How do I maintain an LLC in Nebraska?
How do I maintain my Nebraska LLC? | BetterLegal
What's the next step after registering my business in Nebraska?
After successfully setting up your business in Nebraska, you need to make sure that you keep your LLC in good standing with the state. This way, you will be able to transact with third parties smoothly, especially with your vendors and clients.
A good standing status shows that your company is compliant with the state requirements. This includes, but is not limited to, payment of annual fees and updating of your company information with the state.
Additionally, certain other formalities are required by the state, like appointing a registered agent for service of process and maintaining a registered office in Nebraska.
If you do not have a physical address in the state where you registered your LLC, check out BetterLegal's Registered Agent Service. Through BetterLegal's Registered Agent service, you will receive scanned copies of your important mails and you may also request for physical copies to be mailed to your address for a minimal administrative fee. Subscribe to our service now!
Why is it important to Maintain my LLC in Nebraska?
Third parties are able to obtain your good standing status by submitting a request to the Secretary of State in Nebraska. If a third party you are transacting with finds out that your company is in bad standing with the state, it may cause unnecessary delays and issues in your business transactions.
Also, failure to comply with state requirements may result to forfeiture, dissolution, or involuntary termination of your LLC.
This is why you should be on top of Nebraska's periodic requirements for Limited Liability Companies (LLCs) like yours. Maintain your LLC to avoid any issues and delays in your transactions.
If you need help in maintaining your LLC in Nebraska, check out BetterLegal's State Compliance package. We will make sure that your company complies with the state requirements to keep your company in good standing. Subscribe to our State Compliance Service Now!
The Basics of Maintaining Your LLC
There are different administrative tasks that make up the maintenance of an LLC in Nebraska, but can be grouped into categories:
- Biennial Report: Required filing in Nebraska to keep your LLC in good standing
- Certificate of Organization: Updating of your LLC information in Nebraska
- Operating Agreement: Legal document outlining the internal rules and procedures of a Limited Liability Company
- Licenses and Permits: Documentary requirements for these in Nebraska vary depending on the nature of business
- DBAs: Registration of other names a business may go by other than its official name
- Taxes: Money owed to the government for revenues and earnings
Filing your Nebraska LLC's Biennial Report
If you are planning to file your Nebraska LLC's Biennial Report, BetterLegal has prepared an easy to follow step-by-step guide for you below. We have also included pertinent information that you need to remember when filing.
When is the due date for my Nebraska LLC's Biennial Report?
File your Nebraska LLC's Biennial Report every April 1st of the first odd-numbered year, following the year in which your LLC was formed. You need to file it with the state every two years. The Biennial Report may be submitted as early as January 2nd.
How much do I need to pay for my Nebraska LLC's Biennial Report?
Prepare $13 to pay for your Nebraska LLC's Biennial Report.
What information are needed when filing my Nebraska LLC's Biennial Report?
When filing your LLC's Biennial Report, make sure to provide any updated information of your LLC, except for LLC name change.
How do I submit my Nebraska LLC's Biennial Report?
You may submit your Nebraska LLC's Biennial Report online or by mail .
(1) File online using this link https://sos.nebraska.gov/index.
(2) By Mail:
a. Access the Nebraska Secretary of State website: Go to the Nebraska Secretary of State website and click on the "Business Services" tab.
b. Fill out the Biennial Report form: Provide the requested information in the form, including the name and address of the LLC, the name and address of the registered agent, and the names and addresses of the LLC's managers and members.
c. As of 2021, the filing fee for an LLC Biennial Report is $10. Make sure to include a check or money order payable to the "Nebraska Secretary of State." Do not send cash.
d. Submit the Biennial Report form: Mail the completed Biennial Report form and the filing fee to:
Nebraska Secretary of State
P.O. Box 94608, Lincoln, NE 68509-4608
It's important to note that the deadline for filing the LLC Biennial Report in Nebraska is April 1st of every odd-numbered year (e.g., 2023, 2025, 2027, etc.).
What is the turnaround time for my Nebraska LLC's Biennial Report?
Your payment or filing submission will reflect on the state's records immediately.
What should I do if I miss my Nebraska LLC's Biennial Report's due date?
Late submission of Biennial Report in Nebraska is allowed. There is no late fee. You may file your late submission online or by mail.
If you fail to file even after the grace period, your LLC will be declared delinquent and later on be administratively dissolved by the state
I missed my Nebraska LLC's Biennial Report's grace period for late submission, what should I do?
If you also missed the state's grace period for the filing of Biennial Report, file for your LLC's reinstatement.
Certificate of Organization
If you want to update your company information but it is too early to file for your LLC's Biennial Report or maybe you have already filed your LLC's Biennial Report, but forgot to update your information, you may still do so by filing an amendment with the state.
BetterLegal may also assist you in filing these amendments. Check out the links below:
- Nebraska LLC Certificate of Good Standing
- Nebraska LLC Statement of Change
- Nebraska LLC Statement of Change
- Nebraska LLC Statement of Dissolution
- Nebraska LLC Amended Certificate of Organization
The operating agreement outlines your LLC's internal rules and regulations. Some events, such as change in ownership, may require you to update your operating agreement. BetterLegal may also assist you with this.
Licenses and Permits
Licenses and Permits requirement may vary in each state and depending on the nature of your business. These licenses and permits ensure that companies within specific industries are abiding by its rules and regulations. If you need assistance in obtaining the licenses and permits required for your LLC, you may check out BetterLegal's Permit and License Search service.
DBAs and Fictitious Names
A DBA (Doing Business As) or a Fictitious Name is an alternative name or nickname under which a business can operate. This allows a business to conduct business under a name other than its legal name. For example, an LLC named "ABC Tile LLC" might file for a DBA and conduct business under the name "Nebraska Tile".
A DBA or Fictitious name is not a separate legal entity, it is a name that the business can use for its transactions and it does not change the legal structure or the ownership of the business.
If you need help in registering a DBA for your LLC, reach out to us via chat or call to confirm if we can assist with your filing.
The type of taxes that each state requires vary. Meanwhile, all LLCs are subject to Federal Taxes due to the IRS and are reported through the LLC’s EIN. For the filing of your taxes, it is best to consult your accountant.