How to Start an LLC in Wisconsin (Step-by-Step Guide)

If you’re considering forming a Wisconsin LLC, you’re making a smart choice for protecting your assets while enjoying flexibility in business operations.

To establish your LLC successfully, you must choose a unique business name, designate a registered agent, and file Wisconsin LLC Articles of Organization.

But there’s more.

Filing your LLC Articles of Organization in Wisconsin costs about $130 when filed online and $170 when filed by mail, and it takes up to five business days to be approved.

This guide compiles all the information you need to start an LLC in Wisconsin today.

What Are the Steps to Start an LLC in Wisconsin?

To start an LLC in Wisconsin, you need to:

• Step 1. Choose and search for a unique name
• Step 2. Designate a Wisconsin registered agent
• Step 3. File Wisconsin LLC Articles of Organization
• Step 4. Create an Operating Agreement
• Step 5. Get an EIN from the IRS
• Step 6. File a BOI Report
• Step 7. File annual reports

Let us dive more in-depth into these steps so I can show you how to get them:

Step 1: Select a Unique Name for Your Wisconsin LLC

Choosing a unique name for your LLC is the first important step. In Wisconsin, your name must stand out and meet specific requirements.

Your name must include “Limited Liability Company” or abbreviations like LLC. It should also be distinct from other registered businesses in Wisconsin.

Use the Wisconsin State of Wisconsin’s Business Entity Search tool to see if your desired name has already been taken.

Make sure your name won’t confuse customers. Adding words like “A” or “The” before an existing name is usually not allowed. Your LLC name should be clear and memorable.

If you find a name you like, consider reserving it by filing a Name Reservation Application. This costs $15, and you can request expedited service for an extra $25.

If you want to operate under a different name, file a DBA (Doing Business As) online for $15. If you have multiple names, each needs its form and fee. If you want additional protection, check if you can trademark your name. You can search online and file for $15 in Wisconsin.

Taking these steps helps set your LLC up for success. Choose wisely!

Step 2: Designate a Registered Agent in Wisconsin

In Wisconsin, a registered agent is a person or business designated to receive important legal documents for your LLC. This includes tax notices, legal summons, and official state correspondence.

Who Can Be a Registered Agent?

You have a few options for who can be your Registered Agent in Wisconsin:

• You: You can act as your registered agent, but remember you must be available during business hours to receive documents.
• A Family Member: A trusted family member can be your registered agent.
• An LLC Formation Service: Professional services offer expertise in handling official correspondence and ensuring compliance with state regulations.
• A Lawyer: A legal service firm can also serve as your registered agent, providing additional legal support if needed.

Requirements for Wisconsin Registered Agents

Wisconsin law requires registered agents to have a physical street address, not just a P.O. Box. The address must be where the agent can consistently receive legal documents and official mail during regular business hours.

Additionally, the registered agent must be at least 18 years old and available to accept service of process. This means they must be present to handle any legal notices or court documents delivered to the LLC.

What registered agents do I recommend for Wisconsin?

I highly recommend Northwest registered agent services for obvious reasons.

They offer a range of benefits that set them apart, including a free year of registered agent service, which helps you save (about $300) on initial costs.

You’ll receive a complimentary operating agreement essential for outlining your LLC’s internal structure.

My favorite part?

Northwest also allows you to use their office address for your LLC filing, keeping your address off public records and enhancing your privacy.

Their free email forwarding service ensures you stay on top of important correspondence, and their exceptional customer support is always available to assist you whenever needed.

Step 3: File Wisconsin LLC Articles of Organization

Filing the Articles of Organization is crucial in starting your LLC in Wisconsin. This document officially registers your business with the state and includes essential details such as your LLC’s name, address, registered agent, and members’ or managers’ names.

To file your Articles of Organization in Wisconsin, follow these steps:

Step #1. Complete the Form: Obtain and complete the Articles of Organization form from the Wisconsin Department of Financial Institutions website.

