North Carolina > Secretary Of State > Limited Liability Company
Guidelines For Organizing Your Limited Liability Company In North Carolina - North Carolina
| Guidelines For Organizing Your Limited Liability Company In North Carolina Form. This is a North Carolina form and can be used in Limited Liability Company Secretary Of State . |
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Organizing Your Limited Liability Company in North Carolina Elaine F. Marshall Secretary of State American LegalNet, Inc. www.FormsWorkFlow.com A Message from The Secretary of State of North Carolina Over the past few decades, North Carolina has earned a reputation on the national and international scale as a desirable place to conduct limited liability company (LLC) organizations, considered some of the most progressive in the entire nation, have helped build that reputation. We here at the Department of t LLC laws work smoothly for our business customers. Organization is one of the biggest steps in setting up an LLC. We want to do everything we can to make a swift, easy process for our customers. This guide, Organizing Your Limited Liability Company in North Carolina is designed to help you through the organization process. We have identified many of the most common questions customers ask during the organization process and have provided detailed answers to them here. At the same time, you should remember that this guide is not intended as legal advice or legal opinion. If you have any questions specifically regarding your business entity, we encourage you to consult an attorney. If you have a general question Corporations Division. You can reach the Corporations Division at: Corporations Division N.C. Department of the Secretary of State PO Box 29622 Raleigh, NC 27626-0622 (919) 807-2225 (888) 246-7636 (919) 807-2039 (fax) corpinfo@sosnc.com www.sosnc.com On behalf of the staff here at the Department of doing business in North Carolina. We look forward to making the organization process a pleasant one for you and your company. Elaine F. Marshall NC Secretary of State Incorporating Your Business in North Carolina ii American LegalNet, Inc. www.FormsWorkFlow.com Introduction Limited liability companies differ from business corporations in many respects. In determining if you wish to establish a limited liability company, you will want to consider many factors, from management structure to tax codes. In making this decision, you may want to consult with an expert such as an attorney, who could help you determine which structure best suits your needs as well as refer to Chapter 57C and 55D of the North Carolina General Statutes, the North Carolina Limited Liability Company Act and Filings, Names, and Registered Agents for Corporations, Nonprofit Corporations and Partnerships respectively. This publication is designed to provide guidance to those interested in organizing a limited liability company and should not be used as a substitute for competent legal counsel. Incorporating Your Business in North Carolina iii American LegalNet, Inc. www.FormsWorkFlow.com Table of Contents Introduction .................................................................................................................................... iii Limited Liability Company Names ................................................................................................ 1 Selecting a Name ........................................................................................................................ 1 Feasibility of a Name .................................................................................................................. 1 Statutory Prohibitions ................................................................................................................. 2 18 NCAC 04 .0502 Words Prohibited in Addition to Statutory Prohibitions ......................... 3 18 NCAC 04 .0503 Deceptively Similar and Distinguishable Names .................................... 4 Putting the Name in Use ............................................................................................................. 4 Articles of Organization .................................................................................................................. 4 Company Name .......................................................................................................................... 4 Dissolution Date ......................................................................................................................... 5 Organizers/Members ................................................................................................................... 5 Principal Office Address ............................................................................................................. 5 Registered Office and Agent....................................................................................................... 5 Managers ..................................................................................................................................... 5 Optional Provisions..................................................................................................................... 6 Powers ......................................................................................................................................... 6 Notarization Not Required .......................................................................................................... 6 Filing the Document ................................................................................................................... 6 Certificate of Authority ................................................................................................................... 7 Company Name .......................................................................................................................... 7 State of Organization and Period of Duration ............................................................................ 7 Principal Office ........................................................................................................................... 7 Registered Office/Agent ............................................................................................................. 7 Managers ..................................................................................................................................... 8 Certificate of Existence ............................................................................................................... 8 Filing the Document ................................................................................................................... 8 Responsibilities of the Company .................................................................
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