To form an LLC in Wisconsin:
- Name your LLC: There are name guidelines for a proper LLC business name.
- Hire a Registered Agent: To receive legal and tax documents.
- File Articles of Organization: With basic information like the LLC’s name to make it official.
- Create an Operating Agreement: Outlining rules and regulations, although not required.
- Get an Employer ID Number: For tax purposes.
- Open a Business Bank Account
- Obtain Necessary Business Licenses and Permits
LLCs in Wisconsin have benefits like:
- Limited liability protection
- Pass-through taxation
- Flexible management structures
- Simplified recordkeeping
These perks make an LLC attractive for entrepreneurs in Wisconsin. Before forming an LLC, identify your business type to guide planning and assess feasibility. Carefully consider why an LLC suits your needs.