How Long Does It Take to Form an LLC in Tennessee? Forming a Tennessee LLC: Process and Costs

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In total, approvals take 2-3 weeks. Mail filings account for 3-5 day processing time, plus mail time.

I helped clients form multiple LLCs in Tennessee. I consulted with experts to provide how long it typically takes and requirements to complete the process.

Each year, Tennessee LLCs file an annual report and pay the $300 minimum fee to the Secretary of State. To register business taxes, complete a Tax Registration Application for the Revenue Department. Provide information on your business, including name, address, contacts, business type and taxes paying. Once received, the Department will contact you to complete registration.

The cost of filing Articles of Organization forms the bulk of starting a new LLC in Tennessee. The fee is $50 per member, with $300 minimum and $3,000 maximum. You might also do business under a name other than your official registered name. In this case, complete Form ss-4230, Application for Registration of Assumed Name, through the Secretary of State.

I recommend ZenBusiness as the Best LLC Service. Generally, filing online takes 1-3 days versus 1-2 weeks by mail. Let Zenbusiness experts help you decide which permits and licenses you need.

Compliance Requirements

Let’s discuss Compliance Requirements when forming a Tennessee LLC in 2023. It’s crucial to understand and comply with Annual Reports and Tax Obligations to avoid legal issues or penalties.

The processing time for Tennessee LLC formation is typically 7-10 days. Expedited processing is available. Maintaining an LLC includes the $50 annual report fee and costs of licenses and permits.

This article will walk you through forming your Tennessee LLC.

Cost of Starting an LLC in Tennessee

How much does it cost to start an LLC in Tennessee? To start an LLC in Tennessee costs $300, plus an additional $50 filing fee per member, capped at $3,000. Annual costs include a $300 Annual Report fee.

You must appoint a Registered Agent, who receives legal documents for your LLC. Optional costs are reserving your business name for $20 and registering an alternate name for $20. Expedited filing is available.

Steps to Form a Tennessee LLC

To form a Tennessee LLC:

  1. Choose a business name and check availability. Include “LLC” in the name.
  2. Appoint a Tennessee Registered Agent to receive documents.
  3. File Articles of Organization and pay fees between $300-$3,000 based on number of members.

Costs for maintaining a Tennessee LLC include annual fees like the mandatory $300 Annual Report. If you hire a Registered Agent service, expect around a $125 annual subscription fee.

Tennessee LLCs may need to pay business taxes and obtain required licenses and insurance depending on their industry.

LLC Requirements in Tennessee

What are the requirements for an LLC in Tennessee?

Steps to form a Tennessee LLC:

  1. Choose a unique business name ending in "LLC"
  2. Appoint a Tennessee registered agent
  3. File Articles of Organization, pay fees
  4. Obtain employer ID number (EIN)
  5. Set up registered agent service
  6. Open a business bank account
  7. Register with Tennessee Department of Revenue

Benefits of a Tennessee LLC include limited liability protection, tax flexibility, and credibility. Launch Tennessee supports entrepreneurship to help small businesses prosper. With Tennessee’s business-friendly policies, forming an LLC can be easy and advantageous. LLC services are available for support with legal compliance. Take steps to choose a name, assign an agent, file paperwork, and register to form your Tennessee LLC.

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