When completing the Articles of Organization, you’ll input:

• The name of your LLC
• Names and addresses of the members or organizers
• Name of your registered agent
• The effective date of the LLC
• Signature of an authorized representative or member

Step #2: File Online or by Mail: You can file your Articles of Organization online through the Wisconsin Department of Financial Institutions website or by mailing the completed form to:

Standard Mail: 
State of WI-Dept. of Financial Institutions
P.O. Box 93348
Milwaukee, WI 53293-0348

Express or Priority Mail: 
State of WI-Dept. of Financial Institutions
Attn: Division of Corporate and Consumer Services
4822 Madison Yards Way
Floor 4, North Tower
Madison, WI 53705

Step #3: Pay the Filing Fee: Filing the Articles of Organization costs $170 if you mail them in. If you file online, the fee is $130.

Once your articles are filed, the state will review and approve them. If you file by mail, your LLC will be approved in 5 business days. If you file online, your LLC will be approved immediately.

After approval, your LLC is officially recognized, and you can start your business activities, obtain your EIN, open a bank account, etc.

Step 4: Prepare an Operating Agreement for your LLC

An operating agreement is an internal document for your LLC that outlines how your company will be run. It is not filed with the state but is essential for your business.

Having an operating agreement is necessary for several reasons:

• Clarifies Ownership: It identifies the members of the LLC and their ownership percentages.
• Defines Roles: You can outline each member’s responsibilities, clarifying who does what.
• Reduces Disputes: Setting rules for decision-making and other processes helps avoid member conflicts.

In Wisconsin, while operating agreements are not required by law, they are highly recommended. They provide structure and can help protect your limited liability status.

When preparing an operating agreement, consider including:

• LLC Name and Purpose: Clearly state your LLC’s name and what it aims to do.
• Member Information: List the initial members and any additional members.
• Capital Contributions: Specify what each member contributes, whether cash, property, or services.
• Voting Rights: Outline how voting will work among members.
• Profit Distribution: Explain how profits and losses will be shared among members.
• Meeting Procedures: Outline how often meetings will occur and how members will be notified.
• Amendment Process: Describe how changes can be made to the agreement in the future.

You can find templates online to help create your agreement. Customizing one to fit your LLC will ensure it meets your specific needs. These agreements can be updated as your business grows or changes.

It serves as your LLC’s rulebook, guiding operations and avoiding conflicts down the line. Keeping everyone on the same page is even more vital if you have partners.

Step 5: Obtain an EIN for Your LLC

An Employer Identification Number (EIN) is a unique nine-digit number assigned to your business by the IRS. It identifies your business for tax purposes.

You need an EIN to:

• Open a business banking account.
• Take out a business line of credit.
• Apply for necessary permits.
• Make contracts with wholesale vendors.

How to Apply for an EIN:

• Online: Visit the IRS website. This is the fastest way to get your EIN.
• By Mail: Fill out Form SS-4 and send it to the IRS. This option takes longer.
• By Fax: You can also fax the completed Form SS-4.
• Phone: U.S. residents can call the IRS at 1-800-829-4933 to apply.

How Much Does It Cost To Get EIN?

Obtaining an EIN is free. However, some services charge $100 or more to help you with the entire process.

How Does it Take to Obtain my EIN?

• Online: Get it immediately.
• By Mail: Expect 4 to 6 weeks.
• By Fax: Usually within 1-2weeks.

Step 6: File a BOI Report

Filing a BOI (Beneficial Ownership Information) report is essential for your LLC in Wisconsin. This report helps identify the individuals who own and control the business.

To prepare your BOI report, ensure you have all the necessary ownership information.

Who Should File?

If your LLC is not exempt, you must file a BOI report. Exempt entities generally include larger businesses and certain government bodies.

When to File:

• Companies created before January 1, 2024, have until January 1, 2025.
• New companies formed between January 1, 2024, and January 1, 2025, must file within 90 days.
• LLCs formed after January 1, 2025, must report within 30 days.

How to File:

• Visit the FinCEN BOIR e-filing page.
• Choose from the options available:
  • Initial Report
  • Correct Prior Report
  • Update Prior Report
  • Newly Exempt Entity
• Select “Initial Report” for new filings and click NEXT.

