Do I need a lawyer to Form a LLC in Indiana? |
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The short answer is no.
The state of Indiana does not legally require a lawyer to form an
Indiana Limited Liability Company (LLC).
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The short answer is no.
The state of Indiana does not legally require a lawyer to form an
Indiana Limited Liability Company (LLC).
Our detailed LLC Information page may help you understand some
of the implications of forming an Indiana LLC.
However, if there is anything about Forming a LLC in Indiana
that you're not sure about you should seek the advice of a competent Indiana lawyer, an Indiana accountant,
or an Indiana Business advisor before you form a LLC in Indiana.
Once you have made the decision to Form a LLC in Indiana, an Indiana lawyer
can file your documents and act as a middle man for a few hundred dollars an hour; or you can use an online service provider like All Business Documents
to perform these services and save money that you can use in your new
Indiana Limited Liability Company.
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Do I have to Reserve a Company Name before I Form a LLC in Indiana?
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You are not legally required to reserve a Company Name for a new Indiana LLC before you submit your application to
Form a LLC in Indiana.
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You are not legally required to reserve a Company Name for a new Indiana LLC before you submit your application to Form a LLC in
Indiana.
Whether or not you need to reserve a company name for your new Indiana LLC depends entirely on your business situation.
The Indiana Secretary of State uses names on a first come first served basis.
So if you think that someone may snatch the Company Name that you have in mind, you may want to reserve that Indiana Company Name.
Click here for more information on
Indiana Company Name Reservation
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What if the Indiana LLC Name I want is already taken?
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If the Name you have chosen for your new Indiana LLC is already in use by a currently active
Indiana Corporation or LLC, and you still want to use that LLC Name, then you will have to register a DBA Name with the Indiana Secretary of State. "DBA" is an abbreviation for "Doing Business As."
In Indiana a DBA Name is called a Assumed Business Name.
We verify that the Name you have chose for your new Indiana LLC is available before we submit
your new LLC filing to the Indiana Secretary of State.
If necessary we can register a Assumed Business Name in Indiana for you so that you can open your new Indiana business as quickly as possible.
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What do I have to do to Form a LLC in Indiana?
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6 things you have to do in order to Form a LLC in Indiana.
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6 things you have to do in order to Form a LLC in Indiana.
1. Choose a name for your Indiana LLC
2. Select an official address and a Registered Agent for your Indiana LLC
3. Determine who will be Members and who will Manage your Indiana LLC
4. Determine how you want your Indiana LLC to be taxed
5. File Articles of Organization with the Indiana Secretary of State
6. Get a Federal Employer Identification Number (FEIN)
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1. Choose a name for your Indiana LLC
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Your Indiana LLC name can identify the type of products and services your business will provide;
or it may be the name of the founder; or it can be a combination of the two or something else.
In any case, the Indiana LLC name that you choose must be distinguishable from the name of any other registered Indiana LLC or other
registered Indiana business entity, such as a Indiana Corporation or LLP.
The LLC name must also be different from any reserved names on record with the state of Indiana.
Your Indiana LLC name must not imply that it was formed for a purpose other than that stated in your
Articles of Organization;
and your Indiana LLC name must not be a name that is likely to mislead the public.
The name of an Indiana LLC must include the word "LLC" or
"Limited Liability Company" or an abbreviation of one of these words.
It's important to choose a good name for your Indiana LLC because if you want to change it after you
Form a LLC in Indiana you
will have to file amended Articles of Organization with the Indiana Secretary of State (and pay a fee).
We will:
- Check to make sure that your Indiana LLC name is available
- Make sure your Indiana LLC name conforms to state of Indiana regulations
- Reserve your Indiana LLC name with the Indiana Secretary of State
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2. Select an official address and a Registered Agent for your Indiana LLC
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Every Indiana LLC must have an address that is physically located in the state of Indiana.
This address is "registered" with the Indiana Secretary of State.
The Registered Address is where official and legal correspondence can be delivered.
The individual or company that is registered with the state of Indiana to receive all correspondence on behalf of the Indiana
LLC is called a "Registered Agent" or "Agent for Service of Process".
You may act as your own Registered Agent, however, many Indiana LLCs hire a Registered Agent because they don't have a physical
address within the state of Indiana or to provide a distinct level of privacy.
- We can act as the official Registered Agent for your Indiana LLC.
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3. Determine who will be Members and who will Manage your Indiana LLC
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The owners of an Indiana LLC are called Members - not Partners or Shareholders.
(a Indiana Limited Liability Company does not issue stock).
Members make all business decisions and realize the financial benefits generated by the Indiana LLC.
Division of ownership and distribution of profits are decided by private agreement among the Members.
Each Indiana LLC must have at least one Member.
Members need not live in the state of Indiana or be citizens of the United States.
Managers are responsible for the day to day operation of the Indiana LLC.
Members elect or appoint Managers and have the power to remove them.
Managers may or may not be Members of the Indiana LLC.
Management for your Indiana LLC may be defined in your Articles of Organization or, more commonly, in an Operating Agreement.
