How to Start an LLC in Tennessee: A Step-by-Step Guide

Are you looking to start a limited liability company (LLC) in Tennessee? This guide will walk you through the process of forming an LLC in Tennessee, from choosing a business name to filing the necessary documents.

Step 1: Choose a Business Name

Choose a unique and memorable business name that is not already in use by another business in Tennessee. You can search the Tennessee Secretary of State's website to check if your desired business name is available.

Step 2: Appoint a Registered Agent

Appoint a registered agent to receive legal documents and notices on behalf of your LLC. Your registered agent can be an individual or a business entity.

Step 3: File Articles of Organization

File Articles of Organization with the Tennessee Secretary of State's office to formally create your LLC. You can file online or by mail.

Step 4: Create an Operating Agreement

Create an operating agreement that outlines the ownership structure, management, and financial responsibilities of your LLC.

Step 5: Obtain Any Necessary Licenses and Permits

Obtain any necessary licenses and permits from the state and local government to operate your business in Tennessee.

Step 6: Open a Business Bank Account

Open a business bank account to separate your personal and business finances.

Step 7: Obtain an EIN

Obtain an Employer Identification Number (EIN) from the IRS to use for tax purposes.

Step 8: File Annual Reports

File annual reports with the Tennessee Secretary of State's office to maintain your LLC's good standing.

Conclusion

Starting an LLC in Tennessee is a relatively straightforward process. By following these steps, you can create a successful and profitable business in the state.