SERVICES • COMPANY FORMATION
Nonresident Investor
Operating Agreement
We provide you the necessary templates as well as the assistance you’ll need in order to draft an Operating Agreement.
Preparing an Operating Agreement
An Operating Agreement is a legally binding document that all members of an LLC sign. It determines not only the ownership but also the structure of the company.
A Key Document
So, the ITIN is necessary for anyone who IRS requires to file tax returns or, alternatively (and more frequently), prove their federal tax ID but doesn’t have an SSN. Most of ITIN’s functionality centers around business owners and investors being compliant with US tax laws.
That Offers Protection
As a future multi-member LLC owner, you’ll need an iron-clad Operating Agreement that will give you the proper protection and act as your corporate shield when you’re doing business.
And Guarantees Benefits
Here at the Nonresident Investor, we’ve perfected the process of utilizing the benefits of multi-member LLCs in order to provide our clients with a higher level of property protection as well as tax optimization.
Structuring an Operating Agreement
The Nonresident Investor team will help you obtain an ITIN by explaining the entire process to you, helping you obtain the necessary documents, and filing them for you.
Our attorneys will help you draft and fill out the ideal Operating Agreement for you and your business.
The Operating Agreement outlines the important information about the company in question. The OA allows you to customize everything about your LLC — from ownership all the way to the terms of dissolution.
Organization
The OA names all the members of the LLC as well as their individual duties and responsibilities.
Management And Voting
An LLC can have only one manager, and that person will be named in the OA. However, all members have a say in how the LLC operates, which is why this document can also outline the voting power of each member.
Capital Contributions of Members
Each member will have their financial contribution listed (in exact amounts) in the Operating Agreement. According to the contribution that each member gave, they will receive an appropriate percentage of ownership.
Membership Changes
An OA must include all the rules and regulations that clarify the terms and conditions which have to be fulfilled in order for new members to be included (or old members bought out).
Distributions
Operating Agreements have to precisely define the exact distribution of both profits and losses for all multi-member LLC members.
Dissolution
By signing an Operating Agreement, all members of the LLC agree to specific terms that need to be fulfilled in order for the company to be dissolved.
Let’s talk About Your OA
An Operating Agreement protects the LLC’s limited liability status by giving each member protection from personal liability. It also clarifies any “handshake” verbal deals and makes them legitimate in the eyes of the state.
Nonresident Investor has the best Operating Agreement templates for single and multi-member LLCs and will help you draft one that structures your company in the best possible way.
However, we know better than anyone how important a company structure is. That’s why the Nonresident Investor team has several highly specialized legal advisors who will draft a completely unique Operating Agreement for you.
Having a precise OA that doesn’t follow a standard template is actually an excellent business move, since it allows you to determine the terms and regulations for all potential scenarios that might or might not happen in the future.
A good Operating Agreement protects you and your partners and makes doing business easier. With the help of our legal experts, you’ll be able to conquer the real estate market in no time!
Our services were created to assist investors in navigating the complex real estate market, covering everything from LLC formation to property management based on years of experience in the industry.
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