How to Form an LLC

I am writing this post about how to form an LLC (limited liability company) because of a question that I answered on Quora. Please see What are the basic requirements for forming of a LLC in US? The following is an overview of the steps required to form an LLC properly in the U.S.: Choose the state in which you will form the LLC. It typically makes the most sense to form the LLC in the (principal) state where it will be doing business. Choose a name for the LLC that complies with that state’s requirements. That name must not be the same as, or confusingly similar to, the name of an existing LLC in that state. Determine who the members (equity holders) will be, whether there will be multiple classes of membership interests, the amount and nature of each member’s capital contribution, and the members’ respective voting rights. Determine whether the members, or one or more managers, will manage the LLC. Select a registered agent (or, in California, an agent…

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