Information Needed:

• Business Name and Address: Your LLC’s official name and primary location.
• Owner Information: Names, addresses, and dates of birth for each beneficial owner.
• Identification Numbers: This could include Social Security numbers or tax ID numbers.

Provide accurate and complete information to avoid delays. Filing this report is a legal requirement and helps maintain transparency in business operations.

Step 7: File Annual Report for your Wisconsin LLC

The Wisconsin LLC Annual Report must keep your LLC’s contact information current with the Wisconsin Department of Financial Institutions (DFI).

This report can be submitted online or by mail and is necessary to maintain your LLC’s compliance and good standing with the state.

The cost to file the Annual Report is $25 per year, and this fee applies for the duration of your LLC’s existence.

Wisconsin follows a quarterly system for report deadlines, with the due date based on your LLC’s Effective Date—when the Wisconsin DFI approved your LLC. You can find this date on your Articles of Organization or by searching for your LLC’s details on the Wisconsin OneStop Business Portal.

For example, if your LLC were approved on February 12, 2024, your Annual Report would be due by March 31 each year. The specific deadlines for LLCs are as follows:

• If your LLC was formed between January 1 and March 31, your report is due by March 31.
• LLCs formed between April 1 and June 30 must file by June 30.
• Those formed between July 1 and September 30 have a deadline of September 30.
• LLCs created between October 1 and December 31 must file by December 31.

Your first Annual Report is due the year after your LLC’s approval, with the reporting deadline falling on the last day of the relevant quarter. For instance, if your LLC was approved on September 15, 2024, your first report will be due by September 30, 2025, and then each September 30th.

You can file your Annual Report anytime within the quarter it’s due. For instance, if your LLC was approved on July 12, 2024, you can submit your report anytime between July 1 and September 30 starting in 2025.

If you miss the deadline, don’t worry. Wisconsin doesn’t charge a late fee for overdue reports. However, the DFI will administratively dissolve your LLC if you fail to file for three consecutive years.

If your report is only one or two years late, you can still catch up by filing the missing reports and paying the associated fees, bringing your LLC back into good standing.

If your LLC has been dissolved due to non-filing for three years, you must file for reinstatement. The process involves submitting an Application for Reinstatement, one Annual Report, and a $100 reinstatement fee.

Each missed Annual Report will cost $25. These documents must be submitted by mail to the Wisconsin DFI, along with a check or money order made out to the “Wisconsin Department of Financial Institutions.”

Should your LLC name be taken by another business while your LLC was dissolved, you’ll need to select a new name when applying for reinstatement.

What are the Different Methods To Start a Wisconsin LLC?

You have several options for starting an LLC in Wisconsin. Each method has advantages and disadvantages, so it’s essential to choose the one that best suits your needs.

DIY LLC Formation in Wisconsin

Forming an LLC by yourself is a straightforward option. You will fill out and submit the Wisconsin Articles of Organization and pay the required filing fee.

All by yourself, no third party!

Pros:

• Cost-Effective: You save money by not hiring anyone.
• Control: You have complete oversight of each step.
• Learning Opportunity: You gain knowledge about the process.

Cons:

• Time-Consuming: It may take longer if you are unfamiliar with the process.
• Complexity: You must ensure all forms are correctly filled out.
• Privacy issue: If you serve as your registered agent, you risk having your address out there.
• Lack of Guidance: You might miss the necessary steps.

Using a Professional/Online LLC Formation Services

Many online services can help you form your LLC. These platforms guide you through the entire process, handling most paperwork.

Pros:

• Convenient: They manage the filing, saving you time.
• User-Friendly: Most platforms have easy-to-understand instructions.
• Support Available: Many offer customer service for questions.
• Privacy benefits: Most services allow you to use their address for free, so your address doesn’t get compromised

Cons:

• Costs: You’ll pay a service fee.
• Variable Quality: Some services may not be as reliable as others.

Hiring an Attorney

Working with an attorney is another option for forming your LLC. This method ensures you have professional legal guidance throughout the process.

Pros:

• Expertise: An attorney knows the legal requirements and can avoid pitfalls.
• Customization: Your LLC can be tailored to your specific business needs.
• Support with Complex Situations: Ideal for businesses with unique circumstances.

