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    信誉群

    信誉群To start a Limited Liability Company in Tennessee信誉群 you will need to file the 信誉群Articles of Organization信誉群 with the 信誉群Tennessee Secretary of State信誉群, with a starting fee of $300 to file. You can apply online, in-person, or by mail. The Articles of Organization is the legal document that officially creates your Tennessee LLC.

    Follow the steps below to form your Tennessee LLC today and get your business up and running.

    Steps to start an L L C in Tennessee

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    After registering a domain name, consider setting up a professional email account (@yourcompany.com). Google's G Suite offers a business email service that comes with other useful tools, including word processing, spreadsheets, and more. Try it for free

    Not sure what to name your business? Check out our LLC Name Generator. Then, create a logo with our Free Logo Generator.

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    信誉群What is an LLC?信誉群

    LLC is short for Limited Liability Company. It is a simple business structure that offers more flexibility than a traditional corporation while providing many of the same benefits. For more information, read our What is an LLC guide.

    Watch our video: What is an LLC?

    信誉群Do I need to get a DBA or Trade Name for my business?信誉群

    Most LLCs do not need a DBA. The name of the LLC can serve as your company’s brand name and you can accept checks and other payments under that name as well. However, you may wish to register a DBA if you would like to conduct business under another name.

    To learn more about DBAs in your state, read our How to File a DBA guide.

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    信誉群Can I be my own Registered Agent?信誉群

    Yes. You or anyone else in your company can serve as the registered agent for your LLC.

    Read more about being your own registered agent.

    信誉群Is a Registered Agent service worth it?信誉群

    Using a professional Registered Agent service is an affordable way to manage government filings for your LLC. For most businesses, the advantages of using a professional service significantly outweigh the annual costs.

    For more information, read our article on Tennessee registered agents.

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    信誉群How long does it take to form an LLC in Tennessee?信誉群

    Filing the Articles of Organization takes 24 hours online, 3 to 5 business days by mail.

    信誉群What is the difference between a domestic Tennessee LLC and foreign LLC?信誉群

    An LLC is referred to as a "domestic LLC" when it conducts business in the state where it was formed. Normally when we refer to an LLC we are actually referring to a domestic LLC. A foreign LLC must be formed when an existing LLC wishes to expand its business to another state.

    Read our What Is a Foreign LLC article to learn more.

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    信誉群Do I need to file my operating agreement with the state?信誉群

    No. The operating agreement is an internal document that you should keep on file for future reference. However, many states do legally require LLCs to have an operating agreement in place.

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    信誉群How do I get an EIN if I don’t have a Social Security number?信誉群

    A social security number is 信誉群not信誉群 required to get an EIN. You can simply fill out IRS Form SS-4 and leave section 7b blank. Then call the IRS at (267) 941-1099 to complete your application. 信誉群Learn more here about applying as an international applicant.

    信誉群What tax structure should I choose for my Tennessee LLC?信誉群

    When you get an EIN, you will be informed of the different tax classification options that are available. Most LLCs elect the default tax status.

    However, some LLCs can reduce their federal tax obligation by choosing the S corporation (S corp) status. To learn more, read our LLC vs S Corp guide.

    信誉群Do I need an EIN for my LLC?信誉群

    All LLCs with employees, or any LLC with more than one member, must have an EIN. This is required by the IRS.N.

    Learn why we recommend 信誉群always信誉群 getting an EIN and how to get one for free in our Do I Need an EIN for an LLC guide.

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    We reviewed and ranked the top 5 LLC formation companies.
    Find out which is best LLC service for you.

    Compare LLC Services

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    Using dedicated business banking and credit accounts is essential for 信誉群personal asset protection信誉群.

    When your personal and business accounts are mixed, your personal assets (your home, car, and other valuables) are at risk in the event your Tennessee LLC is sued. In business law, this is referred to as piercing your corporate veil.

    Additionally, learning how to build business credit can help you get credit cards and other financing in your business's name (instead of yours), better interest rates, higher lines of credit, and more.

    You can protect your Tennessee LLC with these two steps:

    1. Opening a business bank account:

    • Separates your personal assets from your company's assets, which is necessary for personal asset protection.
    • Makes accounting and tax filing easier.
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    信誉群Recommended:信誉群 BlueVine is an 信誉群online bank信誉群 with free business checking and no hidden fees. Great for businesses who do not often deal with cash.

    2. Getting a business credit card:

    • Helps you separate personal and business expenses.
    • Builds your company's credit history, which can be useful to raise capital later on.

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    Improperly signing a legal document as yourself and not as a representative of the business can leave you open to personal liability. When signing legal documents on behalf of your Tennessee LLC, you could follow this formula to avoid problems:

    1. Formal name of your business
    2. Your signature
    3. Your name
    4. Your position in the business as its authorized representative

    See the image below for an example.

