Get Peace of Mind with an Operating
Agreement
Set clear rules, structure, and protections for your Limited Liability Company with a
customized LLC Operating Agreement—whether you’re just starting out or already
established.
Operating agreements start at $99.
Why use PATA Solution to create your LLC operating agreement?
Convenience
Set up your LLC operating agreement in 3 simple steps from anywhere. Tell us about your business and we’ll create your document.
Peace of mind
Feel confident that your LLC operating agreement helps protect your company assets and maintains your limited liability status.
Trusted Partner
We’ve created over 2.5 million state-specific, up-to-date operating agreements, leveraging our experience to safeguard your LLC and its members.
Create Your LLC Operating Agreement in 3 Easy Steps
1. Share Your Business Details
Answer a few simple questions about your LLC and how you plan to operate it.
2. We Prepare the Document
We’ll draft a personalized LLC Operating Agreement based on your responses and deliver it
to you.
3. Review & Sign
Share the agreement with your LLC members and have them sign to make it official.
Why do I need an LLC operating agreement?
Establishes rules
Write out rules for your limited liability company so individual members know how the business will be managed and how to add new members.
Prevents confusion
Avoid misunderstandings among members when everyone agrees on and signs an LLC operating agreement.
Protects your assets
Help ensure all individual members of an LLC are shielded from personal liability and that their personal assets are protected.
LLC operating agreement vs. articles of organization:
What’s the difference?
LLC operating agreement
Internal
Used in-house to outline your business’ financial and working guidelines for members.
No state fees
You don’t need to file an operating agreement with the state, so there are no state fees.
Required in 5 states
California, New York, Missouri, Maine, and Delaware require LLC operating agreements. No matter what state you’re in, it’s always a good idea to have a formal agreement between an LLC’s members.
Articles of organization
For the state
Establishes your LLC with the state as an official business entity.
State fees
Typically state fees for filing articles of organization are $50 to $150.
Mandatory in all states
All states require articles of organization as part of filing your LLC.
Why You Need an LLC Operating Agreement
Member Control
Set your own rules and governance. Without an agreement, your LLC will default to your
state’s regulations.
Liability Protection
Protect yourself and other members from personal liability that could arise if the business is treated as a sole proprietorship or partnership.
Business Clarity
Clarifies ownership, responsibilities, and operations to prevent misunderstandings among
members.
Ready to Start?
Answers to LLC Formation Questions
A quick guide to help you understand the registration process and requirements.
What should an operating agreement include?
Operating agreements vary depending on the business and membership interest. But even single-member LLCs typically include the following provisions:
Member identifying information
Statement of intent
Business purposes
Operating agreement term
Tax treatment
Admission of new members
You may also want to include optional items such as capital contributions, member meetings and voting, and dissolution procedures.
What is the purpose of an operating agreement?
The purpose of an operating agreement is to define rules and guidelines for a business. It can also protect your business against personal liability, financial liability, trade secret sharing, and conflicts of interest.
Can I make my own operating agreement?
Yes, you can draft one on your own. However, working with us can help you be confident that your operating agreement is done right and sufficiently protects your LLC’s members. It’s a simple, quick way to create an operating agreement by answering just a few questions online.
What is membership interest?
Membership interest signifies a person’s ownership in an LLC. A person who has membership interest is entitled to a percentage of the profits and voting rights.
How important is an operating agreement for an LLC?
Operating agreements are very important for all new and existing LLCs. Without an operating agreement, you are unable to establish binding rules for your LLC, protect your assets, and solve potential issues and misunderstandings with other members. Your LLC will also have to default to state operating rules.
Do I need an operating agreement if it’s just me?
It’s wise to draft an operating agreement even if you have a single-member LLC. It can help you protect your assets and interests, especially if you decide to add new members in the future. It can also:
provide rules that will supersede the default provisions of your state’s LLC laws
serve as an additional document to show potential lenders
specify who will take over management of the business
affirm the separation between your business and you personally
What is a limited liability company?
A limited liability company, or LLC, is a type of business entity that is authorized by state law. An LLC is specifically designed to have some of the benefits of a corporation with less of the formality.