An LLC in North Dakota is a formal structure that protects your assets (like your home, car, and bank account) in case your business is sued.
An LLCcan be used to run a business or hold assets like real estate, cars, boats, or airplanes.
There are a few steps to making an LLC in North Dakota:
Check the state’s records to see if the name you want for your LLC is already taken. Next, choose a North Dakota Registered Agent for your LLC.
Send your Articles of Organisation to the Secretary of State and wait for your LLC to be accepted.
There are four ways to file your LLC: online, by mail, by fax, or in person.
No matter how you file, the LLC fee is $135.
If you file online, the state will approve your LLC in 5 business days (after they get your papers).
If you mail your LLC paperwork, the state will accept it in 5 business days (plus the time it takes to get there).
Due to the current state of the world and government delays, it may take longer to file. Please look at how long it takes to get a North Dakota LLC.
Learn more about fees by reading LLC Cost
After your North Dakota LLC is accepted, finish your LLC Operating Agreement and get your EIN Number (also called a Federal Tax ID Number) from the IRS. Next, find out if your LLC needs a Business Licence or any other permits to do business.
You must file LLC Annual Report yearly to stay in good standing with the Secretary of State. The fee for the LLC Annual Report in $50.
And your small business needs to pay any LLC Taxes every year. We suggest getting help from an expert for file an LLC.