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Wisconsin Certificate of Formation for Limited Liability Company LLC

State:
Multi-State
Control #:
US-PE-FAM
Format:
Word; 
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Description

This is a sample private equity company form, a Certificate of Formation for Limited Liability Company. Available in Word format. The Wisconsin Certificate of Formation for Limited Liability Company (LLC) is a crucial legal document required for the formation of an LLC in the state of Wisconsin. This document outlines essential information about the LLC, including its name, principal office address, registered agent, members' details, and other statutory requirements. The certificate serves as official proof of the LLC's existence and validates its legal standing within the state. To begin the simple process of forming an LLC in Wisconsin, interested parties must file the Wisconsin Certificate of Formation with the Wisconsin Department of Financial Institutions (DFI). DFI is the regulatory body responsible for overseeing and regulating business entities in the state. The primary purpose of the Wisconsin Certificate of Formation is to establish a legal and distinct entity separate from its members or owners. By filing this document, individuals can create a limited liability company without incurring personal liability for the company's debts or legal obligations. The Wisconsin Certificate of Formation for an LLC consists of several important sections: 1. LLC Name: A unique and distinguishable name must be chosen, containing the words "Limited Liability Company" or the abbreviation "LLC" at the end. 2. Registered Agent: The LLC must designate a registered agent who is responsible for receiving legal and official documents on behalf of the company. The registered agent must have a physical address within Wisconsin. 3. Principal Office Address: The physical address of the principal office where the LLC conducts its business must be provided. 4. Effective Date: The date on which the LLC will officially commence its operations can be specified if it is different from the filing date. 5. Duration of the LLC: The LLC's intended duration can be specified as perpetual or for a specific number of years. 6. Management Structure: The LLC formation document allows the option to choose between a member-managed or manager-managed LLC. If it is a manager-managed LLC, the names and addresses of the managers must be included. 7. Additional Provisions: This section allows the inclusion of any additional provisions not inconsistent with Wisconsin law that the LLC wants to adopt. Wisconsin also offers multiple types of Certificates of Formation based on the nature of the LLC: 1. Standard Certificate of Formation: This is the most common certificate filed by typical LCS, providing all the necessary information as mentioned above. 2. Wisconsin Professional LLC (LLC) Certificate of Formation: Professionals such as lawyers, doctors, accountants, and architects who wish to form an LLC can file this specialized certificate. PLL Cs comply with specific regulations governing professional practices. 3. Series LLC: Wisconsin allows the formation of a Series LLC, which consists of multiple series or cells, each with its own assets, liabilities, and members. Each series can have separate business activities and can be treated as an independent entity. It is important to note that these certificates may have additional requirements or different filing procedures. Therefore, it is advisable to consult with legal professionals or the Wisconsin DFI for specific guidance on the appropriate certificate of formation for your LLC's needs.

The Wisconsin Certificate of Formation for Limited Liability Company (LLC) is a crucial legal document required for the formation of an LLC in the state of Wisconsin. This document outlines essential information about the LLC, including its name, principal office address, registered agent, members' details, and other statutory requirements. The certificate serves as official proof of the LLC's existence and validates its legal standing within the state. To begin the simple process of forming an LLC in Wisconsin, interested parties must file the Wisconsin Certificate of Formation with the Wisconsin Department of Financial Institutions (DFI). DFI is the regulatory body responsible for overseeing and regulating business entities in the state. The primary purpose of the Wisconsin Certificate of Formation is to establish a legal and distinct entity separate from its members or owners. By filing this document, individuals can create a limited liability company without incurring personal liability for the company's debts or legal obligations. The Wisconsin Certificate of Formation for an LLC consists of several important sections: 1. LLC Name: A unique and distinguishable name must be chosen, containing the words "Limited Liability Company" or the abbreviation "LLC" at the end. 2. Registered Agent: The LLC must designate a registered agent who is responsible for receiving legal and official documents on behalf of the company. The registered agent must have a physical address within Wisconsin. 3. Principal Office Address: The physical address of the principal office where the LLC conducts its business must be provided. 4. Effective Date: The date on which the LLC will officially commence its operations can be specified if it is different from the filing date. 5. Duration of the LLC: The LLC's intended duration can be specified as perpetual or for a specific number of years. 6. Management Structure: The LLC formation document allows the option to choose between a member-managed or manager-managed LLC. If it is a manager-managed LLC, the names and addresses of the managers must be included. 7. Additional Provisions: This section allows the inclusion of any additional provisions not inconsistent with Wisconsin law that the LLC wants to adopt. Wisconsin also offers multiple types of Certificates of Formation based on the nature of the LLC: 1. Standard Certificate of Formation: This is the most common certificate filed by typical LCS, providing all the necessary information as mentioned above. 2. Wisconsin Professional LLC (LLC) Certificate of Formation: Professionals such as lawyers, doctors, accountants, and architects who wish to form an LLC can file this specialized certificate. PLL Cs comply with specific regulations governing professional practices. 3. Series LLC: Wisconsin allows the formation of a Series LLC, which consists of multiple series or cells, each with its own assets, liabilities, and members. Each series can have separate business activities and can be treated as an independent entity. It is important to note that these certificates may have additional requirements or different filing procedures. Therefore, it is advisable to consult with legal professionals or the Wisconsin DFI for specific guidance on the appropriate certificate of formation for your LLC's needs.

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Wisconsin Certificate of Formation for Limited Liability Company LLC