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 Wisconsin is easy, fast, and affordable.
| Wisconsin LLC Costs | |
|---|---|
| TotalLegal Fee | $99 |
| Wisconsin Filing Fee | $130 |
| Total | $229 |
The name of the limited liability company must contain the words Limited Liability Company or Limited Liability Co. or Limited Company or Limited Co., or contain the abbreviation LC, or L.C. or Ltd. Co. or Ltd. Company or Ltd. Liability Co. or Ltd. Liability Company, or end with the abbreviation LLC (without periods) or L.L.C. (with periods).
You will need to provide the name and address of your LLC, the Registered Agent's name, email address and physical address, and the name of the organizer(s) of the LLC).
Processing time can vary, but Wisconsin 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 Wisconsin.
It's not hard at all. Each Wisconsin LLC is required to file an annual report. The annual report is due each year by the end of the filing anniversary quarter. The fee is $25. The report and the fee can be completed and paid easiy online.
Making changes to your LLC in Wisconsin 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 $40.00 or less.
TotalLegal provides your LLC with a free Operating Agreement. Since your approved LLC's Articles of Organization do not list the owners (members) of the LLC, having all of this information in your Operating Agreement will make opening a bank account for your LLC in Wisconsin very easy.
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