Wisconsin LLC- Limited Liability Company
Wisconsin LLC Formation
Easy guidelines on the required forms and the process required to forming a Wisconsin LLC have been created within the state. Wisconsin has implemented various business-related measures aimed at boosting its economic ranking within the nation to encourage entrepreneurs to invest within the state. One of these measures includes the establishment of the Department of Financial Institution within the state's secretariat to handle the registration of state LLCs.
Forming a Wisconsin Limited Liability Company
- Choosing a Name - This process requires proposing a name for your LLC. The name you choose must be different from any other Wisconsin registered business entity. You can check with the state's name database for availability.
- Registered Agent - Applicants must submit the name and physical address of the initial registered agent.
- Management - Applicants must state the type of management structure the LLC will employ.
- Organizers - The state bylaws require listing the names and addresses of all members of the LLC.
The initial filing fee for the formation of a Wisconsin LLC is $130 and this fee is non-refundable. The typical filing process takes about 4-6 weeks. Upon successful filing, the Articles of Organization give your LLC the legal right to operate the registered name and company within the state. The Articles of Organization offer many key incentives including protection for its owner against personal liability as well as flexible profit distribution to avoid double taxation.