How to set up an LLC

Today a client asked me about the steps needed to set up an LLC for their business in Oregon. The first thing that needs to be done is to decide what to call the name of the business. Then you need to go to the Secretary of State website at http://egov.sos.state.or.us/br/pkg_web_name_srch_inq.login

and see if the name is available.

Once you have decided on the name you will need to file Articles of Organization-Limited Liability Company with the Secretary of State. Here is a link to the website where the forms are that need to be filed. https://sos.oregon.gov/business/Pages/domestic-limited-liability-companies-forms.aspx. Next file the forms either through mail or online here https://secure.sos.state.or.us/oim/login?oimAction=renew&p_a_cd=CBR&p_fp_gurl=https://secure.sos.state.or.us/cbrmanager/login.action. The filing fee is $100. From here a registered agent located in the state must be picked for the company. Though not required it is generally a good idea to also create an operating agreement.

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#organization #settingupanllc