Cons:

• Higher Costs: Legal fees can be expensive.
• Dependence on Others: You may rely heavily on the attorney’s schedule.
• Potential Delays: The process may take longer due to attorney workloads.

What is The Cheapest Alternative Way to Form an LLC in Wisconsin?

If you’re looking to start an LLC in Wisconsin on a budget, the most affordable option is to do it online. By filing the Articles of Organization directly with the Wisconsin Department of Financial Institutions, you can keep costs between $130 and $170, depending on your filing method.

This DIY approach helps you avoid the extra fees of hiring a service or lawyer, saving you money for other business expenses.

However, while DIY is cost-effective, it requires some effort. You’ll need to understand all the forms and regulations, and missing a detail could delay your application or create problems later.

Consider using a registered agent if you prefer not to handle everything yourself.

They can make the process smoother by ensuring you receive important documents and helping you stay compliant with state requirements. Although this adds a bit to the cost, it can provide valuable support and peace of mind.

Who Provides the Best LLC Services in Wisconsin?

There are a myriad of Wisconsin LLC services from which to choose. Choosing the wrong one can affect your Wisconsin LLC formation timeline—I know this from my experience using a few and researching a dozen over the years.

Here are some top-rated options you should consider:

Best Wisconsin LLC Service	Google Rating	LLC Formation Cost	Registered Agent Fee
Northwest Registered Agent	4.7/5	$39	Free for 1 year
Doola	4.6/5	$0 (plus state fees)	$297/year
Tailor Brands	4.4/5	$0 (plus state fees)	$199/year
ZenBusiness	N/A	$0 (plus state fees)	$199/year

Besides, the fact that other services bill you for their registered agent in the first year, and Northwest offers it for free, is a HUGE plus for me.

Northwest Registered Agent stands out in Wisconsin LLC formation due to its commitment to transparency, customer service, and privacy. Using their address helps protect your personal information, making them a reliable choice.

How Much Does It Cost To Form an LLC in Wisconsin?

Forming an LLC in Wisconsin costs around $130 when filed online and $170 by mail, which covers the Wisconsin LLC formation fees. However, there are other fees you need to be aware of.

Here’s a breakdown of the entire Wisconsin LLC costs:

Requirement	Cost
New LLC Filing Fee (Articles of Organization)	$130 (online), $170 (mail)
Name Reservation Fee (optional)	$15
DBA Filing Fee (optional)	$15
State Trademark Filing (optional)	$15
LLC Formation Service (optional)	$39 (via Northwest)
Registered Agent Fee (optional)	$0 (via Northwest)
Annual Report	$25
Total Estimated Cost	$155 -$280

When forming a new company in WI, budgeting about $260-$300 for the first year is ideal. Then, if you want to go further, you can get other bells and whistles like a virtual mailbox, custom website, trademark services, premium EIN services, etc.

The most significant (and essential) expense for every Wisconsin business owner is filing the Articles of Organization, which costs $130 when filed online and $170 by mail.

Pros and Cons of Forming an LLC in Wisconsin

6 Important Things To Do After Creating Your Wisconsin LLC

After creating your LLC in Wisconsin, there are several essential steps to take. These steps will help ensure your business is compliant, well-managed, and set up for success.

Here are key actions you should consider.

1. Research the Best Licenses and Permits for Your Business

Once you have formed your LLC, the next step is to identify any necessary licenses and permits. You may need state, local, or federal licenses depending on your business type.

For example, restaurants require health permits, while contractors need specific trade licenses.

For more information, visit the Wisconsin Department of Safety and Professional Services website. Additionally, local city or county offices may have specific requirements.

Make a list of the required licenses and permits. Ensure that you apply for them to avoid any fines or business disruptions.

2. Create Business Accounts for Your Wisconsin LLC

Opening a separate bank account for your LLC is essential for keeping your business finances organized and distinct from your funds.

This separation simplifies your accounting and helps safeguard your assets by clearly distinguishing between personal and business transactions.

