Form Colorado LLC- Limited Liability Company
Form Colorado Limited Liability Company
A Colorado Limited Liability Company (or LLC) in Colorado provides opportunities to avail the flexibilities of pass-through taxation and enjoy limited liability against business debts. With major focuses in the sectors of technology, mining and manufacturing, Colorado houses several large and small businesses.
Colorado LLC- Minimum Requirements
The minimum requirements to form a Colorado LLC are:
- Articles of Organization
- Certificate of Organization
- Permit and license from the State
- Annual tax report
- Company name
- Registered agent details
- LLC filing fee
When forming an LLC in Colorado, the most important aspect is finding a suitable name that can be used to file the articles of organization. This name must be unique and should not match any existing legal authorized organization in the State. The name must also have a suffix like Limited Liability Company, Ltd. Liability Co., LLC, L.L. C., L.C., or Ltd.
The registered agent for your LLC may be a resident of the state or a domestic or foreign corporation authorized to conduct business in Colorado. The registered agent must also have a physical address in Colorado.
Taxation and LLC Filing Fee
The taxation policies of Colorado provide tax exemption and tax deduction facilities to the owners and members of board of an LLC. The pass-through taxation policies allow owners to account profit and loss on their personal tax return. The LLC filing fee in Colorado is $50 and is required to prepare the articles of organization with the Colorado Secretary of State.