top of page

An operating agreement is a key document used by limited liability companies (LLCs) to outline the business' financial and functional decisions including rules, regulations and provisions.

 

The purpose of the document is to govern the internal operations of the business in a way that suits the specific needs of the business owners, called "members". Once the document is signed by the members of the limited liability company, it acts as an official contract binding them to its terms.

 

An operating agreement is mandatory as per laws in only 3 states: California, Missouri, and New York. LLCs operating without an operating agreement are governed by the state's default rules contained in the relevant statute and developed through state court decisions.

 

An operating agreement is similar in function to corporate by-laws, or analogous to a partnership agreement in multi-member LLCs. In single-member LLC, an operating agreement is a declaration of the structure that the member has chosen for the company and sometimes used to prove in court that the LLC structure is separate from that of the individual owner and thus necessary so that the owner has documentation to prove that he or she is indeed separate from the entity itself.

 

Most states do not require operating agreements. However, an operating agreement is highly recommended for multi-member LLCs because it structures an LLC's finances and organization, and provides rules and regulations for smooth operation.

 

The operating agreement usually includes percentage of interests, allocation of profits and losses, member's rights and responsibilities and other provisions.

 

LLC Agreement and Member register

$199.00Price

     

    What our customers say?
    4.8 / 5 ⭐⭐⭐⭐⭐

    Hiding a Smile
    check icon.png

    "Soon after I have opened my LLC, I started getting orders for my design services from US customers, in 6 months I have tripled my income! "
    Dragan  Visopitch, Serbia ⭐⭐⭐⭐⭐

    Lasting Smile
    check icon.png

    "We wanted to expand our e-commerce shop to the U.S. and with the tax free LLC, we were up and running in no time! Sales are up 150%. Best move we've ever done." 

    Nathan Shine, Peru ⭐⭐⭐⭐⭐

    Confident Businesswoman
    check icon.png

    "We have opened a tax free LLC for our Content Writing business and instantly started getting orders from the U.S., we have doubled our sales since then!"
    Jody Porter, U.K. ⭐⭐⭐⭐⭐

    Brainstorming Session
    check icon.png

    "When our dating app was ready for expansion, we signed up for the tax free LLC with Tax Usa and in less than 2 weeks we started getting U.S. users and installs."
    Oren Cohen, Israel ⭐⭐⭐⭐⭐

    Relaxed Businessman
    check icon.png

    "I have opened a tax free LLC last year for my Amazon seller's account and since then selling at 30,000 USD per month, all tax free!"
    Nico Gardiani, Italy ⭐⭐⭐⭐⭐

    Businessman
    check icon.png

    "Tax free LLC is the best solution for non US residents like us. We have used it to grow our IT company from India into the U.S. and already have 200 U.S. customers"
    Sachin Patel, India ⭐⭐⭐⭐⭐

    Open Sign
    check icon.png

    "I highly recommend TaxUsa and the tax free LLC for any non U.S. resident. It's easy to set up and you instantly start seeing U.S. income. Tax free. It's great."
    Eduardo Santiago, Chile ⭐⭐⭐⭐⭐

    bottom of page