State of Washington
Registering your LLC
In Washington
With the 14th largest population in the United States, Washington services both large and small businesses. Washington’s major industries include manufacturing, technology, and tourism. Regardless of your industry, we can help you take advantage of Washington’s business services.
The United States LLC is not a partnership or a corporation; it is a distinct business entity that offers an alternative to partnerships and corporations by combining the corporate advantages of limited liability with the partnership advantage of pass-through taxation.
US LLC’s with non-resident members and which conduct no business in the US and which have no US-source income are not subject to US federal income tax and are not required to file a US income tax return.
US LLC’s are popular vehicles for conducting international business.
Forming an LLC in Washington
Each state has its own set of requirements for businesses that plan on forming a Limited Liability Company (LLC) there. If you decide to form an LLC in Washington, TBA will take care of all the details.
We’ll research the availability of your company name and help you prepare and file your Certificate of Formation with the Washington Secretary of State. We can also take care of many of your company’s follow-up needs, including annual report preparation and filing.
Here are some helpful facts about Washington’s LLC requirements
General
Type of Company | LLC |
Type of Law | Common |
Shelf Company Availability | Yes |
Our Time To Establish a New Company | 2 Days |
Minimium Gorvernment Fees (Excluding Taxation) |
Varies |
Corporate Taxation | Fiscally Transparent |
Double Taxation Treatie Access | Normally No |
Standard Currency | Not Applicable |
Permitted Currencies | Not Applicable |
Minimium Paid Up | Not Applicable |
Usual Authorised | Not Applicable |
Managers
Minium Number | One |
Local Required | No |
Publicly Accessible Records | On Formation |
Locations of Meeting | Anywhere |
Members
Minium Number | One |
Publicly Accessible Records | Varies by State |
Location of Meetings | Anywhere |
Company Secretary
Required | Not Applicable |
Local or Qualified | Not Applicable |
Accounts
Requirements to Prepare | Yes |
Audit Requeriments | No |
Requeriments to File Accounts | No |
Publicly Accssible Accounts | No |
Recurring Government Costs
Annual Return Filing Fee | US$165 |
Others
Requirement to File Annual Return | Yes |
Requirement to File FBAR (Foreign Bank and Financial Accounts) |
Yes, if bank account exceeds $10,000 at any time during the calendar year |
Change in Domicile Permitted | Yes |
How to Register a LLC in Washington
Registration Procedures
Filing of Articles of Organisation or Certificate of Formation with the Secretary of State in the preferred state of formation.
Language of Legalisation and Corporate Documents
English. If any other language is used it must be accompanied by a translation in English.
Registered Office Required
Yes. Must be maintained in state of incorporation/formation at the office of a professional registered agent.
Shelf Companies Available
Yes, for recommended states.
Name Restrictions
Anything identical or similar to an existing company within the state of formation. Additionally, the use of bank, trust, insurance or reinsurance within the name of the LLC is generally prohibited in all 50 states. This is because limited liability companies in most states are simply not allowed to engage in a banking or insurance business.
Language of Name
The name can be in any language. Some recommended states require an English translation.
Suffixes to Denote Corporation
Limited Liability Company and Limited Company or their abbreviations LLC or LC.
Time to Incorporate/Form
Generally 2 days, but must allow an additional 5 – 7 business days for delivery of documentation.
Compliance
US Federal Taxation
US Limited Liability Companies structured for partnership tax treatment with non-resident members and which conduct no business in the US and which have no US-source income are not subject to US federal income tax and are not required to file a US income tax return.However a FBAR form has to be filed each year where the bank account balance exceeds $10,000 at any time.
State Taxation
US limited liability companies that conduct no business in the recommended states of formation with non-resident members are generally not subject to state income tax and are not required to file a state income tax return.
Annual Report and Licence Fees
Tax applicable to Washington LLC’s is US$165
This filing report is filed every two years.
If an LLC is formed prior to June 16 in any given year, it’s first Two-Year Report is due June 16 that same year. It’s next Two-Year Report will not be due for another 2 years. If an LLC is formed after June 16 in a given year, its first Two-Year Report will be due June 16 the following year. Again, its next Two-Year Report will not be due for another 2 years.
Content
- 1 State of Washington
- 2 Registering your LLC
In Washington
- 2.1 Forming an LLC in Washington
- 2.2 General
- 2.3 Share Capital or Equivalent
- 2.4 Managers
- 2.5 Members
- 2.6 Company Secretary
- 2.7 Accounts
- 2.8 Recurring Government Costs
- 2.9 Others
- 2.10 How to Register a LLC in Washington
- 2.11 Registration Procedures
- 2.12 Language of Legalisation and Corporate Documents
- 2.13 Registered Office Required
- 2.14 Shelf Companies Available
- 2.15 Name Restrictions
- 2.16 Language of Name
- 2.17 Suffixes to Denote Corporation
- 2.18 Time to Incorporate/Form
- 2.19 Compliance
- 2.20 US Federal Taxation
- 2.21 State Taxation
- 2.22 Annual Report and Licence Fees
Should you have any question or matter
You would like to discuss or clarify with us
Or
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About our services and fees,…
Our multi-lingual team of business advisors is happy to assist you with all upcoming questions and issues in relation to your application.
You may call or email us, and we will be happy to assist you in a fast and efficient manner.
You can also come and visit our offices to discuss issues face to face if you prefer. Just arrange an appointment and we will be happy to meet with you.
Licensing Services
Our Company Services
Services we DO and Services we DO NOT DO
Our company is EXCLUSIVELY engaged in assisting worldwide clients, either individuals or corporate entities, to get duly and properly registered and licensed with local Regulators and Financial Authorities to get respective official licenses to legally carry out their cryptocurrency business activities.