Keeping this in consideration, how do I rename my LLC?
Here are the steps to take to change an LLC name:
- Find Out if Your New Name Is Available.
- Approve a Resolution to Change Business Name.
- Amend Your Articles of Organization to Change LLC Name.
- Amend Your Operating Agreement.
- Notify Taxing and Licensing Agencies.
- Changing Name of LLC on Business Accounts.
Beside above, do I need a new EIN if I change the name of my LLC? The IRS does not require you to obtain a new EIN if you merely change the name of your LLC. However, obtain a new EIN if your LLC's name change is the result of a change in business organization, such as a conversion from a corporation to an LLC.
Thereof, how long does it take to change LLC name?
The main issue is that while the IRS requires proof of your company name change for them to update their records, it takes them approximately 60 days to process this change, so your company name has been changed at the state or county level but not at the federal level.
Can I change the purpose of my LLC?
In fact, LLCs are very flexible. They can be used for 1 purpose or multiple purposes (there are no limits). And that LLC purpose (or purposes) can change and evolve as your business grows. You can always change the purpose of your LLC later (by filing an amendment), but it's really not required.