Form Vermont LLC- Limited Liability Company
To form an LLC in Vermont, you first need to choose a name for your business. Make sure it is different from the name of any other business entity registered with the Vermont Secretary of State. Further, your LLC name must contain the full word or abbreviation LLC, Ltd. or LC.
Filing the Formation Document
The formation document in the state of Vermont is known as the Articles of Organization. You need to file the Articles of Organization with the Vermont Secretary of State. Before filing the Articles of Organization, make sure the document has your LLC name, address, objective and the name and address of your registered agent.
Operating Your LLC
You should create an LLC operating agreement in order to make the operation of your business easier but, it is not mandatory according to state law. You do not need to file the LLC operating agreement with the Secretary of State. If your main objective is to retain your LLC status as a separate entity, it is quite vital that you satisfy certain eligibility criteria. This includes managing financial records and recording minutes of all the important meetings. It is the responsibility of a member of the board of directors to record meeting minutes.