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Selecting the Washington Corporation or LLC Name

While you are choosing a name for your Wasington state based corporation, it should be remembered that the name will be unique and will identify you and your business as a separate entity transacting business in the state. The name for a corporation must end with the word “Incorporated,” “Corporation,” “Corp” or “Inc.”. When developing a name for a limited liability company it must end with “Limited Liability Company” or “LLC” abbreviated.

Since the name will be identifying your corporation or LLC as a unique business entity in the state, the name will not be accepted if it is likely to mislead the public or if it too closely resembles the name of another corporation or LLC formed in Washington state.

You should not use any type of punctuation such as dashes, periods or commas in your business name selection. It is advantageous to try to name your business so that it identifies with the goods or services you will be providing, but this is not required.

Selecting a Board of Directors

Corporations can have several members who serve as directors but are only required to have one. Since the board is responsible for managing the corporation, it is suggested that the board be comprised of people who serve as officers or shareholders who have some type of daily involvement with the corporation. Washington has no minimum age requirements for a director of a corporation.

Washington Taxes

Washington does not have a corporation income tax. All businesses in Washington are subject to the Business and Occupation Tax.

Washington does not maintain an individual income tax so employers are not expected to withhold state income tax. Washington maintains a general sales and use tax of 6.5% with local governments being able to levy from 1% to 2.4% in addition to the general rate.

Registered Agent

The registered agent must have a physical street address within Washington state. PO boxes are not acceptable, within Washington.

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