    How to properly sign a legal document: 1. Signature 2. Company Name 3. Printed Name 4. A Title

    This ensures that you are signing on behalf of your Tennessee LLC and not as yourself.

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    Depending on the nature of your business, you may be required to register for one or more forms of state tax.

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    If you are selling a physical product, you’ll typically need to register for a seller's permit through the Tennessee Department of Revenue website.

    This certificate allows a business to collect sales tax on taxable sales.

    Sales tax, also called "Sales and Use Tax," is a tax levied by states, counties, and municipalities on business transactions involving the exchange of certain taxable goods or services.

    Read our sales tax guide to find out more.

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    If you have employees in Tennessee, you will have to register for 信誉群Unemployment Insurance Tax信誉群 on the State of Tennessee's Workforce website.

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    Tennessee requires LLCs to file an annual report. This form can be submitted online.

    File your Annual Report

    信誉群File Online with the Secretary of State信誉群

    File Online

    信誉群Fee:信誉群 Filing fee is $50 per member with a minimum fee of $300 and a maximum fee of $3,000. (Nonrefundable)

    信誉群Due Date:信誉群 Due by the first day of the fourth month following the close of the LLC's fiscal year.

    信誉群Late Filings:信誉群 Tennessee does not charge late fees if you miss your filing deadline but may 信誉群dissolve or revoke your LLC after 60 days信誉群 of failing to file an annual report.

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    信誉群What is the Tennessee Franchise & Excise Tax?信誉群

    There is a Franchise & Excise Tax for each LLC formed in Tennessee which varies depending upon your LLC’s income.

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    信誉群What is the taxable rate of LLCs in Tennessee?信誉群

    The franchise tax’s minimum payment is $100, and the rate is .25% of the net worth the LLC or the LLC’s tangible property.

    The excise tax is 6.5% of the LLC’s taxable net income, made in Tennessee.

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    LLCs may face fines and even automatic dissolution when they miss one or more state filings. When this happens, LLC owners risk the loss of limited liability protection. A quality registered agent service can help prevent this outcome by notifying you of upcoming filing deadlines and by submitting reports on your behalf.

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    信誉群Recommended:信誉群 ZenBusiness offers a reliable registered agent service and excellent customer support.

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    After starting a business, two of the most important things you can do are get professional accounting and hire the right employees. Streamlining these processes can save you time and money as your business grows.

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    信誉群What is the minimum wage in Tennessee?信誉群

    The minimum wage in Tennessee is $7.25 per hour.

    信誉群How often do I need to pay employees?信誉群

    Tenessee requires wages to be paid regularly at least twice per month.

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    In the day-to-day of running a business, it's hard to be readily available for new clients or customers who want to contact you. For service-based businesses that don’t already have a brick-and-mortar location, a 信誉群virtual office信誉群 can solve this problem. You can get a dedicated 信誉群business mailing address信誉群 and a 信誉群business phone number信誉群 with call-forwarding so that you never need to worry about losing a potential customer.

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    信誉群Recommended: Opus Virtual Office信誉群 can set up your businesses with a live receptionist and all the perks of a virtual office for a great price of $99/month. Plus, as a visitor of HowToStartAnLLC, you can save $200 today.

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    TRUiC has created video guides to support and reinforce our on-page guides. These videos help to visualize the ideas and lessons that you need to know to create and run a successful business.

    How to Form a Tennessee LLC Video Playlist
    Business Ideas Video Playlist

    Check out our growing library of small business videos on the TRUiC YouTube channel.

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    Forming a foreign LLC allows your company to operate as one entity in multiple states. If you have an existing LLC and want to do business in Tennessee, you will need to register as a foreign LLC. This can be done by mail.

    Register a Foreign LLC in Tennessee

    信誉群File by Mail with the Secretary of State信誉群

    Download Form

    信誉群Fee:信誉群 $50 per member (minimum fee = $300, maximum fee = $3,000) (Nonrefundable)

    信誉群Mail to:
    信誉群6th floor - Snodgrass Tower
    Attn: Corporate Filing
    312 Rosa L. Parks Ave.
    Nashville, TN 37243

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    If at any point in the future you no longer wish to conduct business with your LLC, it is important to officially dissolve it. Failure to do so in a timely fashion can result in tax liabilities and penalties, or even legal trouble. To dissolve your LLC, there are two broad steps:

    • Close your business tax accounts
    • File the Articles of Dissolution

    When you are ready to dissolve your LLC, follow the steps in our Tennessee LLC Dissolution Guide.

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    信誉群LLC: An LLC is a US business structure that offers the personal liability protection of a corporation with the pass-through taxation of a sole proprietorship or partnership.

    DBA: A DBA, or doing business as name, is any name a business operates under that isn't its legal name.

    Partnership: A partnership is an informal business structure owned by more than one individual that doesn't provide personal liability protection.

    Have a Question? Leave a Comment!