How To Fill Out The Wisconsin Articles of Organization


How To Fill Out The Wisconsin Articles of Organization

Wisconsin Articles of Organization Form

The Wisconsin Articles of Organization is the official document filed with the Wisconsin Department of Financial Institutions to establish a Limited Liability Company (LLC). After the filing is approved by the state, the business can officially begin operating and register for the necessary business licenses and permits.
To form a Wisconsin LLC, you will need to submit the completed Form 502 LLC Articles of Organization form to the Wisconsin Department of Financial Institutions. The form can be completed and sent by mail or filed online.

Anyone can learn how to form their own LLC, but using an entity formation service like Zenbusiness, Northwest, and IncFile guide you through the LLC formation process, so you will save time and know everything was done right.

IncFile is currently running a special where you only pay state fees for your LLC formation!

Let’s go over how to fill out the LLC Articles of Organization in Wisconsin. To get started, visit the Wisconsin Department of Financial Institution’s website and download the form.

Step 1: Pick a Name for the LLC

Step 1: Wisconsin LLC Name

The first step in filling out the Wisconsin Operating Agreement is to pick a business name.

There are a few requirements when choosing a Wisconsin LLC name.

1. The name of your LLC must not be too similar to the name of another business entity already registered with the state of Wisconsin. You can verify name availability by doing a Wisconsin LLC name search with the Wisconsin Department of Financial Institutions to be sure the LLC name is available.

2. The name of the LLC must include one of the following entity identifiers at the end of the business name:
– Limited Liability Company
– Limited Company Co.
– L.L.C.

Enter the LLC name including the identifier to continue. If you choose a name that is taken, the Department of Financial Institutions will return your application.

Step 2: Appoint a Registered Agent

One requirement to have an LLC in Wisconsin is to appoint a Wisconsin Registered Agent. The Registered Agent is a party that is physically located in the state of Wisconsin that will receive important notices and service of process (which means to accept papers that start a lawsuit) on behalf of the LLC.

Provided the LLC member lives in the state of Wisconsin and is generally available during business hours, they may act as the Registered Agent. Additionally, any adult resident of the state, attorney or accountant in the state, or a Registered Agent Service can also act as the LLC’s Agent.

Related: Should you be the Registered Agent?

Enter the name of the initial Registered Agent in Article 3 and the Initial Registered Office address in Article 4.

Step 3: Select the Management Structure

Step 3: Wisconsin LLC Management Structure

In the next Article, provide information regarding whether the LLC is Manager-Managed, Member-Managed, or Director-Managed.

Member-Managed LLC means the Members are involved with the day-to-day operations of the business. Many LLCs are operated and run by the owner, in which case would be Member-Managed.

Manager-Managed LLC refers to a Limited Liability Company that hires a manager to run the business, similar to hiring a CEO of a corporation.

Select the checkbox whether the LLC will be managed by a Manager(s) or Members.

Step 4: List the LLC Organizers

Wisconsin LLC Organizer

The Organizer is someone who is involved with the LLC formation.  The Organizer may or may not be a member, such as a mentor, attorney, or accountant, but any of the initial member(s) could be listed as an organizer.

List the name and address of each Organizer. There will be at least one Organizer for the LLC.

Next, enter the name of the individual who drafted the Articles of Organization. It could be the Organizer or anyone who assisted with the completion of the document.

Step 5: Enter the Effective Date

Wisconsin LLC Effective Date

This is an optional section. The Articles of Organization provide an option to choose an effective start day up to 90 days in the future.

Some will delay the effective date (starting date) of the LLC if they aren’t ready to start the business, but want the filing out of the way or if they are close to the end of a calendar year and won’t begin any activities until the following year.

By default, the effective date is the day the Department of Financial Institutions files the formation paperwork. Otherwise, enter a different start date.

Step 6: Filer’s Contact Information

Provide an email address or mailing address for the Wisconsin Department of Financial Institutions to send the official filed copy of the Articles of Organization

You’ve filed your Wisconsin LLC Articles of Organization! Now what?

After the LLC is officially filed with the Wisconsin Department of Financial Institutions, there are a few additional things to follow up on. Below is a list of some of the tasks to consider.

Prepare a Wisconsin LLC Operating Agreement

The operating agreement is an internal document that covers items like ownership rights, profit and loss distribution, member responsibilities, and more.

Wisconsin LLC Statute Chapter 183 states that an LLC Operating Agreement is optional.  Despite the Operating Agreement not being required, it is recommended to have one as it can help to prevent disputes among members and protect the LLC’s legal status.

Related: How to Create a Wisconsin Operating Agreement

Obtain an EIN

The EIN or Employer Identification Number (also called a Federal Employer Identification Number or FEIN) is a unique 9-digit tax identification number that is assigned by the Internal Revenue Service (IRS).

The EIN will be needed before filing business tax returns, opening a bank account, hiring employees, registering for business licenses and permits, and more.

Related: How to Apply for an EIN

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