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No, New Jersey statutes do not state that LLCs are required to have an operating agreement.
The short answer is that New Jersey law does not require you to have an operating agreement to form an LLC, but you should have one anyway (and it should be in writing). New Jersey LLCs are governed by the Revised Uniform Limited Liability Company Act (N.J.S.A. 42:2C-1, et seq.).
New Jersey does not require an SMLLC to have an operating agreement. However, even though an SMLLC has just one member, an operating agreement is highly recommended. An SMLLC operating agreement does not need to be filed with the state.
Sole proprietors and single member LLCs do not file a business Income Tax return. They are treated as individuals for Income Tax purposes, and must file an NJ-1040 or NJ-1040NR return to report and remit any net profit earned from the business.
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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It can secure your liability protection. This is crucial to understand, as it's the primary main reason that your single-member LLC needs an operating agreement. Even if an operating agreement isn't required in your state, running your company without an operating agreement could jeopardize your LLC status.
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 to Form a Single-Member LLC in New Jersey Name Your SMLLC. ... Complete the Public Records Filing. ... Prepare an Operating Agreement. ... Do You Need an EIN? ... Register With the Department of Revenue. ... Obtain Business Licenses. ... File Your Annual Report.
The cost to start an LLC (limited liability company) online in New Jersey is $125. This fee is paid to the New Jersey Division of Revenue and Enterprise Services when filing the LLC's Certificate of Formation.
No, New Jersey statutes do not state that LLCs are required to have an operating agreement.

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