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4. Determine how you want your Indiana LLC to be taxed
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The IRS does not recognize a Limited Liability Company as a classification for federal tax purposes.
Indiana LLC Members can elect for the IRS to tax the LLC as a sole proprietorship, partnership, C Corporation, or S Corporation.
This decision may be made after the Indiana LLC is created.
If a single Member Indiana LLC does not declare a tax classification it is taxed the same as a sole
proprietorship.
A multiple Member Indiana LLC that does not declare a tax classification is taxed as a general partnership.
More specific federal LLC tax information can be found at the
IRS web site.
- If you choose to be taxed as an S Corporation, we can prepare the S Corporation election form for your Indiana LLC and include it with
your LLC formation documents.
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5. File Articles of Organization with the Indiana Secretary of State
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An Indiana Limited Liability Company is a type of business that is authorized by the state of Indiana - not by the federal government.
In order to form a LLC in Indiana you must file Articles of Organization with the Indiana Secretary of State.
The Articles of Organization must include certain specific information about your Indiana LLC.
If the Articles do not conform exactly to state of Indiana requirements they will be rejected.
You may subsequently amend the Articles of Organization for your Indiana LLC but you will have to pay a fee to the state of
Indiana in order to make the changes official.
- We can prepare and file your Articles of Organization with the Indiana Secretary of State.
We've been doing it for over 10 years.
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6. Get a Federal Employer Identification Number (FEIN)
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A Federal Employer Identification Number, also known as a Federal Tax Identification Number, is used by the IRS to identify a
business entity.
An FEIN is like a Social Security Number for your Indiana LLC.
All Indiana LLCs electing to be taxed as a C-Corporation or S-Corporation are required to have a FEIN.
If you do not elect to have your Indiana LLC taxed as a Corporation you may still need to get a FEIN if it is composed of multiple members or
if you plan to have employees.
If you plan to form a Single Member Indiana LLC you may not need a separate FEIN for the LLC if you have no employees.
The sole Member of a Single Member Indiana LLC may be able to use his or her Social Security Number instead of applying for an FEIN.
You may request a FEIN for your Indiana LLC for banking or state tax purposes, but an FEIN may not be required for federal tax purposes depending
on your business circumstances.
- We can get a FEIN for your Indiana LLC as soon as it is approved by the Indiana Secretary of State.
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What do I have to do after I form my Indiana LLC? |
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5 things you have to do after you Form a LLC in Indiana.
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5 things you have to do after you Form a LLC in Indiana.
1. Conduct an Organizational Meeting and adopt an Operating Agreement
2. Open a Business Bank Account in Indiana for your IN LLC
3. Obtain Business Licenses from the cities and counties in which you plan to do business
4. File the required Indiana LLC reports
5. Keep proper records of your Indiana LLC on file
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1. Conduct an Organizational Meeting and adopt an Operating Agreement
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An Operating Agreement defines the rules by which your Indiana LLC will operate.
It is the core document that is referred to when issues concerning your LLC need to be resolved.
Operating Agreements may include requirements for almost anything that involves the management and operation of your Indiana LLC.
By having an Operating Agreement all Members will be provided with a clear set of rules they have agreed upon thus reducing the likelihood of
disagreement in the future.
Items commonly included in an Operating Agreement for an Indiana LLC:
- Rights and duties of Members
- Member contributions
- Record keeping and reporting requirements
- Distribution of profits
- Allocation of losses
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- Management duties
- Meeting requirements
- Voting requirements
- Admission and termination of Members
- Dissolution procedures
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Although an Operating Agreement is not required in the state of Indiana, if you plan to form a multiple Member Indiana LLC
it is highly advisable to have one.
Having an Operating Agreement will save you a lot of time and money should conflict arise down the line.
As your Indiana LLC grows over time, you may amend your Operating Agreement as necessary.
When your Indiana LLC has an Operating Agreement your business will be governed by your own rules and not some canned business rules created by
the state of Indiana.
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2. Open a Business Bank Account in Indiana
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It's very important that you have a separate business bank account for your Indiana LLC.
Mixing personal and business funds may get you in a lot of trouble with the tax man down the line.
It's a good idea to contact the bank before you open a business bank account for your Indiana Limited Liability Company.
Specific requirements vary from bank to bank.
In most cases you will need a FEIN, a copy of your Indiana LLC Articles of Organization, and a resolution identifying authorized signers
if those names are not listed in the Articles.
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3. Obtain Business Licenses from the cities and counties in which you plan to do business
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Note that forming an Indiana LLC doesn't take the place of obtaining a business license, tax
registration certificate, or other required business permits.
An Indiana LLC merely creates an ownership structure that limits the owner's personal liability.
You may still need to take care of getting set up to do business with your local government.
Depending on the nature of the business and the location of your Indiana LLC you may need to get one or more city
business licenses or permits.
The business licenses or permits that are required for your Indiana LLC vary depending on your business activities
and the specific locations within the state of Indiana in which you want to conduct business.
