We need to follow specific steps for LLC ecommerce business formation . We can carry out these steps ourselves or hire an LLC filing company to handle the process. Whatever you decide, here is a step-by-step guide to setting up an LLC for your ecommerce business.
Step 1: Select the state
LLC rules are different for every state. So, the first step in the process of creating an e-commerce LLC is to decide which state we want to start an LLC in . The state we select will paytm database affect the local state laws that apply to the LLC and the filing fee you will pay when you form the business entity. State fees vary depending on where you file.
For example, to form an LLC in Florida , we must follow the local rules for LLCs established in Florida, and the rules in other states may vary.
You'll want to set up your LLC in If you form your LLC out of state, you'll still need to register it in the state where you're doing business. Setting it up elsewhere makes it a foreign LLC and creates an extra layer of complexity with taxes and operations.
Step 2: Company name
The business name is the second step in forming an LLC . Forming an LLC provides a separate legal entity for the business, the name selected for the business may be similar or different from the name you are operating under.
The LLC name would be the legal name of the company, and the e-commerce website name would be the brand under which the company does business. It can be similar or different; it's up to you. If your e-commerce company name is different than your LLC name, you may also need to file a DBA as a business activity document. Your company name can, but doesn't have to be, your domain name. So make sure you've thought about your branding beforehand.
For example, to form an LLC in Florida, you must select a unique name for the LLC that is distinctive compared to existing Florida business names. And the business cannot have a designator (ending) that makes it appear to follow a different structure. For example, your LLC name cannot include the following: Inc., Corp., Bank, Trust, etc.
Step 3: Choose an LLC Registered Agent
The third step is to select an LLC Registered Agent. An LLC Registered Agent is an authorized representative who accepts legal documents and state notifications on behalf of the LLC. Once you decide who your Registered Agent will be (this can be an individual or a company that provides a Registered Agent service), you will need to list the Registered Agent on your Articles of Organization paperwork.