How to Start an LLC in Wisconsin

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How to Form an LLC in Wisconsin | Complete Guide
A Step-by-Step Guide

How to Form an LLC in Wisconsin

Forming an LLC in Wisconsin is a great way to start your business while keeping your personal assets safe from liability. Simply follow these easy steps to create your LLC and make sure you meet Wisconsin's requirements.

3 Simple Steps to Create an LLC in Wisconsin

1

Select a Business Name

Choose a unique name for your Wisconsin LLC that complies with state requirements and isn't already in use by another business.

2

Appoint a Registered Agent

Designate a registered agent who will receive legal documents and official correspondence on behalf of your LLC.

3

File with the State

Submit your Articles of Organization to the Wisconsin Department of Financial Institutions along with the required filing fee to officially form your LLC.

Formation Process

Select a Unique Name for Your LLC

Selecting the appropriate name for your LLC is an important first step. The name needs to be distinctive and not similar to any existing business in the state of Wisconsin. One can verify the availability of the desired name through the Wisconsin Department of Financial Institutions' (DFI) online database.

  • Required Words: Your LLC's name should contain "Limited Liability Company" or its abbreviations such as "LLC" or "L.L.C."
  • Prohibited Words: Avoid using words that suggest a government agency, such as "FBI," "State Department," "Commission," or similar terms.
  • Restricte or similar terms.
  • Restricted Words: Do not use words that might confuse your business with a regulated entity, like "bank" or "insurance."
  • Domain Name: It's also a good idea to check if your desired domain name is available, especially if you plan to create a website later.

Appoint a Registered Agent

Every LLC in Wisconsin is required to have a registered agent who will receive key legal papers and state notifications. This may be an individual or a registered agent service with a Wisconsin address.

Agent Requirements

Your registered agent needs to be accessible within normal business hours to accept delivery of documents and must have a physical address in the state. Although you may use yourself or another member of your LLC as your registered agent, many individuals choose to employ a professional registered agent service so that they may be assured and compliant.

Professional Services

Suggested Registered Agent Services:

Best Wisconsin Registered Agent Services

ZenBusiness

ZenBusiness offers streamlined LLC formation services and trustworthy registered agent services. Using ZenBusiness, you can easily handle your LLC's compliance online, and all will go through smoothly. Their registered agent service costs $199 per year.

Pros:

  • Easy-to-use online platform.
  • Comprehensive compliance management.
  • Excellent customer support.

Cons:

  • Some premium features require additional fees.

Northwest Registered Agent

They're renowned for outstanding customer service. Northwest Registered Agent provides LLC registration services and great data security. Their service is inclusive of having easy access to your LLC documents through a safe online portal. Their registered agent service costs $125 per year.

Pros:

  • Privacy-focused service.
  • Experienced team with excellent support.
  • Secure document storage.

Cons:

  • Higher incorporation fees compared to some competitors.

File with the State

After choosing your name and registered agent, you must file your LLC formation papers, also referred to as Articles of Organization, with the Wisconsin Department of Financial Institutions (DFI).

Filing Options

Online Filing: This is the fastest and most convenient method. You can file directly on the Wisconsin DFI website.

Mail Filing: If you prefer to file by mail, you can send your completed forms to:

State of Wisconsin – Dept. of Financial Institutions
P.O. Box 93348
Milwaukee, WI 53293-0348

Filing Fee

The filing fees for Wisconsin LLCs are:

  • Online Filing: $130
  • Mail Filing: $170

Additional Requirements:

  • Operating Agreement: While not legally necessary, it's strongly advised that your LLC draft an Operating Agreement. It specifies how your LLC will operate and the members' roles within it. Particularly necessary for multi-member LLCs.

After Your LLC is Formed – What's Next?

After your LLC is registered, there are some other things to do to keep your business running smoothly.

Separate Personal and Business Finances

It's important to maintain your personal assets separate from your LLC assets. This will ensure that you maintain your limited liability protection and avoid having your personal property in jeopardy in the event of a lawsuit against your LLC.

Open a Business Bank Account

A business bank account separate from your personal account assists you in managing finances, staying organized, and keeping the protection your LLC offers.

Hire an Accountant

Hire an accountant to manage bookkeeping and taxes. An accountant will keep you in line with state and federal tax codes and prevent your business from incurring expensive mistakes. They can also help with IRS compliance.

Consider Business Insurance

Small businesses can experience risks as well. Insurance can provide protection for potential liabilities, either from lawsuits or from the operation of your business. You might also consider workers' compensation insurance if you have employees.

Frequently Asked Questions

What does it cost to register an LLC in Wisconsin?

The online registration fee to register an LLC in Wisconsin is $130. If filing by mail, it is $170.

Do I need a Trade Name (DBA)?

No, the majority of Wisconsin LLCs don't need to file a Trade Name (DBA or Doing Business As). But if you intend to conduct business under an alternate name other than your LLC's legal name, you must file for a DBA.

How long does it take to process my LLC formation?

If you submit online, the processing time is typically 5 business days. If expedited processing is your preference, you may pick up your documents on the same day for a fee.

Can I be my own Registered Agent in Wisconsin?

Yes, you can be your own Registered Agent, as long as you have a Wisconsin physical address and are present during business hours to accept official documents.

Do I require an Operating Agreement for my Wisconsin LLC?

An Operating Agreement is not strictly necessary in Wisconsin, but is strongly advised. This agreement provides details on how your LLC is to be managed and can avert future disputes between members.

What if I must alter my LLC's registered agent?

If you must update your registered agent, you can file a revised statement with the Wisconsin Department of Financial Institutions. There is a minimal fee for doing this.

Do I have to file annual reports in Wisconsin?

Yes, Wisconsin does require LLCs to file an annual report annually to remain in good standing. The fee for filing this report is $25, and it can be done online.

Ready to Start Your Wisconsin LLC?

Forming an LLC in Wisconsin is a straightforward process that can be completed in just a few steps. By following this guide and ensuring compliance with state regulations, you'll be well on your way to establishing a successful business with the liability protection you need.

Get Started Today
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