If your Indiana LLC will be selling products in Indiana you may be required to obtain a Reseller's Permit from the appropriate
Indiana state agency.
If your Indiana LLC will be selling products in Indiana you will also be responsible for all applicable local and state of Indiana
sales taxes if there are any.
- We can research and prepare the necessary forms for your required business licenses and permits and include them in your Indiana LLC package.
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4. File the required Indiana LLC reports
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Each Indiana LLC must file a with the Indiana Secretary of State.
The Indiana includes basic information about your Indiana LLC.
Failure to submit a properly completed Indiana to the Indiana Secretary of State on or before the
due date may subject the Indiana LLC to being administratively dissolved in the state of Indiana or having its authority to
transact business in the state of Indiana revoked by the Indiana Secretary of State.
Penalties may accrue if you fail to file any Indiana LLC to the Indiana Secretary of State
by the due date.
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5. Keep proper records of your Indiana LLC on file
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Keep the following records on file and available at the principal business office of your Indiana LLC:
- Names and addresses of all Members and Managers of the Indiana LLC
- Articles of Organization for the Indiana LLC and any Amendments to them
- Copies of all tax returns and reports for the Indiana LLC for the last 3 years
- If the Indiana LLC has an Operating Agreement, a copy of the Operating Agreement and any Amendments
- Copies of any LLC Resolutions which have been adopted by the Indiana LLC
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What information do I need in order to Form a LLC in Indiana? |
In order to Form a LLC in Indiana you'll need certain specific information about your new Company
including the LLC name and address; and the name and address of the new Indiana LLC's Registered Agent.
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In order to Form a LLC in Indiana you'll need the following information about your new Company:
- The name of your new Indiana LLC along with your second choice of a name in case the name that you want is not available
- Physical addess of the LLC office in Indiana (not a PO Box)
- Name and address of your Indiana Registered Agent (not a PO Box)
- A description of the nature of the business you are planning to operate with your Indiana LLC
- Who is going to manage the day to day operation of your Indiana LLC
- When your Indiana LLC will start and when it will cease to exist (normally the LLC starts on the date the application is filed and will exist perpetually)
You do not have to name the Members of a
Indiana LLC in the Articles of Organization.
While you are not required to name the Members of a new Indiana LLC you still may include Member information with your initial
Indiana LLC filing.
Remember - ALL the information that you provide when you Form a LLC in Indiana becomes part of the public record.
Our data entry forms include the absolute minimum amount of information that is required in order to Form a Limited Liability Company in Indiana.
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How long does it take to Form a LLC in Indiana? |
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Processing times for new Indiana LLC applications vary depending on the work load of the
Secretary of State's staff.
We've found that normal processing of new Indiana Articles of Organization takes the state around 1-2 business days.
Add 2-3 days for the time period for shipping the final documents by mail.
Choosing our Express Mail option can shave a couple of days off the total processing time for your Indiana LLC.
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PLEASE NOTE: WE CANNOT GUARANTEE INDIANA SECRETARY OF STATE PROCESSING TIMES.
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We are dependent on, and have no control over, the staff and systems of the Indiana Secretary of State.
In our experience 1-2 business days is the time it usually takes the Indiana Secretary of State to process
a new Indiana LLC application.
We get your Indiana LLC application to the IN Secretary of State ASAP. Once it is at the state we have no control over the new Indiana LLC application process.
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Are there any Expedited Processing Options for new IN LLC Filings?
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The Indiana Secretary of State does not offer any expedited filing options for new Indiana LLC filings.
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How much does it cost to Form a LLC in Indiana? |
The state of Indiana charges $105.00 to form a new LLC.
This is the cost of filing and getting a Certified Copy of your Articles of Organization from the IN Secretary of State.
If you choose All Business Documemnts to help you form your LLC in Indiana, our processing fees are $125.00.
We start processing your new Indiana LLC order as soon as we get it.
Total cost includes:
- Name Check and Reservation
- Prepare Articles of Organization
- File Articles of Organization with the Indiana Secretary of State
- Certified Copies of Articles
- Indiana LLC Checklist
- Priority Mail Delivery
- Unlimited Customer Support
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Indiana Foreign LLC Qualification |
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You want to do business in the state of Indiana but are registered as a Domestic LLC in another state.
In order to legally conduct business in the state of Indiana you must register with the Indiana Secretary of State as
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You want to do business in the state of Indiana but are registered as a Domestic LLC in another state.
In order to legally conduct business in the state of Indiana you must register with the Indiana Secretary of State as
an Indiana Foreign LLC.
The process of registering as a Foreign LLC in the state of Indiana is called Indiana LLC Foreign Qualification.
The process of Indiana LLC Foreign Qualification is similar to the process of forming a Domestic LLC in the state of Indiana.
Your original formation documents (usually called Articles of Organization) and Corporate Bylaws apply to your Indiana Foreign LLC.
The Members and Managers of your Domestic LLC have the same roles in the Indiana Foreign LLC.
Click here for specific requirements for
Indiana LLC Foreign Qualification.
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