How to Set Up an LLC in Connecticut

by | LLC Center

How to set up an LLC in Connecticut

We’ve put together a free step-by-step guide on how to set up an LLC in Connecticut. We want you to have a clear idea of how to set up and manage an LLC for your state. We’ve tried to make sure you have the information you need right at your fingertips. Each step has instructions and links to the sites for you to fill out the forms in the correct order. So, let’s set up your Connecticut LLC right now! 

A few points to remember before setting up your LLC in Connecticut  

When you set up an LLC in Connecticut you’ll need a few things before you get started.  This section will help you get your checklist in order.

A Unique Business Name 

Every business in the state must be unique. You’ll need to search for a Connecticut LLC name. Go to Connecticut: Business Records Search to make sure yours is not taken. 

An LLC Designator 

Once you’ve chosen a unique business name you’ll need to decide on your LLC designator.  When you set up your LLC in Connecticut.  You can chose one of the ones below.

 

  • LLC (most common)
  • L.L.C.
  • Ltd. Liability Co.
  • Ltd. Liability Company
  • Limited Liability Co.
  • Limited Liability Company 

A Registered Agent 

In most states, a registered agent is a person or a company that accepts “Service of Process” for your Connecticut LLC. A registered agent will receive any subpoenas, notices, and other legal, and tax documents sent to your business by the Connecticut Department of Revenue Services. 

If you’re opening a business in Connecticut but you aren’t a resident, you’ll need to get a registered agent in that state.  The requirements for a registered agent are as follows: 

An Individual: 

  • Must be 18 and be a resident of the state 
  • Must be authorized to do business in the state. 
  • Must have a physical street address located in Connecticut  

 A Company 

  • Must be authorized to do business in the state 

If you meet the above criteria, you can be your own registered agent. Or you can set up a friend or family member to be your registered agent. 

You can also hire a commercial Registered Agent. A company that provides their name and address to receive legal documents from the state. 

Hot Tip

The nice part of using a company is that their address is used instead of yours. As the business address will be public knowledge. By using a registered agent, you can protect and secure your own address.  

Step 1: File Your Certificate of Organization in Connecticut  

Setting up an LLC in Connecticut is easy, especially for single-member LLCs. Just go directly to the Connecticut Secretary of State.    

You can do the name reservation and the Certificate of Organization at the same time.  Easy peasy.  

If you don’t want to file online, you can download and fill out the Certificate of Organization here. It takes 7 to 10 days to get the approval back by mail while 2 to 3 days online.  

Fees: In Connecticut, the cost of setting up your LLC and filing the certificate of Organization is $120.00.  

Step 2: Complete Your Connecticut LLC Operating Agreement 

 

An operating agreement is a key document used by LLCs and partnerships. It outlines the business’ financial and functional decisions including rules, regulations, and provisions. This describes how your LLC will operate internally. For more information on operating agreements, you can check out the Small Business Administration’s article on basic operating agreements. 

Hot Tip

You are not required to file an Operating Agreement with your state. But it may be vital to have it, especially if there are multiple members of your LLC.   

Step 3: Get Your Federal Tax ID Number (EIN) 

 

Once your Connecticut LLC has been approved it’s time to get your Federal Tax ID Number from the IRS.   

Your EIN is the social security number of your business.  Keep it well protected.  You’ll use this number to open bank accounts, file tax documents, apply for loans and many other uses.  It also protects your social security number when doing business with other businesses like merchant accounts, 1099s received etc. 

To apply for your EIN you can go to IRS EIN/Tax ID Application.  Make sure you pick the correct Business Entity Type.   

Just a Note

You can only file online if you have a Social Security Number (SSN) or Taxpayer ID (ITIN).  Otherwise, you’ll have to mail in the forms and wait for the response. If you don’t have an SSN, on Form SS-4, where it asks for your SSN, ITIN, or EIN (line 7b), write “Foreign”. Your EIN application will then be approved without the need for having an SSN. 

Taxes, Permits, and Licensing in Connecticut  

 

Keep yourself compliant after you set up your LLC in Connecticut by filing your Annual Report.  

There may be permits and licenses A lot depends on the type and location of your business.  

Aside from business licenses and permits, all LLCs must also pay appropriate taxes and meet obligations with the Colorado Department of Revenue and Services. 

Never miss a deadline

Filing the right forms and the right time takes time and energy that could be better spent building your business.  Simply Tax Compliant makes filing the forms on time….well simple.

Learn More

Putting it All Together

 

Now that you can set up an LLC in Connecticut online it shouldn’t take more than a week or two to get up and running.  The Connecticut  Secretary of State’s website is very easy to navigate and following the four steps above will help you get your talents and ideas to market faster.