Change LLC Name
LLCs are a famous business structure for startups and small businesses. They offer the same tax advantages as corporations but more flexibility in ownership and management.
When you create your LLC, you file articles of organization with the State. These articles tell what type of business entity it is, who owns it, and other essential information about your organization.
Why change articles of organization?
Articles of incorporation are the initial stage in forming an LLC. If you’ve been operating your business under an existing name and have decided to change it, check with your State’s Secretary of State website for the process.
Typically, articles of organization should continuously have updated company names, owners, and manager names and addresses.
The filing fee for changing articles differs from filing fees for new LLCs; check with your State’s office via their website and online forums such as Quora or Reddit to find out how much other businesses there charge to make these changes.
If you’re unsure whether it’s appropriate to change your LLC’s name but still want one that better reflects its mission statement, consider consulting with a professional specializing in small business management strategies.
Restating Your Articles of Organization
Restating your articles of organization is a way to make changes to the information in your Articles that are not allowed through amendment.
If you legally alter your name, if there are other reasons why you need to change the name of your LLC, then restating is required in most states. The specific process for translating varies depending on whether your State allows online filing.
Items in Your Articles of Organization That Are Modifiable like LLC Change to S Corp
You can change the following items in your articles of organization:
- Company name.
If you need to change the company’s name, remember that each State has requirements for transforming a company’s name. You may have to file with your State and the Secretary of State before it will be recognized as valid.
- Registered agent’s name, address, or phone number.
If you want to change any information on your registered agent’s form, such as his address or phone number, you must request an updated document from the State’s office before making any changes.
You should also notify all members in writing once this change has been made.
- Address where business activities take place within this State if different than the mailing address given herein above OR place where business was conducted most recently within the past 12 months before the date of filing Articles Of Organization.
Forms to File Changes
To make changes to your LLC, you must file a Form LLC-10 Restate Articles of Organization, which costs $30 to mail and $15 to submit in person.
This form changes your company’s name, address, or registered agent. It also allows you to amend the articles of organization at any time so long as it does not require a court order.
Suppose you want to make other changes to your LLC’s bylaws or articles of incorporation. In that case, you must file an amendment through Form LLC-2 Amendment to Articles of Organization which requires the same fees as filing for restating themes.
When to Amend LLC Documents
You should amend your LLC documents if there is a change in the company, including:
- LLC change name
- Ownership of the company
- Management of the LLC
- Location of business for an LLC that does not have any fixed place for conducting business.
Conclusion
These are some of the changes you’ll need to make if your LLC changes from a single member to a multi-member or vice versa.
If there are other changes you need to make, talk with an attorney about them before filing so that you don’t run into any problems later on down the road.