The first step to filing a Nebraska LLC is to pick a valid name for your business. Primarily, the name of your LLC should contain any of these words: ‘Limited Liability Company’, ‘L.L.C.’ or ‘LLC’. For the name to be valid as well, it should be uniquely distinguishable from any other business entity currently registered with the Nebraska Secretary of State.
To confirm if the Nebraska LLC you have is valid, you can check if the business name is valid through the Nebraska name search database. If the name is valid, you can have it reserved by filing for an Application for Reservation of Limited Liability Company Name good for 120 days.
This is to be filed with the Nebraska Secretary of State through postal mail with the enclosed $15 filing fee, which is $10 for the standard fee and $5 for every additional page.
When starting an LLC in Nebraska, it is a must to hire the services of a Registered Agent. This Registered Agent is in charge of accepting legal notifications as a representative of your business.
A Nebraska resident or a duly registered business entity can be a Registered Agent. A physical street address has to be provided by the Registered Agent since this address will be used when legal notifications will be sent out. The Registered Agent also has to agree to accept these legal notices on behalf of your business prior to designation.
To register an LLC in Nebraska, a Certificate of Organization must be filed to the Secretary of State of Nebraska. Although there is no standard form for this document, it must include the complete name and address of the LLC and the complete name and address of the Nebraska Registered Agent.
For professional service-oriented LLCs, the members, managers, and employees should also be listed in the Certificate of Organization. The Nebraska LLC filing should be done through postal mail or online using a pdf version of the document.
Fee for filing the LLC: $100 plus an additional $5 per page.
An Employer Identification Number should be obtained for your Nebraska LLC. This LLC EIN is a vital part of the existence of your business. Almost all transactions require an EIN so you should obtain one now.
There are a number of ways to get a Nebraska EIN, but the easiest and most convenient for free can be done through IRS’ online application.
As a new entrepreneur, keeping your business and personal finances separate is extremely important. This will make tax time and any other profit and loss research much less stressful.
Do this by opening a separate business bank account to operate with. From Bank of America to Chase, there are many options. Check out this roundup for our favorite picks.
Now that you have followed the steps above, you are officially a Nebraska LLC. Other than those 5 steps that are based on state guidelines, here are the additional steps that you should take care of.
When you’re planning on starting a Nebraska business, there should be strategic plans and methodologies you must put in place to guarantee a successful startup, not just for the mean time, but for the long run. One of these is to write a business plan.
This business plan will serve as the compass of your Nebraska LLC, paving the right path to accomplish business goals and move closer to success. Below are some resources that you can use to get started on your Nebraska LLC business plan.
When you’re incorporating an LLC in Nebraska, you should also recognize responsibilities that come with being a business owner. On top of this list is taking care of your Nebraska LLC tax deliverables.
There are several tax obligations that you should take care of for your Nebraska LLC, so take time to familiarize yourself with the tax system of Nebraska. In addition, our guide on Nebraska Business Taxes provides an overview of some of the common Nebraska LLC taxes you need to file for.
Next up in starting an LLC in Nebraska is to obtain the required Nebraska business licenses and permits to legally operate. There are several licenses and permits that range from the federal, state, and local levels. All these should be successfully completed to maintain good standing with the state.
To help sort out your Nebraska business license requirements, our Nebraska Business Licenses and Regulations guide features a number of resources to help you complete this task.
Instead of an Annual Report, the state requires that you file for a Biennial Report as part of the requirements for maintaining an LLC in Nebraska.
This report is to be filed to the Nebraska Secretary of State every two years until the closure of your Nebraska LLC. The filing is done through an odd number years’ scheme, and the next report begins January of 2017. The due date for the report is April 1. This should be filed through postal mail or online application.
A notice will be forwarded to your Registered Agent’s address along with the corresponding filing fee.
An LLC Operating Agreement is not a state-mandated requirement, but it is a crucial document to the smooth operations of your LLC. An Operating Agreement sets an organized structure to the financial and managerial relationships of the LLC’s co-owners in such a way that it benefits the business best.
An Operating Agreement also safeguards your LLC’s limited liability status. Further, it supersedes any state default rules in cases where there’s a misunderstanding or problems arising in your LLC. To give you an idea on how to write an effective Operating Agreement, you can use Rocket Lawyer’s fully customizable Operating Agreement.
Nowadays, if you want your business to be taken seriously, build a professional website. WordPress is the platform for the non-tech savvy entrepreneurs.
WordPress is easier to build and install compared with other content management platforms. It is best partnered with Bluehost, a reliable web hosting service that has 1-click to install option for WordPress and has 24/7 online customer service.
See how to start a website through this step-by-step guide.
This guide is intended for information purposes when starting an LLC in Nebraska and is not legal advice. You should always go to your lawyer for matters about specific questions on how to form an Nebraska LLC.