The pioneering state of Missouri is a great place for you to launch your new business. You would be in excellent company too, as the Oregon, Santa Fe and California Trails all started in Missouri, as well as the famed Pony Express.
Today, Missouri is known for its blending of Midwestern and Southern cultures and music, with luminaries like Walt Disney, Mark Twain and Harry Truman hailing from there. Missouri’s economy is boosted by several major industries including agriculture, manufacturing, transportation, financial services, retail and tourism.
If you want to start your own business in Missouri, one of the best ways to do so is by forming an LLC.
Missouri Limited Liability Companies (LLCs) are a business entity designed for startups and small- and medium-sized businesses. Forming an LLC is fast, easy and inexpensive. LLCs offer many of the protections and advantages of large corporations without all the rules, regulations and compliance issues common to larger business entities.
In Missouri you also have the option to set up a “Series LLC” — these are specialized LLCs designed to allow you to manage multiple separate LLCs under one master umbrella LLC. Learn more about Series LLCs and whether they might be right for you
Let’s start by looking at the advantages of forming a Missouri LLC.
Advantages of Forming an LLC in Missouri
Missouri LLCs have several benefits for business owners.
A Missouri LLC must have a designated street address. That could be your home address (if you’re running the company from your residence), where your office is located or any physical address of your preference — even outside of Missouri. It cannot be a P.O. Box.
Every Missouri LLC must have a “registered agent.” That could be you, the managing director, owner or a dedicated registered agent service. The registered agent in Missouri is someone who receives official legal and tax correspondence and has responsibility for filing reports with the Missouri Secretary of State.
At Incfile, all of our packages include a Registered Agent service which is free for the first year and just $99 per year thereafter. We also have a dashboard where you can log in and easily view any document your registered agent has received on your behalf. Here are a few reasons you might want to appoint Incfile as your registered agent service:
Your Missouri LLC organizers are the people who are creating the business. Missouri requires you to list the names and addresses of all organizers when you register the Missouri LLC. You can register these addresses as street addresses or P.O. Boxes.
Once you've gathered all the information together for your LLC, you’ll need to file a formal document with the Missouri Secretary of State to create your LLC. This document is known as your Articles of Organization, and filing it starts the process of creating your Missouri LLC. You can do this online, mail in a form or have Incfile do it on your behalf.
Missouri LLCs aren’t required to have an Operating Agreement, but they are extremely useful for several reasons. Your Operating Agreement covers how the business will be run, how managers and members are chosen, the rights and duties of members and several other key areas. Learn how to create your Operating Agreement here.
If you’re interested in having your Operating Agreement created for you, Incfile will draft a general Operating Agreement within most of our online business formation packages. It can also be selected as an add-on option in our Silver package. This Operating Agreement will be a basic template that you can make changes to anytime you see fit.
You can find lots more useful information on how to form an LLC here. It answers questions like:
Incfile provides a cost-effective service to help you create your LLC. We guide you through the process and handle most of the administrative steps on your behalf, such as filing the Articles of Organization. Our basic package also provides free Registered Agent service for the first year. If you're looking for help starting an LLC, our comprehensive services provide outstanding value.
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This report is mandatory and must be filed within the specified time frame in order for the entity to remain in good standing with the state. Failure to file this report can lead to the company being revoked or administratively dissolved.
Frequency: No report due for LLC's at this time.
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