Limited Liability Company by State
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A limited liability company separates your personal assets from business debts while keeping taxes simple. Pick a state below for fees, steps, registered agent rules, annual reports, and taxes.
What an LLC is
A limited liability company (LLC) is a state-registered business entity that combines liability protection for its owners with flexible, pass-through taxation. Members are generally not personally responsible for the company's debts and lawsuits, and profit is taxed once, on the members' personal returns, unless the LLC elects corporate treatment.
Who an LLC suits
- Solo founders, freelancers, and consultants who want a liability shield
- Small partnerships that want simple, flexible ownership
- Real estate owners and small landlords
- Businesses that may later elect S corporation tax status
How an LLC is taxed
A single-member LLC is a disregarded entity by default, taxed on Schedule C. A multi-member LLC is a partnership for tax purposes. Either can elect to be taxed as an S or C corporation. Read the LLC vs S-Corp comparison to see when the election helps.
How to start
- Choose the state where you operate
- Check and register the LLC name
- Appoint a registered agent
- File the Articles of Organization
- Adopt an operating agreement and get an EIN
The guides below cover each step for your state. For a decision framework first, read how to choose a business entity.
Limited Liability Company fees by state
Frequently asked questions
Do I need an LLC?
If your business carries any real liability risk, an LLC is usually worth the modest cost. See our comparison with a sole proprietorship.
Which state should I form an LLC in?
Usually the state where you live and operate. Forming elsewhere often means paying in two states.
Disclaimer: Legal information, not legal advice. Fees change, so confirm with the state filing office. See our full disclaimer.