Indiana LLC Formation
If you want to form a business entity that earns a profit, but limits taxes and personal liability, you may want to consider forming a Limited Liability Company (LLC). LLCs also have the same powers afforded to a corporation. Forming an LLC in Indiana is easy, fast, and affordable.
| Indiana LLC Costs | |
|---|---|
| TotalLegal Fee | $99 |
| Indiana Filing Fee | $97.14 |
| Total | $196.14 |
Naming the LLC
The name of the limited liability company must contain the words “limited liability company” or the abbreviation “L.L.C.,” or “LLC”.
Required Information
You will need to provide the name of your LLC, the Registered Agent's name and physical address, and the name of the member(s) (the owners of the LLC).
Steps to Forming a Indiana LLC
- Complete the TotalLegal online interview.
- TotalLegal performs an LLC name availability search.
- TotalLegal will file your LLC with the Indiana Secretary of State.
When approved, TotalLegal will upload your Articles of Organization to your account, and send you an email letting you know you are approved to do business in Indiana.
Indiana LLC Advantages
- Indiana LLCs are usually approved in 5-10 business days.
Maintaining an Indiana LLC
It's not hard at all. Each Indiana LLC is required to file a business report every two years. The business report is due in the month the LLC was formed. The filing fee is $50 if filed by mail, or $31 if filed online.
Making Changes to Your LLC
Making changes to your LLC in Indiana is pretty inexpensive compared to other states. Most changes you need to amend your LLC and/or change your Registered Agent can be done online, most for $30.
Why use TotalLegal?
TotalLegal provides your LLC with a free Operating Agreement. Since your approved LLC's Articles of Organization do not list the owners (members) of the LLC, having all of this information in your Operating Agreement will make opening a bank account for your LLC in Indiana very easy.