If you’re looking to create a new how to start a llc business the ideal way to protect your personal assets from any financial liability. It’s a hybrid structure that offers the organizational flexibility of a partnership and the limited liability protection of a corporation.
Start with a Good Name
The first step to starting an LLC is finding a unique and recognizable business name. It’s important to do a search for the business name you choose to make sure it’s not taken by another entity. Once you’ve found a name that’s available, reserve it with the state by submitting an application for reservation of name.
Articles of Organization and Registered Agent
After you’ve chosen a name, the next step is to file articles of organization with your state. These documents are what officially create your LLC as a legal entity, and they contain the basic details about your business: its name, address, and registered agent.
The Legal and Regulatory Requirements of Starting a Business LLC
Your business’s registered agent must be a local business that can accept official mail and service of process on your behalf. By default, the New York Secretary of State will be your LLC’s registered agent, but you can change this to a local trusted business or an individual that lives locally.
Publication Notices
The New York Department of State requires you to publish a notice about the formation of your LLC in two newspapers for six weeks within 120 days after it’s formed. The newspapers you select may vary by county, but they all have streamlined processes for meeting this requirement.