Make it stand out.

Your business. Your decisions. Your terms. We are here are to help.

Let us provide guidance on the appropriate structure for your business.

Forming a business in Washington provides a vibrant environment for growth and innovation, with a variety of business structures available to meet your needs. Whether you’re launching a startup, expanding an existing enterprise, or planning a professional practice, understanding the requirements and steps for business formation is crucial for legal compliance and operational success.

Choosing Your Business Structure

Washington offers several business structures, each with its own advantages:

  • Sole Proprietorship: Simple and inexpensive to establish, but the owner is personally liable for all business debts.

  • General Partnership: Allows for shared ownership, but partners are personally liable for business obligations.

  • Limited Liability Company (LLC): Combines liability protection with the flexibility of a partnership, making it popular among small to medium-sized businesses.

  • Corporation: Provides strong liability protection and benefits for raising capital but involves more regulations and record-keeping requirements.

  • Limited Partnership (LP): Features general and limited partners, offering liability protection to limited partners while allowing general partners to manage the business.

  • Limited Liability Partnership (LLP): Often used by professional groups, providing liability protection for all partners.

  • Professional Limited Liability Company (PLLC): Designed for licensed professionals, combining the benefits of an LLC with compliance for professional services.

Steps for Forming a Business in Washington

  1. Select a Business Name:

    • Choose a unique name that complies with Washington’s naming rules.

    • Check the availability of the name through the Washington Secretary of State website.

  2. Register Your Business:

    • File the necessary formation documents with the Washington Secretary of State.

    • LLCs file a Certificate of Formation; corporations file Articles of Incorporation.

    • Consider hiring a registered agent to handle legal documents on behalf of your business.

  3. Create an Operating Agreement or Bylaws:

    • LLCs should draft an Operating Agreement outlining the management and ownership structure.

    • Corporations need Bylaws to define governance procedures and the roles of officers and directors.

  4. Obtain an Employer Identification Number (EIN):

    • Apply for an EIN from the IRS for tax purposes and to open business bank accounts.

  5. Apply for Necessary Licenses and Permits:

    • Depending on your industry and location, you may need state and local licenses or permits.

    • Use the Washington State Business Licensing Service to identify and apply for required licenses.

  6. Register for State Taxes:

    • Register with the Washington Department of Revenue for sales tax, use tax, and other state taxes applicable to your business.

  7. Open a Business Bank Account:

    • Separate your personal and business finances by opening a dedicated business bank account.

  8. Comply with Ongoing Requirements:

    • File an annual report with the Washington Secretary of State.

    • Maintain records and comply with any additional state and federal regulations.

Need Help?

Navigating the complexities of business formation can be challenging. Our expert team is here to assist you with every step, from selecting the right structure to filing the necessary documents and ensuring compliance with Washington’s regulations.

Contact us today to get started on your business journey.