Name available – filing LLC Articles of Organization
August 17th, 2009LLC Name Available
I received back paperwork from the Secretary of State indicating that the names I had inquired about for my LLC were available. (Apparently you can do three name checks on a single form.)
It took 11 calendar days (8 work days) for the letter to go from SLO to Sacramento, be processed, and then come back to me. Not too bad, I guess.
Now that I know the name I wanted is available, I have two option: I can reserve the name ($10) if I’m not going to register the LLC right away. But since I am going to register right away, I didn’t bother and I just sent in my Articles of Organization instead.
LLC – Filing Articles of Organization
The form to organize a California LLC is surprisingly simple – one page long, no complicated questions. Do read up about which management structure you’ll be using though – one manager, more than one manager, or all LLC members – since that will make a difference in how you file for an EIN and such.
They say they’ll authorize two copies of the form at no charge – I wasn’t sure if that was two copies total (one they keep) or two copies in addition to the one they keep. In any event, I sent in three copies of the Articles anyway, in case they do process both additional copies. (Can’t hurt, right?) They finish filling out these forms, sign with the state seal or something, and send back to me to use as proof to banks or other entities that the LLC is real.
Current filing fee for California is $70. I mailed them on Saturday the 15th – we’ll see how long it takes to process.
Next Steps
Once I have an official LLC, I know I’ll have to
- Request an EIN from the Franchise Tax Board .I don’t need one if I have no employees, but often times banks will request it anyway before letting you open a business account. (Should be free.)
- decide which bank I want to use to host my business account (local credit union? Chase-formerly-WaMu?)
- send in form llc-12, Statement of Information, within 90 days (costs $20)