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Guidelines for forming a Tennessee Limited Liability Company. Your Tennessee LLC can enjoy both the simplified pass through taxation of partnerships and the limited liability of corporations.
An LLC has fewer formalities after formation than a corporation--meaning you can focus on your business and not on paperwork.
Help
protect your personal assets from lawsuits and judgments against your
company by forming a Tennessee LLC. If you neglect to incorporate your
business, you can be held personally liable for business debts
and lawsuits. Find out about forming a legal Tennessee Limited
Liability Company and start your business off on the right track.
LLC Name Requirements
Your corporate name must end with the words Limited Liability Company or an abbreviation of these words (L.L.C. or LLC).
Member/Manager Information
Minimum Number - one or more
Members/Managers- at least one is required to be listed in the Articles of Organization
Residence Requirements - none specified
Age Requirements - none specified
License Requirements
Tennessee requires most businesses to obtain a license and pay a fee if
operating in the state. Please check with the state to make sure your
business is complying with the license requirements for your particular
profession.
Registered Agent
The registered agent may be an individual resident in this state or a
domestic or foreign corporation authorized to transact business in
Tennessee, having a business office identical with such registered
office.The registered agent must have a physical address in Tennessee,
a Post Office Box or Drop Box is not acceptable. If the registered
office includes a suite number, it must be included in the registered
office address.
Tennessee LLC Filing Fees
As of February, 2006, the filing fee for a Tennessee Limited Liability
Company is $50 per member, paid to the Secretary of State, with a
minimum fee of $300 and a maximum fee of $3,000. |