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How do I file an operating agreement for an LLC in NJ?
How to Form an LLC in New Jersey (6 steps) Step 1 \u2013 Registered Agent. Managing members of the LLC must elect a Registered Agent before filing in the State. ... Step 2 \u2013 Choose your LLC Type. ... Step 3 \u2013 File the Application. ... Step 4 \u2013 Pay the Fee. ... Step 5 \u2013 LLC Operating Agreement. ... Step 6 \u2013 Employer Identification Number (EIN)
How important is an operating agreement for LLC?
An operating agreement is a key document used by LLCs because it outlines the business' financial and functional decisions including rules, regulations and provisions. The purpose of the document is to govern the internal operations of the business in a way that suits the specific needs of the business owners.
Does NJ require LLC operating agreement?
No, New Jersey statutes do not state that LLCs are required to have an operating agreement. However, you'll need an operating agreement for several important tasks, like opening a bank account for your LLC and maintaining limited liability status.
Where do I get an LLC operating agreement?
If you're not sure who is serving as the LLC's registered business agent, the information is available through the Secretary of State's office in the state where your business is registered. The same office may also have a copy of your LLC operating agreement, although filing such agreements is generally not required.
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