Overview of LLC Domestication
LLC domestication in Massachusetts means changing the location or domicile of your LLC from any state into Massachusetts. Below, we explained the process of transferring an LLC from any state to Massachusetts via MA LLC domestication in 3 steps.
Step One
- Acquire a Certificate of Good Standing.
Starting an LLC in Massachusetts requires a registered agent to accept legal papers if necessary. A registered agent is responsible for accepting legal documents for your LLC, including service of process notices and other legal notifications.
LLC Registration and Operation
For an existing LLC to do business in Massachusetts, register it as a foreign LLC by filing a certificate of registration. Registering as a foreign LLC allows your business to operate legally and access the markets within Massachusetts. This can help expand your customer base, form partnerships, and increase revenue.
When a business is incorporated as an LLC, it is provided with its own legal identity separate from its owners and managers. LLCs offer limited liability protection for their owners, which means the owners’ personal assets are protected from the LLC’s creditors and any lawsuits filed against the LLC.
Starting an LLC in Massachusetts costs, at minimum, $500, which is the fee required to file your Certificate of Organization with the Massachusetts Commonwealth Corporations Division. Yes, all LLCs incorporated in Massachusetts must name a resident agent—with an in-state local address.
Formation of Massachusetts LLC
Learn how to form a domestic or foreign limited liability company (LLC) in Massachusetts. Forming a Massachusetts LLC involves:
- Choosing a business name.
- Designating a registered agent.
- Submitting a Certificate of Organization.
Requirements vary slightly for domestic LLCs organized in Massachusetts versus foreign LLCs registered to do business in Massachusetts after being formed in another state.
Business owners should understand Massachusetts LLC costs and maintenance requirements. Taxes may include income taxes, employment taxes, and fees. Annual filings help keep an LLC in good standing.
Entrepreneurs from other states looking to operate in Massachusetts must register their foreign LLCs, by submitting an Application for Registration and paying the $500 fee. It is crucial to comply with Massachusetts’ business, tax, and compliance laws to maintain good standing.
Forming an LLC or registering a foreign LLC to conduct business in Massachusetts provides owners with limited liability protection, separating personal assets from business debts and claims. Compared to sole proprietorships or partnerships, LLCs offer better protection for owners from personal liabilities.