LLC Post-Formation Checklist: Compliance & SOP Guide

LLC POST-FORMATION COMPLIANCE & SOP CHECKLIST

Entity Name: []
State of Formation: [___________________________________________]
Formation Date: []
Registered Agent: [__________________________________________]

I. CORPORATE GOVERNANCE & FORMALITIES

Ensure the structural integrity of the LLC by completing the following administrative tasks.

1. Operating Agreement: [ ] Executed and adopted by all members.
   • Date of Execution: [____________________]
   • Location of Original: [_______________________________________]
2. Membership Certificates: [ ] Issued (if applicable) and recorded in the Membership Ledger.
3. Initial Organizational Meeting: [ ] Held on [____________________].
   • Minutes/Resolutions filed in Minute Book: [ ] Yes [ ] N/A
4. Minute Book/Corporate Records Binder: [ ] Established and stored at [_______________________________________].

II. TAX & FINANCIAL COMPLIANCE

Establish the financial infrastructure required for federal and state reporting.

1. Employer Identification Number (EIN):
   • EIN Assigned: [____________________]
   • Copy of SS-4 filed: [ ] Yes
2. Business Bank Account:
   • Bank Name: [_______________________________________]
   • Account Number (Last 4): [____________________]
   • Authorized Signatories: [_______________________________________]
3. Tax Elections: [ ] S-Corp/C-Corp Election (Form 2553/8832) filed with IRS if applicable.
4. State Tax Registration: [ ] Sales/Use Tax Permit, Payroll Tax Account, or Unemployment Insurance established as required by the jurisdiction of [____________________].

III. OPERATIONAL & REGULATORY FILINGS

Ensure the entity remains in "Good Standing" and is legally authorized to conduct business.

1. Annual/Biennial Reports:
   • Due Date: [____________________]
   • Filing Frequency: [____________________]
2. Business Licenses & Permits:
   • General Business License: [ ] Obtained
   • Industry-Specific Permits: [_______________________________________]
   • Zoning Compliance: [ ] Confirmed
3. Foreign Qualification: [ ] Registered in states where "doing business" is conducted (List States): [__________________________________________________].

IV. INTELLECTUAL PROPERTY & CONTRACTUAL OBLIGATIONS

1. Proprietary Rights: [ ] Assignment of IP to LLC signed by members/contractors.
2. Service Agreements: [ ] Master Service Agreements (MSAs) drafted and standardized.
3. Insurance Coverage:
   • General Liability: [ ] Policy # [____________________]
   • Professional Liability: [ ] Policy # [____________________]
   • Workers’ Compensation: [ ] Policy # [____________________]

V. CERTIFICATION OF COMPLETION

The undersigned hereby certifies that the steps outlined in this Post-Formation Checklist have been reviewed and, where applicable, completed to ensure the LLC’s compliance with state and federal regulations.

Authorized Representative Name: [_______________________________________]

Title: [__________________________________________________]

Signature: __________________________________________________

Date: [____________________]

Corporate Secretary / Legal Counsel (Attestation):

Name: [_______________________________________]

Signature: __________________________________________________

Date: [____________________]

Disclaimer: This document is for organizational and administrative purposes. It does not constitute legal or tax advice. Consult with a qualified attorney or certified public accountant regarding specific regulatory obligations applicable to your jurisdiction.