Tennessee LLC Filing Requirements: A Step-by-Step Guide

In Tennessee, forming a Limited Liability Company (LLC) is a popular choice for business owners due to its flexibility and liability protection. However, the LLC filing requirements in Tennessee can be complex and time-consuming if not done correctly. In this article, we will guide you through the Tennessee LLC filing requirements, including the necessary documents, fees, and procedures.

The first step in forming an LLC in Tennessee is to choose a unique name for your business. The name must be distinguishable from other business names on file with the Tennessee Secretary of State and must not contain any words that imply the LLC is a corporation or a partnership. You can search the Tennessee Secretary of State's database to ensure the name is available.

Next, you will need to file the Articles of Organization with the Tennessee Secretary of State. This document is the official formation document for an LLC in Tennessee and must include the LLC's name, address, purpose, and management structure. You can file the Articles of Organization online or by mail, and the filing fee is currently $300.

Once the Articles of Organization are filed, you will need to create an Operating Agreement, which outlines the ownership and management structure of the LLC. This document is not filed with the state, but it is essential for the LLC's internal operations. The Operating Agreement should include the LLC's purpose, ownership percentages, management structure, and other important details.

In addition to the Articles of Organization and Operating Agreement, you will need to obtain any necessary business licenses and permits. The type of licenses and permits required will depend on the nature of your business, so be sure to check with the relevant state and local authorities to determine what is required.

Finally, you will need to obtain an EIN (Employer Identification Number) from the IRS. This is a unique number assigned to the LLC for tax purposes and is required for opening a business bank account and hiring employees.

Overall, the Tennessee LLC filing requirements can be complex and time-consuming, but by following these steps, you can ensure that your LLC is formed correctly and is ready to operate.

Tennessee LLC Filing Requirements Checklist:

• Choose a unique name for your LLC
• File the Articles of Organization with the Tennessee Secretary of State
• Create an Operating Agreement
• Obtain any necessary business licenses and permits
• Obtain an EIN from the IRS

Tennessee LLC Filing Requirements Fees:

• Articles of Organization filing fee: $300
• Business license fees: vary depending on the type of business
• Permit fees: vary depending on the type of business

Tennessee LLC Filing Requirements Timeline:

• File the Articles of Organization: 1-2 weeks
• Obtain an EIN: 1-2 weeks
• Obtain business licenses and permits: vary depending on the type of business