Starting 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.
The LLC itself does not pay corporate income tax unless it has elected to be taxed as a C corp. It’s a good idea to consult a small business accountant regarding taxes.
Setting up an LLC
- Decide on a name. Check availability through the Secretary of State’s website.
- Get a Registered Agent to act as the primary contact for legal matters.
LLC Types and Important Steps
There are generally two types of LLCs – single-member LLCs and multi-member LLCs.
By following this step-by-step guide, you can easily set up an LLC in Indiana and enjoy benefits like limited personal liability and tax flexibility.
Indiana’s LLC Advantages
Indiana is considered a good state to open an LLC providing benefits such as taxation flexibility and limited liability protection.
Filing Process and Cost
Filing an LLC in Indiana costs $95-$100. While some companies offer "free" LLC formation, you will still pay the state’s filing fee. Online filing takes less than one day, while mail or in-person filings take longer. You can file through the Indiana Secretary of State online portal.