If you want to form a business entity that earns a profit, but limits taxes and personal liability, you may want to consider forming a Limited Liability Company (LLC). LLCs also have the same powers afforded to a corporation. Forming an LLC in Vermont is easy, fast, and affordable.
Vermont LLC Costs | |
---|---|
TotalLegal Fee | $99 |
Vermont Filing Fee | $125 |
Total | $224 |
The name of the limited liability company must contain the words "Limited Liability Company" ("LLC" or "Ltd. Liability Co."), or "Limited Company" ("LC" or "Ltd. Co.").
You will need to provide the name and address of your LLC, a business purpose description, the Registered Agent's name and physical address, and the name(s) and address(es) of the member(s) (the owners) of the LLC.
Processing time can vary, but Vermont filings typically take 1-3 business days. When approved, TotalLegal will upload your Articles of Organization to your account, and send you an email letting you know you are approved to do business in Vermont.
It's not hard at all. Each Vermont LLC is required to file an annual report. The annual report is due by March 15 of each year. The fee is $35. The report and the fee can be completed and paid easiy online.
Making changes to your LLC in Vermont is pretty inexpensive compared to other states. Most changes you need to amend your LLC and/or change your Registered Agent can be done online, most for $25.00 or less.
TotalLegal provides your LLC with a free Operating Agreement, which makes opening a bank account for your LLC in Vermont very easy.
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