Business Formation Legal Checklist
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Create a business formation legal checklist for [business type] in [state].

Business details:
- Entity type: [LLC/Corporation/Partnership/Sole Prop]
- State of formation: [state]
- Business purpose: [describe]
- Number of owners: [number]
- Anticipated revenue: [range]
- Employees: [yes/no — number]

BUSINESS FORMATION CHECKLIST

ENTITY SELECTION
☐ Entity type selected with counsel
☐ Liability protection needs assessed
☐ Tax treatment analyzed
☐ Management structure decided
☐ Investment needs considered

FORMATION DOCUMENTS
☐ Name availability searched
☐ Name reserved if needed
☐ Articles of incorporation/organization filed
☐ Filing fee paid
☐ Registered agent appointed
☐ Operating agreement/bylaws drafted
☐ Initial resolutions adopted

FEDERAL REQUIREMENTS
☐ EIN obtained from IRS
☐ Tax election made (S-Corp/C-Corp/default)
☐ BOI report filed (FinCEN — new requirement)
☐ Federal licenses if required

STATE REQUIREMENTS
☐ State business license obtained
☐ State tax registration
☐ Workers compensation registration
☐ Unemployment insurance registration
☐ State-specific licenses

LOCAL REQUIREMENTS
☐ City/county business license
☐ Zoning compliance verified
☐ Local permits obtained

BANKING AND FINANCE
☐ Business bank account opened
☐ Business credit card established
☐ Accounting system set up
☐ Bookkeeper or CPA engaged

INSURANCE
☐ General liability insurance
☐ Professional liability if applicable
☐ Workers compensation if employees
☐ Business interruption
☐ D&O if corporation

ONGOING COMPLIANCE
☐ Annual report filing dates noted
☐ Meeting requirements noted
☐ Record keeping system established

Note: Business formation requirements vary by state and entity type — always consult with business attorney

Source: https://promptzyo.com/prompt/business-formation-legal-checklist