When choosing a bank, look for one that offers business-friendly services, such as waived fees, free online banking, and other features that can benefit your business. To open the account, be prepared to provide your EIN and a copy of your Articles of Organization.

A dedicated business account streamlines your financial management and simplifies tax preparation.

Having all your business transactions in one place lets you easily track your income and expenses, ensuring everything is well-organized and accessible when tax season rolls around.

3. Understanding Wisconsin Tax Requirements and Managing Your Taxes

Wisconsin has specific tax obligations for LLCs. Depending on how your LLC is taxed, you may need to pay personal income tax or corporation tax. Familiarize yourself with these tax requirements, as failing to comply can lead to penalties.

You may also need to collect sales tax if you sell goods or services. Register for a sales tax permit with the Wisconsin Department of Revenue.

Keep careful records of all income and expenses. To manage your finances effectively, you might want to hire an accountant or use accounting software.

4. File your Annual Report

In Wisconsin, LLCs are required to file an annual report. This report is due on the last day of the quarter your LLC was approved. Failing to file on time may result in penalties or the dissolution of your LLC.

The annual report filing fee is $25 if done online. It includes basic information such as your LLC’s address and the names of its members.

Make a calendar reminder for this deadline to ensure you stay compliant each year. You can file the report online through the Wisconsin Department of Financial Institutions website.

5. Get Business Insurance for an LLC

Just as you wouldn’t leave your home without coverage, your LLC also needs the right business insurance to guard against potential risks and liabilities. Insurance protects your company’s assets and ensures financial stability in case of unforeseen issues or legal claims.

Your insurance needs will vary based on your business operations.

For example, general liability insurance covers risks such as slip-and-fall accidents or property damage if your LLC operates from a physical storefront.

Conversely, if you run your business as a consultant and work remotely, you might only need professional liability insurance to cover potential service errors or omissions. Assessing your business needs helps you choose the appropriate coverage to protect your LLC.

6. Setup Your Business Online Presence (optional)

Creating an online presence can significantly benefit your business. Having a professional website enhances visibility and builds credibility. You can use platforms like WordPress or Wix to create a user-friendly site.

Consider setting up social media accounts to engage with customers. Choose platforms that align with your target audience, such as Facebook, Instagram, or LinkedIn.

In addition, register your business on online directories like Google My Business. This step helps potential customers find you easily. Focus on professional branding and consistent messaging across all platforms.

Wisconsin LLC vs. S Corp vs. Partnerships vs. Sole Proprietorship vs. Corporations

Knowing your options is essential when starting a business in Wisconsin. Choosing the proper structure is critical to managing risks and tax implications.

Here’s a breakdown of the main structures you can choose from.

Sole Proprietorship

A Wisconsin sole proprietorship is the most straightforward way to start a business. Imagine you’re running a lemonade stand on your own. You make all the decisions and keep all the profits.

However, there’s no legal separation between you and your business. If your lemonade stand faces financial trouble or legal issues, your assets, like your car or home, could be at risk.

It’s easy to set up and manage, but it does leave you personally responsible for any business debts.

Partnership

A Wisconsin partnership involves teaming up with one or more people to run a business together.

Think of it as joining forces with a friend to open a café. You share the profits and responsibilities, and you both make business decisions.

However, like a sole proprietorship, each partner is personally liable for any business debts or legal issues. If the business encounters financial trouble, your assets could be at risk, too.

Partnerships are relatively easy to set up but require clear agreements between partners to avoid conflicts.

LLC (Limited Liability Company)

An LLC offers a blend of flexibility and protection.

Picture it as a protective umbrella over your lemonade stand. This structure separates your assets from your business, so if your LLC faces legal issues or debts, your personal belongings are generally safe.

LLCs are more formal than sole proprietorships or partnerships but offer management and tax treatment flexibility. They are ideal for small—to medium-sized businesses that want liability protection without the complexity of a corporation.

S-Corporation

An S Corporation is a more structured business form.

Think of it as a business where owners are shareholders, much like a small-scale company with multiple investors. It protects liability and allows profits to pass through to your tax return, avoiding double taxation.

