Do I need a registered agent for my LLC in CT?
Appoint a Registered Agent Every Connecticut LLC must have an agent for service of process in the state. This is an individual or business entity that agrees to accept legal papers on the LLC’s behalf if it is sued.
What taxes does an LLC pay in CT?
By default, LLCs themselves do not pay federal income taxes, only their members do. Connecticut, however, imposes a separate biennial Business Entity Tax (BET). The tax currently is $250 and is payable to the Department of Revenue Services. The tax is due on April 15 of every odd year (2015, 2017, and so on).
Is it worth forming an LLC?
Probably the most obvious advantage to forming an LLC is protecting your personal assets by limiting the liability to the resources of the business itself. In most cases, the LLC will protect your personal assets from claims against the business, including lawsuits. There is also the tax benefit to an LLC.
Is an LLC easy to start?
An LLC is a popular and flexible business option that works well for many small business owners. In most states, LLCs are relatively easy to set up and maintain. However, it’s important to fill out the paperwork properly and have an operating agreement that defines the members’ rights and responsibilities.
Can I be my own registered agent in Connecticut?
In Connecticut, a registered agent can be yourself, another person, or another company in the state of Connecticut. Since another company can serve as a registered agent, that includes a registered agent service. A registered agent service can act as your company’s point of contact and forward notices to you.
How do you start a business in Connecticut?
The first step you should take toward starting a business in Connecticut is creating a detailed business plan. Designing a well-rounded plan is crucial for securing funding, managing cash flow, and tracking your progress as your business grows and evolves.
How to register a LLC in Connecticut?
Forming an LLC in Connecticut Is easy Name your Connecticut LLC. Choosing a company name is the first and most important step of forming an LLC in Connecticut. Choose a Registered Agent in Connecticut. You are required to nominate a registered agent for your Connecticut LLC. File the Connecticut LLC Certificate of Organization. Create a Connecticut LLC Operating Agreement.
How do I create my own LLC?
10 Steps to Setting Up a Limited Liability Company (LLC) 1. Obtain a Copy of Your State’s LLC Articles of Organization Form 2. Choose a Name for Your Business 3. Fill Out the LLC Articles of Organization Form 4. Publish a Notice in Your Local Newspaper 5. Submit Your Articles of Organization Form 6. The LLC Operating Agreement
How do you register a business in CT?
Register your business with the Secretary of State for Connecticut. The forms to register many different types of businesses can be found at the Secretary of State’s website or by contacting the business office at 1-860-509-6003 and requesting the forms be mailed to you.