tennessee, including choosing a business name, appointing a registered agent, and filing the necessary documents with the Tennessee Secretary of State.

How do I choose a business name in Tennessee?

Before you begin, you'll need to decide on a business name that is unique and not already in use by another entity in Tennessee. You can search the Tennessee Secretary of State's website to check the availability of your desired business name.

Who can be a registered agent in Tennessee?

Next, you'll need to appoint a registered agent, who will receive legal documents and other important mail on behalf of your LLC. You can appoint yourself as the registered agent, or you can hire a registered agent service to handle this task.

What is the Articles of Organization in Tennessee?

Once you've chosen a business name and appointed a registered agent, you'll need to file the Articles of Organization with the Tennessee Secretary of State. This document will include basic information about your LLC, such as its name, address, and purpose.

Do I need an EIN for my LLC in Tennessee?

After filing the Articles of Organization, you'll need to obtain an EIN (Employer Identification Number) from the IRS. This number is required for tax purposes and will be used to file your LLC's taxes.

What business licenses and permits do I need in Tennessee?

Finally, you'll need to obtain any necessary business licenses and permits from the state and local governments. This may include a sales tax permit, a business license, and other permits depending on the type of business you're operating.

How long does it take to set up an LLC in Tennessee?

By following these steps, you can set up an LLC in Tennessee and start operating your business.