How to Create a Series LLC in Washington

What Is a Series LLC?

A Series LLC is a unique form of a limited liability company that allows for the creation of multiple, distinct series or cells within a single LLC. Each series operates independently, with its own assets, liabilities, and members. This structure allows for the segregation of assets and liabilities among the series, providing liability protection for each series from the debts and obligations of the others.

Does Washington Allow Series LLCs?

As of the current date, Washington State does not authorize the formation of Series LLCs. The Revised Code of Washington (RCW) does not include provisions for Series LLCs, and thus, they cannot be formed under Washington law. Businesses interested in forming a Series LLC may need to consider other jurisdictions that permit such structures.

Washington Series LLC Filing Fees and Costs

Since Series LLCs cannot be formed in Washington, there are no specific filing fees or costs associated with them in the state. Businesses should refer to the fee schedules of jurisdictions that permit Series LLCs for accurate information.

Washington Franchise Tax and Series LLCs

Washington does not impose a franchise tax on LLCs, including Series LLCs, as they are not recognized in the state. Businesses should consult the tax regulations of other states where Series LLCs are allowed.

Additional Resources

• Washington Secretary of State
• Washington Business Division
• Revised Code of Washington (RCW)
• Washington Department of Revenue
• Contact: Phone: 360-902-3900, Email: corps@sos.wa.gov

This article provides general information about Washington LLC formation requirements under the Revised Code of Washington. It is not intended as legal advice. Persons forming an LLC should consult with a private attorney regarding their specific circumstances.