This means you report the income and losses on your tax return, which can be beneficial for tax purposes. However, S Corps have stricter operational requirements and formalities compared to LLCs.

Corporation

A Wisconsin corporation is the most complex structure, suitable for larger businesses aiming for significant growth. Imagine a big company with many shareholders.

A corporation offers robust liability protection and is a separate legal entity from its owners, meaning your assets are protected.

Corporations can raise capital more efficiently by issuing stock and can offer employee benefits.

However, they come with extensive regulatory requirements, formalities, and paperwork, making them more suitable for businesses with significant resources and expansion plans.

My Final Thoughts: Forming an LLC in Wisconsin

Starting an LLC in Wisconsin is an exciting step toward bringing your business idea to life. Although it might seem like many steps initially, breaking them down makes the process more manageable and ensures you cover all the essential bases.

Starting an LLC in Wisconsin involves a few key steps:

• Choose a name for your LLC.
• Select a registered agent.
• File Articles of Organization.
• Create an Operating Agreement.
• Obtain an Employer Identification Number (EIN).
• File a BOI Report
• File an annual report.

The filing fee for the Articles of Organization is $130 when filed online and $170 by mail.

After forming your LLC, prepare for annual reports, which cost $25 yearly.

These steps and costs are designed to make the process straightforward.

Following these steps can help you establish your business efficiently. Wisconsin’s clear guidelines and affordable fees make it an attractive state for new business owners.

Learn More About Starting an LLC in Wisconsin

If you need additional help to start an LLC in Wisconsin, check out these valuable resources:

Frequently Asked Questions

Can I change my registered agent in Wisconsin?

Yes, you can change your registered agent in Wisconsin. You must file a form with the Department of Financial Institutions to update the registered agent information.

How do I change my Wisconsin LLC’s name?

To change your LLC’s name in Wisconsin, you must file an amendment to your Articles of Organization. This involves completing the appropriate form and paying a filing fee.

How do I renew my Wisconsin LLC?

You renew your Wisconsin LLC by filing an Annual Report. This report is due yearly and must be submitted to the Department of Financial Institutions with a renewal fee.

How do I dissolve an LLC in Wisconsin?

To dissolve an LLC in Wisconsin, you must file a form with the Department of Financial Institutions. This officially ends the business and releases any liabilities associated with it.

How do I add a member to a Wisconsin LLC?

You may need to update your operating agreement to add a member to your Wisconsin LLC. If necessary, inform the Department of Financial Institutions, but no formal filing is required for the change.

How do I add a DBA to an LLC in Wisconsin?

To add a DBA (Doing Business As) name to your LLC in Wisconsin, you must file a registration form with the Department of Financial Institutions. A fee is required for this registration process.

Can a minor own an LLC in Wisconsin?

Yes, a minor can own an LLC in Wisconsin. However, there may be special requirements for managing the LLC until the minor reaches adulthood.

When is the Wisconsin Annual Report due?

The Wisconsin Annual Report is due by the end of the quarter your LLC was formed. Keep an eye on this date to avoid penalties.

Does LLC expire in Wisconsin?

No, an LLC does not automatically expire in Wisconsin if you file your Annual Reports and pay any required fees on time.

Can a non-resident open an LLC in Wisconsin?

Yes, a non-resident can open an LLC in Wisconsin. You will need a registered agent with a physical address in the state for your LLC.

Can I buy a house or car with my LLC in Wisconsin?

Yes, your LLC can purchase property and vehicles. This can help protect your assets by keeping business purchases separate from personal ones.

Can you have multiple businesses under one LLC in Wisconsin?

Yes, you can operate multiple businesses under one LLC in Wisconsin. You may want to use DBAs to distinguish between business activities, but it is possible.

Is Wisconsin a good state to form an LLC? Is it worth it?

Wisconsin offers several advantages for forming an LLC, including liability protection and favorable tax treatment. Whether it’s worth it depends on your specific business needs and goals.

Can one person form an LLC in Wisconsin?

Yes, you can form a single-member LLC in Wisconsin. This allows one person complete control while enjoying an LLC’s legal protections.