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Wouldn’t it be great to be your own boss? Many people have that dream, and now is a great time to start your own Vermont business. It’s pretty simple to begin your own limited liability company (LLC). The first and most important thing to do is file your State of Vermont Articles of Organization that officially creates your LLC with the state. The state of Vermont will provide you with the VT LLC Articles of Organization form when you create an online account with the Vermont Secretary of State’s office. If you’re concerned that it might be too complex, don’t worry. We can help you at each step of the process with our Vermont LLC Formation Service.
Once you fill out and file the Articles of Organization online, your company will be created. Follow this simple guide to help complete your Secretary of State Articles of Organization. Once these steps are completed, there are only a few more simple tasks to complete and you’ll be ready to hang your shingle and begin making money.
Having a creative business name is very important, especially for marketing purposes. You want your name to tell the world what type of business it is, but also be memorable. Vermont has a few rules that you should follow when choosing a name. First, your company’s name has to be unique and not used by any other business in the state. Vermont provides a name search function so you can check if your proposed name is available. The second rule is that the name must include “limited company,” “limited liability company,” “L.C.,” or “L.L.C.”
Different types of LLCs are available in Vermont, and you have to inform the state which one you’re creating. There are professional LLCs that are used for attorneys, doctors, accountants, and other types of professional occupations. Another option is a low-profit or charity company commonly referred to as an L3C. The last option is called a blockchain-based LLC. If your business isn’t going to be any of these things, you don’t have to fill out this section of the Articles of Organization form.
The description of your business can be broad and doesn’t need specifics. For example, if you’re going to be selling products, you can just write on the form “retail.”
Every company that has a business registration with Vermont needs a registered agent. A registered agent is there to officially accept the service of lawsuits and other legal documents that are served on your company. If you don’t know how to find a registered agent, our Registered Agent Service can make it easy to get you set up with a registered agent so you can complete the Articles of Organization form.
On your Articles of Organization, you will inform the state who will be managing the company—either a member (owner) or a hired manager who is not an owner.
In Vermont, the owners of the LLCs are called members. All you have to do is to put the name and contact information of at least one member or owner of the company.
The State of Vermont Articles of Organization gives you the ability to choose when the Articles will be officially active. You can choose the active date beginning upon the filing of the form or at some point in the future.
The preferred way to file the Articles of Organization is through the Vermont Secretary of State’s online filing service. But you can also file the document by mail. You will first set up a business account with the state, and through this account, you can file everything necessary to start your company.
Once the Articles of Organization are filed, most of the hard work is done. There are just a few more steps that you should consider.
The state of Vermont does not require your new LLC to have an operating agreement. An LLC operating agreement is a document that the owners of the company agree upon and sets forth the rules of the company. It should detail how things are going to be run, responsibilities between the owners, and any other issues that the owners think should be put in writing. Even though it’s not required by the state, it’s still a smart idea to spend a little time creating one so that all the members are on the same page.
We can help you create your LLC’s Operating Agreement with our Operating Agreement Template.
An employer identification number (EIN) can be obtained through the IRS. An EIN can also be easily obtained through our Employer ID Number Service. An EIN is considered an identification number for your company, similar to a social security number for an individual. With an EIN, you can file your taxes, obtain business loans, and set up a business checking account.
Even though it might be a long-held dream to be your own boss, creating your company might seem too difficult. But with the help of our business formation experts, you can cut down on the time spent on paperwork and file your documents properly and on time.
You can rely upon our help even after your company is up and running. With our Worry-Free Compliance Service, we can help keep your company compliant every year. Our goal is your success!
Disclaimer: The content on this page is for informational purposes only, and does not constitute legal, tax, or accounting advice. If you have specific questions about any of these topics, seek the counsel of a licensed professional.
The State of Vermont Articles of organization can be modified by filing an Articles of Amendment: Limited Liability Company form. We can help you prepare a single amendment with our Amendment Filing Service, or our Worry-Free Compliance Service includes up to two amendment filings per year.
If you need to officially shut a business down, you can file Articles of Dissolution with the Secretary of State’s office.
The process of setting up a corporation is similar to the process for an LLC. However, you will need to file Articles of Incorporation rather than Articles of Organization, and some of the filing requirements are slightly different. We can walk you through the process with our Vermont Corporation Formation Service.
No. Vermont does not require an LLC to create and file an operating agreement. However, it’s always a good idea to create an operating agreement for your new LLC.
No. You don’t need to hire a lawyer to create an LLC. With the help of our experts, you can easily start your new Vermont LLC and be on the road to success. However, it never hurts to have an attorney look over your documents or provide advice regarding your LLC’s particular needs.