How to form an LLC in Nebraska
Nebraska is an excellent place to form a new LLC: with the second highest business survival
rate and plenty of economic growth prospects, Nebraska ranks fourth in the country for Ease
of Doing Business.
Every state has slightly different requirements for forming an LLC.
Follow along closely to learn the required steps for creating your own Limited Liability
Company in the state of Nebraska.
There are two ways to form an LLC in Nebraska: You can form one yourself, or you can hire
a service to do it for you.
Let’s start by looking at the six basic requirements to form an LLC in Nebraska on
your own:
One: Name your LLC.
You’ll need to choose a company name that complies with Nebraska naming requirements,
and do a name search on the State of Nebraska website to make sure the name isn’t already
taken.
You should go ahead and register the URL for your business website and email as well.
Two: Choose an Agent for Service of Process.
Nebraska requires that you nominate an Agent for Service of Process, otherwise known as
a registered agent, for your LLC.
They are your business’ point of contact with the state.
The registered agent can be an individual within the company including yourself, or
you can hire a professional service authorized to do business in Nebraska.
Three: File the Certificate of Organization.
To register your Nebraska LLC, you will need to file the Certificate of Organization with
the state of Nebraska.
Unlike most states, Nebraska does not provide entrepreneurs with a standard Certificate
of Organization.
Instead, you must create your own Certificate of Organization and file it online with the
Secretary of State.
You should also state whether your LLC will be member-managed or manager-managed.
Member-managed means all members of the LLC manage the company.
This is good for small organizations, where everyone is involved in day-to-day operations.
The second option is manager-managed, where individuals are appointed to manage the LLC.
This is appropriate for larger organizations, where not everyone is involved in the day-to-day
affairs of the business.
Four: Complete Publication Requirements.
Nebraska requires LLCs to publish a Notice of Organization for three consecutive weeks
in a newspaper of general circulation in the county in which an LLC’s principal office
is located.
Then, you will receive an affidavit of publication from the newspaper that you can file with
the Secretary of State.
The Notice of Organization must include the name of the LLC, the street address of the
designated office, and the nature of the LLC’s business.
Five: Create an Operating Agreement.
You should also create an operating agreement to establish ownership terms, member roles,
and operating procedures.
This legal document ensures that all business owners are on the same page and reduces the
risk of future conflict.
A comprehensive operating agreement will further establish your LLC as a separate legal entity,
however, it does not need to be filed with the state.
Six: Obtain an EIN.
Lastly, you’ll need to get an Employer Identification Number, or EIN, from the IRS.
Also known as a Federal Tax Identification Number, your EIN is like a social security
number for your LLC and is important for taxes and banking.
EIN’s are free of charge, and can be obtained from the IRS online or through the mail.
And with that, you will have formed a Nebraska LLC on your own.
Option 2.
Hire a Professional Service
The second way to create a Nebraska LLC is to hire a professional service to create your
LLC for you.
Hiring a professional service to file your forms and act as your registered agent for
the LLC will cost you an additional 50 to 150 dollars.
However, there are several benefits to working with a pro:
A hired registered agent helps with getting your reports filed on time, helps you stay
organized by keeping your business mail separate, and is available at all regular business hours
to accept official mail and legal papers on your LLC’s behalf.
A final and important additional benefit of using a service is privacy: a professional
service will provide a level of privacy by withholding your personal name and home address
from the LLC’s contact information.
There are many reasons you might not want your personal information easily accessible
and associated with your business- hiring a professional LLC formation service is an
easy way to accomplish this.
Now that you have seen the different requirements and ways you can form an LLC in Nebraska,
visit our site and take some time to research your options and establish a solid foundation
for your business activities.
Click on the links in the description below to research the top 5 professional formation
services, or get more information on how to form a Nebraska LLC on your own.
We offer a host of free templates and tools to help accelerate your small business, from
operating agreements to business plans- all free of charge.
Visit us at HowtostartanLLC.com