Online courses for programmers in video, audio, and written format.The LLC business activities will be the research and development of new blockchain technologies, an online publication, and a paid subscription newsletter.frozen yogurt shop with packing and retail operationsĮxamples of an LLC’s business purpose in a complete sentence.nationwide freight services for the furniture industry.manufacturing and logistics for medical supply devices.the purchase, sale, and investment of real estate.If the state doesn’t allow for a general LLC purpose to be stated and instead they want a specific LLC purpose to be listed, you can either:Įxamples of an LLC’s business purpose in a few wordsĮxamples of an LLC’s business purpose in a phrase You can pretty much choose any version or variation that you’d like. We’re just using New Jersey as an example.Ģ. Replace the state above with any other state name.
“ For any and all lawful purposes for which an LLC may be organized in this state.”ġ. “ This LLC shall be organized for any and all lawful purposes for which an LLC may be organized pursuant to the provisions of the New Jersey Limited Liability Company Act.” “ The purpose for which this company is formed is for the transaction of any and all lawful purposes for which a limited liability company may be organized under the laws of the state of New Jersey.” “ The purpose for which this Limited Liability Company shall be organized is for any and all lawful purposes for which a Limited Liability Company may be organized as per the laws of the state of New Jersey.” LLC General Purpose StatementĪs mentioned above, the state will either have a box to check off or a text field to enter the general purpose business statement for your LLC. Tip: Even if a state’s LLC filing has a field for “purpose”, if the state’s laws allow for a general purpose, you can use a general purpose statement, like the examples we have below. If the state allows an LLC to have a general purpose, you’ll either check off a box, or enter a phrase that gives the LLC its general purpose. Said another way, they want a few words about what the LLC will do, or a short phrase or sentence about the LLC’s business purpose. Generally speaking, when a state asks for a specific LLC business purpose, they want to know the primary business activity your LLC will engage in. Some states allow for a general LLC purpose to be listed, while others ask for a specific LLC purpose instead. Not all states ask for the LLC to make a statement about its business purpose, but the majority of states do. ( related article: what’s the best state to form an LLC?) Different states use different names, but they all mean the same thing.įorming an LLC is done by filing either an Articles of Organization, Certificate of Organization, or Certificate of Formation (depending on the state where you’re forming your LLC). This article will explain the LLC statement of business purpose.Īlso referred to as: LLC purpose, LLC business activity, LLC business activity purpose, and LLC purpose statement.
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