A Washington state limited liability corporation is an entity formed in or filed for doing business in Washington state. This kind of business entity protects the personal assets of the owner from double taxation by state and local governments and provides individual asset protection. Unlike most business corporations, a Washington state limited liability corporation does not have the right to act as its own legal entity and enjoy privileged tax status. It is neither a public nor private company. Instead, it is considered a partnership.
In order to establish a Washington state limited liability company, one has to decide on the name. The name should be simple and easy to remember. The LLC name is considered acceptable, but it may still be challenged later on. The name of the registered agent should be added as well. All the other necessary formalities can be filed online after making the necessary payments.
The registered agent of a Washington state law is responsible for many things. First, the registered agent must file all of the necessary state filings. These state filings include the LLC's statement of assets and liabilities, annual reports and tax returns, as well as a notice of its meeting. All official proceedings of the LLC are held in this office.
The Fifth Duty of the Registered Agent for a Washington State LLC
Secondly, the registered agent service of the LLC serves as the general counsel for the LLC. This person will negotiate with the government on behalf of the LLC. He prepares all necessary papers and submission forms and represents the LLC in all matters before the courts of Washington. If the state law requires the submission of certain reports to the IRS, the registered agent service of the LLC will prepare and submit these reports.
The third duty of the registered agent is to draft the operating agreement of the LLC. Operating agreements contain all of the essential information regarding the business of the LLC such as the name and address of the LLC, its present status, management and policies, and the names, addresses, and dates of the LLC's meetings. Operating agreements also contain the responsibilities and obligations of each member of the LLC. It also outlines the authority of the LLC and each member's liability for obligations of the LLC.
The fourth duty of the registered agent is to draft the articles of organization of the LLC. Each article of organization must include the name of the LLC, the name of the registered agent, and the name and address of the LLC. All paperwork must be submitted to the office of the Secretary of the State. The articles of organization must include the statement of capital. The most current tax filing status of each member must be indicated. The name and address of the public attorney for questions and answers must also be included in the articles of organization.
The fifth duty of the registered agent for a washington state llc is to register the LLC. To register the LLC, the name of the LLC must be submitted to the Secretary of the State through the prescribed application. In addition to the name, the LLC must also include the complete address of the LLC, the federal tax identification number for the LLC, and the validity of the LLC. All fees payable for filing purposes must be noted and included on the application. The fifth duty of the registered agent for a washington state llc is to file the records of the LLC with the Secretary of the State.
The fifth duty of the Washington State LLC is to maintain contact with the members of the LLC. The contact must be established by email or telephone. Failure to maintain effective communication with the members of the LLC can result in fines or other actions. Each of the five duties enumerated above is a responsibility that the LLC must comply with in order to make sure it is properly registered and operating in the state of Washington.
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