Form Oregon LLC- Limited Liability Company
Form Oregon LLC
An LLC (or Limited Liability Company) is a legal organization that provides the owners and the members of board of the organization limited liability with regard to the debts of the business. In Oregon, the Uniform Limited Liability Act states that the name of an LLC must end with any of the suffixes: Limited Liability Company, LLC, L.L.C., LC, or L.C.
Oregon LLC- Minimum Requirements
The requirements to form an Oregon LLC are:
- Articles of Organization
- Certificate of Formation
- Business license
- Contact details of the members of the board
- Name and contact details of the registered agent
- Tax claim information
- Permit of the Secretary of State
- Operating Agreement
After the formation of the LLC, the Oregon Secretary of State will request the recurring responsibilities and duties to be met by the organization and the governing bodies.
a. LLC Fees and Taxes in Oregon
The minimum fee to file an LLC in Oregon is $55. Filings must be done with the Oregon Secretary of State and include the check for the charges. In Oregon, the LLC also enjoys certain tax benefits and discounts including availability of more deductions in successive period of time. The federal income tax department issues the Employer Identification Number that allows you to pay taxes regularly.