How to Start an LLC in Wisconsin

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Wisconsin offers a great life quality for those who love nature. Its stable economic climate also allows easy establishment and growth for businesses. Entrepreneurs in Wisconsin can especially benefit from the multiple programs and resources offered by the Wisconsin Economic Development Corporation (WEDC). Moreover, the LLC business structure also brings greater liability protection, tax incentives, and other benefits to small business owners.

So if you want to enjoy a stable economy, low property value, and higher quality of life by starting an LLC in Wisconsin, read on to discover the steps involved:

Choose an LLC Name

To start an LLC in Wisconsin, you must first choose a name for your business. The state requires business names to follow certain rules. Therefore, you may have to tweak the name you chose to comply with these regulations. If you face difficulty thinking of a name, take help from a business name generator for inspiration or ideas.

Once you have chosen a name, you must ensure its availability. If you find that your chosen business name is not available, you must find another name.

Reserve the LLC Name

Once you find an available LLC name you like, you must reserve it to avoid losing it. It only costs $15 to reserve a business name for 120 days in Wisconsin. Reserving a business name takes place online and is easy to execute.

You can reserve your Wisconsin LLC name by clicking here.

Get an LLC Address

Getting an LLC address is essential to start an LLC in Wisconsin. While the address for your Wisconsin LLC can be a residential or out-of-state address, it must be a physical street address and cannot be a P.O. Box.

If you are starting an LLC in Wisconsin from your home, get a virtual mailbox address to protect your privacy. A virtual mailbox address can also prove handy if you move your residence or travel frequently.

Choose an LLC Registered Agent

An LLC registered agent is a person or entity responsible for filing taxes and representing the LLC on its behalf and in official correspondence with the Wisconsin Secretary of State. You can name yourself, a business partner, or a professional registered agent service as your Wisconsin LLC registered agent. However, no matter who you appoint, they must fulfil the following criteria:

  • Must have a physical street address in Wisconsin

  • Must be authorized to conduct business in Wisconsin

  • Must be available and present during business hours

Prepare and File Articles of Organization

Preparing and filing articles of organization is an essential step for starting an LLC in Wisconsin. The articles of organization refer to a form submitted to the Wisconsin Department of Financial Institutions. The form requires basic information about the LLC getting established, such as:

  • LLC name, address, and contact information

  • LLC duration (can be perpetual)

  • LLC management structure

  • Registered agent name, address, and contact information

  • LLC members’ names and addresses

  • Name of the person filing the articles of organization

There are two ways to file articles of organization when starting an LLC in Wisconsin, i.e., online or by mail. The fee for online filing is $130 and through the mail is $170. Since online filing is cheaper and is processed earlier, it is advised you file it online. Click here to file articles or organization for your Wisconsin LLC.

Receive Certificate of Establishment

Though the articles of organization are submitted to the Wisconsin Department of Financial Institutions, it is reviewed by the Wisconsin Secretary of State. Once the form is reviewed and approved, the LLC becomes a legal entity. Upon approval of the articles of organization you submit, you will receive a certificate confirming the establishment of your LLC from the Wisconsin Secretary of State.

Obtain an EIN

EIN, i.e., Employer Identity Number, is a nine-digit unique number that acts like a social security number for businesses. Without this number, a business cannot hire employees, open a bank account, or file taxes. Fortunately, obtaining an EIN is one of the easiest steps in starting an LLC in Wisconsin. Simply register your business with the Internal Revenue Service (IRS) for free and get an EIN for your business.

Create an Operating Agreement

While you don’t need an operating agreement to start an LLC in Wisconsin, getting one can significantly benefit your business. An operating agreement, as its name suggests, contains the operational framework for a business. It includes details on members’ contributions and responsibilities, profit sharing, voting rights, meeting rules and processes for adding or eliminating members, employee recruitment, and terms of the dissolution of the business.

Get the free Wisconsin LLC operating agreement template to make one for your business.

Get a Website and Market Your Business

The above steps will complete the legal process of starting an LLC in Wisconsin. But you also need to get a website and market your business to attract the targeted audience, convert them into customers, and start earning.

However, getting and maintaining a business website and marketing a business are full-time jobs. If you don’t have prior experience building websites or marketing, you may not be able to complete this last step efficiently. Don’t worry! You don’t have to hire full-time employees for these jobs. Instead, you only need to head to Trady.com.

Trady.com is a website-building service dedicated to trades and home services companies. Building a website with Trady.com is cheap, quick, and easy. It brings exclusive features like booking appointments and making payments online. These features make converting the audience into customers easy, resulting in higher profit for your business. Its end-to-end marketing services also spread the word about your business more efficiently. With these and many other features by Trady.com, you will only need to spend ten minutes each day managing your website and business marketing. This way, you can be free to focus on what you do best.

Try the 14-day free trial by Trady.com to get started.