Indiana LLC

What is an Indiana LLC?

An Indiana LLC is formed by filing Articles of Organization with the Secretary of State and paying the appropriate filing fee. An Indiana LLC is governed by its Operating Agreement, which is written and agreed upon by its members, and which lays out the management structure of the company. Each member offers a capital contribution in return for an ownership percentage.

Learn more below about the structure of a Indiana LLC and how one is formed.

Indiana LLC Requirements

1. Articles of Organization
2. State Filing Fee of $100.
3. A Registered Agent located in Indiana. See our service here.
4. Beneficial Ownership Information Report filing. Your report must be submitted after company formation starting January 1, 2024.

Indiana LLC Structure

IN Limited Liability Companies are structured legally with the Indiana Articles of Organization for a Limited Liability Company. Like many states, the document for an LLC is short and simple.

• Name and Office
• Registered Agent
• Duration
• Management
• Non Public Contact

Name and Office

The name of the LLC will contain the words “Limited Liability Company” or an abbreviation of the term. The address of the Principal Office will also be included in the first article.

Registered Agent

A commercial agent on file with the state of Indiana will be selected to represent the company or you can use a living person that resides in Indiana. Go with the choice that gives you a professional appearance, go with Corporate Filing Solutions.

Duration

The IN LLC can live a very long life with perpetual status or you can designate a date of the LLCs dissolution.

Management

Management declaration whether the LLC will be managed by its Manager or Managers, or alternatively by a single Member of the LLC.

Contact

A separate non public contact sheet is submitted to receive the return documents and to provide a private e-mail address for the Secretary of State to use with you.

How to File a Indiana LLC

Steps in forming a Indiana LLC:

1. Name Your LLC: When naming your LLC, keep in mind that your choice must meet the standards laid out by Indiana Code 23-18-2-7. As well, your LLC name cannot already be registered by another company in the state. Your name has to be distinguishable from all other entities.
2. File Articles of Organization: To form an LLC, you must file Articles of Organization with the Indiana Business Services Division. This can be filed in person, by mail, or online. There is a $90 filing fee.
3. Appoint an Indiana Registered Agent: When you form an LLC, you are legally required to designate an Indiana registered agent on your Articles of Organization. A registered agent is responsible for accepting service of process on your behalf and ensuring that you are notified when service of process is delivered.
4. Write Operating Agreement: After you form an LLC in Indiana, you will need to write your LLC’s operating agreement. An operating agreement is a document that designates the initial ownership of your company (the members), as well as the management of your business.
5. Open Business Accounts: Your new LLC will need business bank accounts to process payments, debits and credits. Most banks will require copies of your Articles of Organization, operating agreement and an initial resolution authorizing the opening of the accounts.
6. File Biennial Business Entity Report: After you form an LLC, you will be required to file a Biennial Business Entity Report every two years. The report is due on the last day of your anniversary month. There is a $30 filing fee by mail, and a $22.40 fee is you file online.
7. Submit Beneficial Ownership Information Report: You must a file a BOI report with the Financial Crimes Enforcement Network after formation, starting January 1, 2024. The BOI report is free to file and must be submitted online.

Can My LLC Name Include My Name?

Yes. When you form an LLC in Indiana, state law allows you to include the name of an LLC member or manager in the name of your company.

Your business name must also include one of the following: Limited Liability Company, LLC or L.L.C.

Can I Use the Name of Another LLC Already Registered in Indiana?

There are only two circumstances in which you can use the name of an entity already registered in the state:

• You have the written consent of the entity already registered in Indiana
• You have a final court judgment from a circuit or superior court in the state of Indiana that establishes your right to use the name

Indiana LLC Operating Agreement

An Indiana LLC operating agreement is the most important document in your company. A well-written operating agreement not only provides a blueprint for your LLC, it helps you avoid numerous problems further down the line.

An operating agreement should address (but is not limited to):

• Initial Members
• Member Rights and Responsibilities
• Ownership Percentages
• Management Structure
• Member Buy-In and Sell-Out
• Meeting Rules and Procedures
• Conflicts of Interest

Indiana Biennial Business Entity Report and Taxes

After you form an LLC in Indiana, you will be required to file a Biennial Business Entity Report every two years. The report is due by the end of your anniversary month. There is a $30 filing fee if you file by mail. The fee is $22.40 if you file online.

Federal Beneficial Ownership Information Report Filing

As a newly-formed LLC, you’ll probably need to submit a Beneficial Ownership Information (BOI) Report to the Financial Crimes Enforcement Network (FinCEN). The BOI report provides the federal government with basic information about your LLC and the people with the most power over your business decisions and profits. Starting January 1, 2024, this report is due following company formation. This report is a little complicated, but we can make filing painless with our $9 BOI report filing service.

Why Hire Corporate Filing Solutions to Form Your Indiana LLC?

Starting your LLC in Indiana shouldn’t be a hassle or a time consumer. That’s why we offer Filings Made Easy™ to make starting an LLC in Indiana super easy.

Hire us and relax while our filing experts form your new Indiana LLC. Our staff will process orders the same business day as they are received. To make things even easier, we bundle the first year of Registered Agent service and ensure your Indiana LLC comes fully equipped and ready to do its job.

Start your LLC in Indiana and get Registered Agent service for as low as $55 a year.