How to Set Up an LLC in Milwaukee, Wisconsin
Business owners must file articles of organization with the state of Wisconsin to set up a limited liability company in Milwaukee. Setting up an LLC in Wisconsin provides members of the business with personal asset protection from the company's liabilities and obligations. Furthermore, members of a Wisconsin LLC have the flexibility to choose the company's management structure. LLC formation in Wisconsin creates a business that has a separate legal identity from the members and managers of the business.
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Instructions
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Research business name availability online using the Wisconsin Department of Financial Institutions' corporate registration information system. Contact a clerk of the department at 608-261-7577 to perform a name availability search by telephone. This will ensure that the name of the Milwaukee LLC is available for use in Wisconsin, since two businesses in the state are not allowed to share the same business name. Include the phrase "limited liability company" or the appropriate abbreviation in the legal name of the Milwaukee LLC.
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Complete the Wisconsin articles of organization online, using the Wisconsin Department of Financial Institutions' website, or print the fill-in-the-blank articles of organization. Call 608-261-7577 or write a letter to the department's division of corporate and consumer services at P.O. Box 7846, Madison, WI 53707-7846 to have articles of organization sent by mail. Pick up articles of organization in person at 345 W. Washington Ave., 3rd Floor, Madison, WI 53703.
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Prepare the articles of organization. Include information about the Milwaukee LLC such as the legal name and address of the business, as well as the purpose for forming the company. State the exact date when the company will dissolve, unless the Milwaukee LLC will have an unlimited life. Include the name and physical address of a person or business that will accept the Milwaukee LLC's legal and tax documents. Provide the name and address of each person or business that is responsible for filing the Milwaukee LLC's articles of organization with the Wisconsin Department of Financial Institutions. Indicate whether the company will be managed by the members of the business or by non-members.
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Submit the articles of organization to the Wisconsin Department of Financial Institutions. This can be accomplished by filing them with the department online, by mail or in person. As of 2010, it costs $130 to file articles of organization online or $170 in person at the department's office.
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Draft an operating agreement to establish rules and regulations for running the Milwaukee LLC. The state of Wisconsin does not impose specific guidelines on an LLC as far as creating an operating agreement. Include provisions in the operating agreement such as the manner the company will divide its profits and losses, as well as the procedures that will be used to admit new members. Keep the operating agreement at the Milwaukee LLC's primary business location.
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