Each state has different requirements for forming a limited liability company (LLC). Whether you are starting a business or incorporating a business already in existence, you'll want to understand the state requirements for LLC formation.
At BizFilings, we clearly outline our fees and the Tennessee state fees. When you view our pricing to form an LLC you plainly see:
The LLC name must end with "Limited Liability Company," "LLC" or "L.L.C." It must be distinguishable in the Secretary of State's records from any LLC or assumed name of a domestic or qualified foreign LLC, a reserved or registered name under Tennessee law, or the name of a limited partnership or limited liability company. Use of the words "Bank," "Credit Union," "Mortgage" and "Trust" requires approval by the Department of Financial Institutions.
The following are Tennessee’s requirements for the members/managers of LLCs:
The document required to form an LLC in Tennessee is called the Articles of Organization. The information required in the formation document varies by state. Tennessee's requirements include:
Some states require additional filings or steps at the time of incorporation, such as a county level filing, publishing notice of the LLC formation in a local newspaper or an initial report filing. Tennessee requires the following:
Tennessee allows professionals, such as accountants, attorneys and physicians, to form a professional limited liability company (PLLC).
After forming a limited liability company (LLC) , you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability an LLC provides its owner(s). This guide outlines the ongoing requirements for Tennessee LLCs.
The following are taxation requirements and ongoing fees for Tennessee LLCs:
Business licenses and/or permits are required for most businesses. The BizFilings Business License Application Package can help you stay on top of these requirements.
The state in which you form your company can provide certain benefits.
Start your business with confidence. We offer various incorporation packages to get your business up and running. Starting from $99 and includes 6 months FREE Registered Agent services.