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How to Start an LLC in North Dakota Choose a Name for Your LLC. Under North Dakota law, an LLC name must contain the words "Limited Liability Company" or one the abbreviations: "L.L.C." or "LLC." ... Appoint a Registered Agent. ... File Articles of Organization. ... Prepare an Operating Agreement. ... Obtain an EIN. ... File Annual Reports.
To give you some background, North Dakota's law provides: \u201cAll corporations and limited liability companies, except as otherwise provided in this chapter, are prohibited from owning or leasing land used for farming or ranching and from engaging in the business of farming or ranching.
The cost to start an LLC (limited liability company) online in North Dakota is $135. This fee is paid to the North Dakota Secretary of State when filing the LLC's Articles of Organization.
An LLC exists separately from its owners\u2014known as members. However, members are not personally responsible for business debts and liabilities. Instead, the LLC is responsible. A sole proprietorship is an unincorporated business owned and run by one person.