Articles Of Limited Liability Company

A limited liability company is midway between a private proprietorship and a full-fledged corporation. When you want to convert your private proprietorship to a limited liability company, you have to file Articles of Limited Liability Company.

What are Articles of Incorporation as a limited liability company?

The articles of incorporation as a limited liability company is a document prepared as per the Articles of Incorporation Law. It contains details about the structure as well as the purpose of the company that has to be incorporated. The Articles of Limited Liability Company are to be filed in the office of the appropriate regulatory authority appointed by the state government.

When you file articles of limited liability company, the company becomes a legal entity. A limited legal liability still rests with the owners of the company. This means that while the company can own property and assets in its own name, the owners of the company are still responsible for the way the company acts.

Limited liability company status is suited for those companies in which the owners of the company do not want to lose all control over the company. It is the recommended way for small companies which do not want to go all the way for incorporation.

Articles of Incorporation Examples:

In the state of Maryland, the articles of Limited Liability Company include the name of LLC, purpose of filing as an LLC, address of LLC and details about the resident agent of the LLC. Apart from this, some other details such as addresses are required in articles of Limited Liability Company.

How To File Articles Of Incorporation

The articles of Limited Liability Company are filed before a designated legal authority. In Maryland, this authority is the Department of Assessments and Taxation in Baltimore.

You should contact a commercial lawyer, if you want to file articles of Limited Liability Company in Maryland.

In the state of Georgia, articles of Limited Liability Company are to be filed in the Corporations Division of the Office of Secretary of State. First of all, the company name has to be reserved. This reservation costs $25. In Georgia, it is possible to initiate the filing of articles of incorporation online.

You can get the company name reservation done online. A number is given at the time of reservation of the company name. This number is valid for 30 days. It is to be put on Transmittal Form 231. The form is to be submitted with the articles of Limited Liability Company. The original copy of Form 231 and articles of LLC should then be mailed to the Corporations Division of the Office of Secretary of State alongwith an incorporation fee of $100.

Sample Articles:

In order to get more information about Articles of Incorporation Law and Articles of Limited Liability Company, you should contact a business lawyer working in the US State in which you want to incorporate your Limited Liability Company (LLC).