It’s critical to do a name search before registering an LLC name, as the name of each LLC must be distinguishable from other entity names registered in the state. The first step in forming a Massachusetts Limited Liability Company is to make sure the name you want is available. Related: Guide to starting a business in Massachusetts Featured LLC Formation Services So, if the LLC is sued, the owner’s personal assets are usually protected.īesides the liability protection, the Limited Liability Company provides several other benefits over the sole proprietorship, partnership, and corporation because of the multiple tax options, ease of administration, and management flexibility. Unlike a sole proprietorship or partnership, where the small business owner can be held personally liable for lawsuits against the business, the LLC is a separate legal entity that protects the business owner’s personal assets. With a little research, you can learn how to form an LLC in Massachusetts without an attorney. The LLC provides personal liability protection and has the potential to save money on taxes. The Limited Liability Company (LLC) is a popular entity structure for businesses starting in Massachusetts. We’ll cover everything from choosing a name to filing your paperwork with the state. This guide will walk you through the process of setting up an LLC in Massachusetts. A Limited Liability Company (LLC) is a popular option because it offers the benefits of both a corporation and a sole proprietorship/partnership. If you are thinking of starting a business in Massachusetts, you will need to decide what legal structure to use. Chapter 156C, §12.How To Start An LLC In Massachusetts The certificate of organization must be signed by the person forming the LLC.Ī limited liability company is formed at the time of filing of the certificate of organization with the Corporations Division or at any later time specified in the certificate of organization if, in either case, there has been substantial compliance with the requirements of M.G.L. any other matters the authorized persons determine to include therein. the name and business address, if different from the office location, of the person(s) authorized to execute, acknowledge, deliver and record any recordable instrument purporting to affect an interest in real property and 10. The registration may, in addition, include: 9. the name and business address, if different from the office location, of any person in addition to the manager, who is authorized to execute documents to be filed with the Corporations Division, and at least one person shall be named if there are no managers. the name and business address, if different from the office location, of each manager, if any and 8. the name and business address of the agent for service of process required to be maintained by M.G.L. the latest date of dissolution, if specified 6. If the limited liability company is to render a professional service, the certificate of organization shall be accompanied by a certificate of any applicable regulating board that each member or manager who will render a professional service in Massachusetts is duly licensed 5. the general character of its business, and if the limited liability company is organized to render a professional service, the service to be rendered, the name and address of each member or manager who will render a service in Massachusetts, and a statement that the limited liability company will abide by and be subject to the provisions of liability insurance required by M.G.L. the street address of the office in Massachusetts, at which its records will be maintained 4. cannot be the same or deceptively similar to the name of any corporation, limited partnership or limited liability company reserved or organized under the laws of Massachusetts, or licensed or registered as a foreign corporation, foreign limited partnership or foreign limited liability company in Massachusetts, except with the written consent of the corporation, limited partnership or limited liability company.ģ. may contain the name of a member or manager c. must contain the words “limited liability company”, “limited company” or the abbreviation L.L.C., L.C., LLC or LC b. the name of the limited liability company. the federal employer identification number, if available 2. The certificate of organization shall set forth in the order provided: 1. In order to form a domestic limited liability company in Massachusetts, one or more persons must execute a certificate of organization.
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