- Step 1: Decide on a Business Name
- Step 2: Complete and File the Articles of Organization
- Step 3: Appoint a Registered Agent
- Step 4: Create an Operating Agreement
- Step 5: Get an EIN
- Step 6: Comply with Licensing & Administrative Requirements
- Liability protection
- Tax flexibility
- Clear business structure
You can get an Indiana LLC online by filing the Indiana Articles of Organization with the Secretary of State Business Services Division. The cost to create an LLC in Indiana is $95 online or $100 by mail or in-person.
To start an LLC in Indiana, you’ll need to complete the Articles of Organization, which is a document that contains information about your business. You can file the Articles of Organization with the Indiana Secretary of State. There is a $50 filing fee. Here are the steps to start an LLC in Indiana:
- Decide on a business name.
An LLC, or Limited Liability Company, blends the simplicity and flexibility found in partnerships with the robust liability protection typically reserved for corporations.
How long does it take to start an Indiana LLC? The processing time for Indiana LLCs varies depending on the workload of the Secretary of State’s office, but it typically takes less than two weeks.
It’s a good idea to speak with an attorney or accountant to find out what else you need to do to dissolve your LLC. How much does it cost to start an Indiana LLC? The filing fee for starting an LLC in Indiana is $90.
You may also need to pay a publication fee of $35-$60, depending on the county where you’re forming your LLC. Business insurance offers protection against financial losses, helps manage risks, and supports growing your Indiana business.
Compared to other regions, Indiana provides a more cost-effective environment for businesses, including reasonable pricing for commercial property, utilities, and labor compensation. If located out of state, you must file foreign qualification with the Secretary of State to register in Indiana.
To incorporate, you must file the articles of incorporation and pay a fee with the Indiana Secretary of State. The articles must contain: name; address; stock structure; registered agent; incorporators.
The Indiana Corporate Adjusted Gross Income Tax is 8.5% flat that applies to corporations in Indiana.
To start a business in Indiana costs $95-100 in state fees depending on the entity.
What is required to start an LLC in Indiana?
To form an Indiana LLC, you’ll need to file the Articles of Organization with the Indiana Secretary of State Business Services Division, which costs $95-$100. You can apply online or by mail.
Is it possible to set up an LLC for free? While there are some companies that advertise “free” LLC formation, what this means is that the company will fill out the LLC paperwork for you for free. But again, you will still be responsible for the state’s filing fee.
What are the different types of LLCs to set up? There are generally two types of LLCs you can set up – single-member LLCs and multi-member LLCs.
Decide on a name. Each LLC in Indiana must have a different name that is not currently in use. Get a Registered Agent. Indiana state laws require every LLC to have an agent.
Starting an LLC in Indiana is a great way to get your business up and running. An LLC does offer personal liability protection, but it is still vital for business owners to get proper insurance for their LLC.
By following this step-by-step guide, you can easily set up an LLC in Indiana and enjoy the benefits of limited personal liability, tax flexibility, and a clear business structure. How long it takes to form an LLC in Indiana for your small business depends on how you file.