State-Specific LLC Laws: Individual state LLC Acts or statutes that govern LLC formation and operation. Examples include Delaware Limited Liability Company Act or California's Beverly-Killea Limited Liability Company Act. These laws vary by state and determine specific requirements for LLC formation.
Federal Tax Laws: Includes Internal Revenue Code (IRC), IRS regulations regarding LLC classification, and federal tax identification requirements (EIN). These laws govern how the LLC will be taxed at the federal level.
Securities Laws: Encompasses Securities Act of 1933, Securities Exchange Act of 1934, and state-specific securities laws ('Blue Sky Laws'). These become relevant if the LLC plans to issue membership interests that could be classified as securities.
State-Specific Filing Requirements: Requirements set by State Secretary of State, including state-specific naming requirements, state filing fees, and procedures. These dictate the practical aspects of forming an LLC in a specific state.
Industry-Specific Regulations: Regulations that vary based on business type, including Professional LLC requirements and special licensing requirements. These must be considered based on the specific industry the LLC will operate in.
Corporate Governance Requirements: State requirements for registered agents, management structure requirements, and operating agreement requirements. These govern how the LLC must be structured and managed.
