North Dakota LLC
What is a North Dakota LLC?
A North Dakota LLC is a form of a business entity that combines the benefits of a corporation with the benefits of a partnership. Corporations provide limited liability to its owners/stockholders (meaning, generally, that the owners are not personally liable for the debts or obligations of the business) while partnerships provide pass-through single taxation to its owners (partners).
Filings Made Easy offers online LLC formation services in all 50 United States plus Washington, D.C. Our services are fast, reliable, and affordable!
Benefits of Forming an LLC in North Dakota (ND):
Taxes: An LLC has the flexibility to be taxed as a sole proprietor, partnership, S-corp or C-corp.
Pass-through Taxation: Typically, LLCs will choose to be taxed as a partnership to avoid double taxation, which occurs in corporations. This allows LLCs to distribute their profit among members who then report it on their personal tax returns. The LLC is not a tax payer, but often is required to file a tax return.
Limited Liability: The owners (members) of the LLC enjoy personal protection against some or all liability of the debts and obligations of the LLC.
Annual reports must be filed each subsequent year by the 15th day of the 4th month following your Limited Liability Company’s end of the fiscal year.
North Dakota LLC Guidelines:
An LLC is formed in the State of North Dakota (ND) when the Articles of Organization are properly filed with the North Dakota (ND) Secretary of State’s office along with the required filing fee. The following information must be included in the North Dakota (ND) Articles of Organization:
-Name of the Company (your company’s name must end in either Limited Liability Company, L.L.C. or LLC)
-The principal address of your business
-The Purpose for which LLC was formed
-Effective date of LLC
-The Time Period in which LLC will be in existence
-Names and Addresses of Organizers
Corporate Filing Solutions’ legal name and address in North Dakota (ND) are:
Corporate Filing Solutions, LLC
1501 N. 12th Street, Suite 1
Bismarck, ND 58501
NOTE: If you choose to use Corporate Filing Solutions Registered Agent services, we can list our North Dakota (ND) office location as your LLCs main North Dakota (ND) address for purposes of receiving important legal documents. This provides you the flexibility to relocate your business within the State of North Dakota (ND) without having to file additional paper work and pay related fees.
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.
Registered Agent Information:
The Secretary of State of North Dakota (ND) requires all LLCs operating within North Dakota (ND) to have a designated registered agent at all times. The registered agent may be any individual or business with a physical North Dakota (ND) mailing address.
Corporate Filing Solutions provides affordable professional Registered Agent services in North Dakota (ND) as well as the other 49 United States and Washington, D.C. Our Registered Agent services cost $99.00 per year. Sign up for CFS’s Registered Agent Services today by clicking “Order CFS Registered Agent Services!”