Filing North Dakota LLC
Young entrepreneurs forming their first business would benefit from doing so as a North Dakota LLC. The process of creating an LLC is simple, which is great for first-time business owners. Additionally, the LLC structure protects owners against liabilities that the business accrues.
Steps To Filing a North Dakota LLC
Choose A Name
To file a North Dakota LLC, you’ll first need to come up with a name. The state of North Dakota does not allow two entities to share a name. To avoid selecting a name that is already in use, you can use DoMyLLC’s Name Availability Check Page. It’s also worth noting that North Dakota requires businesses indicate the fact that they are an LLC in their name. So, when coming up with a name, you’ll want to include something like “Limited Liability Company” or “L.L.C.”
Choose A Registered Agent
After selecting a name for your North Dakota LLC, you’ll need to choose a registered agent. Agents who are trustworthy and reliable could end up becoming a valuable part of your business. This is due to the fact that registered agents are responsible for accepting legal correspondence on a company’s behalf. Because of this, you should consider hiring a professional third-party company to serve as your registered agent. Consider all of your options and check out the registered agent services offered by DoMyLLC.
File Articles Of Organization & Pay Filing Fees
Once you’ve come up with a name and registered agent for your business, you can begin submitting paperwork to form your North Dakota LLC. You’ll need to submit Articles of Organization to the North Dakota Business Registration Unit. When doing so, you’ll also need to include a $135 filing fee. The Article of Organization will contain vital information such as:
- Name of the company
- Address of the principal executive office
- Registered agent name and address
- Effective date, if desired
- Purpose of existence
- Name, address, and signatures of the organizers
File Initial Report
North Dakota LLC owners will not have an Initial Reportbut should pay close attention to the deadlines for the Annual Report.
Create An Operating Agreement And Hold Meetings
Business owners will also want to create an operating agreement. This will help define the corporate structure. Once in play, members can begin holding meetings and logging minutes.
Obtain Employer Identification Number
Employer Identification Numbers are required to file taxes and open a business bank account. You can obtain an EIN from the Internal Revenue Service.
File State Required Annual Reports
The state of North Dakota requires LLC owners to file an Annual Report by November 15 each year. There is a $50 to do so. There is also a $50 fee if you do not file on time. If you do not file within six months, your business may face dissolution. Be sure to check out more on the North Dakota Annual Report page.
Ongoing Maintenance
In addition to the Annual Report, North Dakota LLC owners will also want to make sure that they file taxes and renew their business licenses each year.
How DoMyLLC Can Assist With Streamlining The Process
DoMyLLC has years of experience helping North Dakota LLC owners grow their business with services such as:
- Name availability check
- Articles of Organization preparation
- Filing of the Articles of Organization with the Secretary of State’s office
- Sample documents, including a sample Operating Agreement, meeting notices, and meeting minutes
- Dedicated account manager
- Unlimited customer support
Be sure to contact us today to learn more about how our services could be of benefit. With comprehensive services, we are the one-stop-shop for your administrative LLC needs.