| 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. Click here to find out what a Registered Agent service is and whether you need one. 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.
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