What is an LLC?
A limited liability company, or LLC, is a business entity created under state law. It generally provides its owners, called members, with limited liability while allowing flexibility in management and federal tax classification.
Swyft Filings offers LLC formation services in all 50 states. Its formation workflow centers on collecting the required company information, checking the proposed name, preparing the state formation document, reviewing the filing, and submitting it to the state. After approval, an LLC may still have post-formation needs such as an EIN, an operating agreement, a business bank account, licenses, and recurring state compliance filings.
LLC rules are created by state law, so terminology and filing requirements can vary. The document that creates an LLC may be called Articles of Organization, a Certificate of Formation, or a similar name, and the public filing does not necessarily contain every ownership or management detail that the company's internal records should address.