By The Wyoming LLC Attorney Team
Feb 28, 2024The article explains what a limited liability company (LLC) is and how to search for an LLC in North Carolina, including reasons to conduct a search and available information. It also suggests methods for keeping LLC information private.
For someone who doesn’t have much expertise in business, understanding all of the different structures and types of businesses can be complex. Some company owners prefer to have a large and complex enterprise where everything connects to everything else, whereas others prefer privacy and compartmentalization in their structure. An LLC is one of the more innovative structures available for business owners in North Carolina.
A limited liability company, or LLC, is a United States business structure in which all of the liabilities for and in the business ultimately fall on the business itself. This means that owners of an LLC are not personally liable for any legal or financial issues in the organization. An LLC can come in a range of sizes, with some featuring a single founder as its membership and others having multiple employees and several series LLCs in a wider structure beyond the foundational organization.
In essence, people look to form LLCs when they are taking on business ventures with a level of risk, helping them to innovate with greater freedom since they know that their professional decisions will have a far more limited impact on the personal lives of entrepreneurs.
There are a few steps in the process of searching for an LLC in North Carolina. One of the most important things to know when searching for a North Carolina LLC is that anyone can do it. The state has a thorough database of all of the LLCs that are registered in the state and offers further information to anyone who is able to find the company they are looking for. This is a significant part of the state government’s Open Government policy, which looks to inform people about the business of government and provide easy access to public documents wherever it can.
The best place to search for an LLC is on the North Carolina state government website. Their business registration and search feature online provides users with a lot of access to information, including the addresses that the companies provide online, the status of the organization, the registered agent, and more. There aren’t any documents uploaded on the website, but information such as the due date of the annual report provides readers with a lot of insight to begin with.
Another ideal feature of the search function is that it allows the user to search in a range of different ways. This includes searching for information that is specifically at the start of the name of the company, searching for the exact name of the organization, and using the SOSID to find an organization with more precision. People who are looking for companies through their registered agents, company officials, or assumed business names can also modify their search depending on these requirements.
The search function on the North Carolina state government website is highly flexible and supports people through searches with a wide range of information. To get your company search correct the first time, it is recommended that you have a key piece of information such as the company’s formal name. Using the official name of the company in an 'exact' search will show only that company, leaving you in no doubt in the event that there are companies with similar names in the state. Having the specific EIN also helps, as an Employee Identification Number points readers to a specific company.
Completing a search without all of this specific information is still possible. By knowing the registered agent or having an approximation of the company’s name, you can complete a series of searches and sift through all of the businesses that the website returns. Although this method takes far longer than a more precise search, you eventually get to the company that you are looking for.
People have a wide variety of reasons to search for a North Carolina LLC, whether using the North Carolina corporation name search feature or another method of finding an organization. Some of the reasons to complete a North Carolina LLC search include:
One of the main features of an LLC is the way that it limits liability from the owner’s perspective in the event that someone wants to take legal action against the company. To take legal action, the litigant needs to find the company. Finding an LLC using a North Carolina business search is the first part of completing legal action against the LLC, as you find the specific business address and the details for the registered agent. Any action against a business goes through the registered agent, so identifying them at this early stage is essential.
Some people have an interest in learning more about an LLC. There are a few reasons that a specific LLC might be of interest, such as:
One of the pieces of information available when completing a company search in North Carolina is the list of company officials. This includes the members (or owners) of the company and any administrators, in addition to their address and some contact details. Having this information is especially valuable for a company executive looking to negotiate a deal with an LLC or even buy out a rival LLC. The more you know about the other company, the more opportunities you have to contact them and negotiate an agreement for either a business arrangement or a takeover, depending on your company’s needs.
When looking to form your own LLC, it can be difficult to choose a name. This process gets worse when you spend a long time thinking of a name and start to register your company only to find that the name is already taken. By brainstorming at the very start of the process and coming up with a few options that you like, you can search for all of the names and any variants to see which of the available names is most suitable for your organization. This saves you a lot of time later on in the process, meaning that you can get to the important work of developing your business as soon as possible rather than having to resolve early logistical issues such as this.
There is plenty of information available as a result of an LLC search in North Carolina. Some of this information, what it means to the LLC, and reasons that someone might search for the information, includes:
Some people form an LLC with the intention of keeping their information relatively private and away from prying eyes. However, if a North Carolina business search means that you can see other people’s involvement in LLCs, they can also see yours. There are a few ways you can go about keeping your LLC information private in North Carolina, such as:
If you prefer to keep your information to yourself, consider making use of a Registered Agent service. A Registered Agent service is a company that operates within North Carolina and offers to be your Registered Agent when filing your company. These services mean that the only address associated with the company on the documentation will be a third party’s. This ensures that your personal address is not online.
Whilst you stay off the documentation as a Registered Agent, North Carolina still requires that companies include business member information. However, North Carolina does require you to list the LLC’s members. So, to achieve complete anonymity for your organization’s members, you must use a holding company or double LLC structure. This is beyond the scope of this article, but you can learn more about North Carolina LLC privacy here.
If you're uncertain about how to form your LLC and maintain privacy, consider seeking assistance from a lawyer, such as Wyoming LLC Attorney. Relying on a reputable legal service ensures you benefit from available expertise, keeping crucial information confidential and safeguarding both yourself and your business. You can establish your LLC entirely online.
For assistance in forming your LLC or if you have questions, contact us through our online form or by dialing +1 (307) 683-0983. A member of our team of experienced paralegals will assist you with the process.