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Each state puts its stamp on the process of forming an LLC (Limited Liability Company), and Tennessee is no exception. Learning Tennessee’s requirements will help you decide whether to form an LLC in that state and prepare you for the formation process.
The LLC name must contain one of the following: Limited Liability Company, LLC, or L.L.C. Your LLC’s name must be distinguishable upon the records of the Secretary of State from the name of every other foreign or domestic entity (e.g., LLCs, corporations, limited partnerships) whether the name is true, assumed, reserved or registered. Use of the words "bank", "banking", "credit union" or "trust" requires approval by the Department of Financial Institutions.
The following are Tennessee’s requirements for the members/managers of LLCs.
You form an LLC in Tennessee by filing Articles of Organization and paying the required fee. The information required in the formation document for Tennessee includes the following:
You must list the name and the street address of your LLC’s Tennessee registered agent and registered office. This must be a physical address within Tennessee—no post office boxes are allowed. Your registered agent is the LLC’s agent for service of process, notice, or ordinance required or permitted by law to be served on the LLC.
Some states require additional filings or steps at the time of incorporation, such as a county-level filing, publishing notice of the LLC formation in a local newspaper or an initial report filing. Tennessee requires the following:
Tennessee allows professionals, such as accountants, attorneys, and physicians, to form a professional limited liability company (PLLC).
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