What Do I Need to Start an LLC in Massachusetts?
It takes some business and legal steps to form a Limited Liability Company (LLC) in Massachusetts. With the professional help of One IBC USA, business owners can ensure that their LLC is formed correctly and according to the current state laws.
Here’s what is required to start an LLC in Massachusetts:
- Choose a Business Legal Name: The name of the LLC must be distinctive, not already used by another Massachusetts business, and contain "Limited Liability Company," "LLC," or "L.L.C" Searching the name database on the Secretary of the Commonwealth's website is suggested before filing.
- Appoint a Registered Agent: An LLC is required to have a registered agent who resides in Massachusetts. The agent will receive legal papers and official correspondence on behalf of the company.
- File the Certificate of Organization: File with the Massachusetts Secretary of the Commonwealth. This form includes such things as the LLC name, business address, registered agent information, and whether the LLC will be managed by members or managers. There is a state filing fee.
- Obtain an EIN (Employer Identification Number): An EIN is issued by the IRS to report employing employees, opening up a business account, and to file federal and state tax returns.
- Secure Necessary Business Licenses or Permits: Depending on the nature of the business and its location, additional state or local licenses may be required.
- Submit the Annual Report: Every Massachusetts LLC must file an annual report on or before the anniversary of its formation date. This filing keeps the company in good standing with the state.
Creating an LLC in Massachusetts is a simple procedure provided that each step is taken appropriately. One IBC USA offers good guidance to ensure total adherence and allow business owners to form a firm business entity within the state.
