Filing an Oregon LLC
Registering as an Oregon LLC could be beneficial to first-time business owners. The LLC structure provides a significant liability shield, protecting members of the company. Additionally, the process of forming an Oregon LLC is easy, making it the ideal choice to help bring your business dreams to reality.
Steps To Filing an Oregon LLC
Choose A Name
When forming an Oregon LLC, the first thing you’ll need to do is choose a name. The state of Oregon requires its businesses to indicate their corporate structure in their name. Since you’ve elected to file as an LLC, you’ll want to add something like “L.L.C.” or “Limited Liability Company” in the name. Additionally, Oregon does not allow two businesses to have the same name. To prevent this from happening, use the DoMyLLC Name Availability Check Page.
Choose A Registered Agent
After choosing a name, the next most critical step is to find a registered agent to serve on the company’s behalf. Registered agents exist at a physical location in the state and are available during regular business hours. They are responsible for accepting legal correspondence on a company’s behalf and forwarding it to the appropriate owners. A reliable registered agent could improve the likelihood of your company succeeding significantly. Look into hiring a professional third-party company like DoMyLLC to serve as your registered agent.
File Articles Of Organization & Pay Filing Fees
The first paperwork you must file to form your Oregon is the Articles of Organization. You’ll want to submit this form, along with a $100 filing fee, to the Oregon Corporations Division. This form will provide the state with relevant information, such as:
- The name of the company
- Effective date and duration of the company
- Principal office location
- Registered agent information
- Management structure
- Name, address, and signatures of the organizers
- Names and addresses of managers or members
File Initial Report
Although Oregon LLCs do not have an Initial Report, they should be mindful of when to submit the first Annual Report.
Create An Operating Agreement And Hold Meetings
Oregon LLCs will also want to draft an operating agreement. This document outlines how the company will conduct business. When in place, the company can begin holding meetings.
Obtain Employer Identification Number
The IRS provides Employer Identification Numbers to all Oregon businesses. This number is exclusive to your business. You’ll need this number to file taxes and open a bank account for your company.
File State Required Annual Reports
The Oregon Office of the Secretary of State requires businesses to file an Annual Report each year. The report is due on the anniversary of the formation date. There is also a $100 filing fee to submit this form. Although there is no late fee if you do not file on time, the state will dissolve your LLC if you do not register within 45 days.
In addition to Annual Reports, Oregon LLC owners must also file federal, state, and local taxes every year. They must also secure and renew any licenses or permits relevant to the company.
How DoMyLLC Can Assist With Streamlining The Process
No matter if you’re beginning the process of forming an Oregon LLC or are looking for help with maintenance records, DoMyLLC can help. We offer services such as:
- Name availability check
- Articles of Organization preparation
- Filing of the Articles of Organization with the Secretary of State’s office
- Sample documents, including a sample Operating Agreement, meeting notices, and meeting minutes
- Dedicated account manager
- Unlimited customer support
DoMyLLC is the team of experts that can bring your business to the next level. We look forward to helping you soon!