2024-2025 Form

What is the Form OR LTD

The Form OR LTD is a specific document used for registering a Limited Liability Company (LLC) in the state of Oregon. This form is essential for individuals or groups who wish to establish a business entity that provides personal liability protection while allowing for flexible management structures. By filing this form, business owners can ensure their LLC is recognized legally, providing a clear framework for operation and compliance with state regulations.

How to use the Form OR LTD

To use the Form OR LTD effectively, individuals must first gather the necessary information about their business, including the proposed name of the LLC, the address, and the names of the members or managers. After completing the form, it must be submitted to the Oregon Secretary of State along with the required filing fee. It is important to ensure that the chosen LLC name complies with state naming requirements to avoid potential rejections during the filing process.

Steps to complete the Form OR LTD

Completing the Form OR LTD involves several key steps:

• Choose a unique name for your LLC that complies with Oregon naming rules.
• Provide the principal office address and any additional addresses if applicable.
• List the names and addresses of the members or managers of the LLC.
• Indicate whether the LLC will be managed by its members or by appointed managers.
• Review the form for accuracy and completeness before submission.

Once completed, the form should be submitted along with the filing fee to the appropriate state office.

Legal use of the Form OR LTD

The legal use of the Form OR LTD is critical for ensuring that the LLC is recognized as a separate legal entity. This form provides the necessary information for the state to create a public record of the LLC, which is essential for limiting personal liability for the business's debts and obligations. Properly filing this form also helps in establishing credibility with clients, suppliers, and financial institutions.

Filing Deadlines / Important Dates

While there are no strict deadlines for filing the Form OR LTD, it is advisable to complete the registration as soon as the decision to form an LLC is made. Delaying the filing may lead to missed opportunities for business operations or compliance issues. Additionally, annual reports must be filed to maintain the good standing of the LLC, which also has specific deadlines that should be monitored.

Required Documents

When filing the Form OR LTD, certain documents may be required to accompany the form, including:

• A completed Form OR LTD itself.
• Payment for the filing fee, which can vary based on the method of submission.
• Any additional documentation that may be required depending on the nature of the business or specific state regulations.

Ensuring all required documents are included will help prevent delays in processing the application.

Who Issues the Form

The Form OR LTD is issued by the Oregon Secretary of State. This office is responsible for processing the registration of LLCs and maintaining records of all business entities operating within the state. It is important to refer to the official state website or office for the most current version of the form and any updates to the filing process.