How to Create a Series LLC in Vermont

What Is a Series LLC?

A Series LLC is a unique form of a limited liability company that allows for the creation of multiple, distinct series or cells within a single LLC. Each series operates independently, with its own assets, liabilities, and members. This structure allows for the segregation of assets and liabilities among the series, providing a flexible and cost-effective way to manage multiple business ventures under one umbrella entity.

Does Vermont Allow Series LLCs?

As of the current date, Vermont does not authorize the formation of Series LLCs under its state laws. The Vermont Limited Liability Company Act does not include provisions for the creation or recognition of Series LLCs. Therefore, businesses seeking to form a Series LLC must consider other jurisdictions that permit such structures.

Vermont Series LLC Filing Fees and Costs

Since Vermont does not permit Series LLCs, there are no specific filing fees or costs associated with their formation in the state. Businesses should consult the fee schedules of states that allow Series LLCs for accurate information.

Vermont Franchise Tax and Series LLCs

Vermont does not impose a franchise tax on Series LLCs, as they are not recognized within the state. Businesses should review the tax obligations in states where Series LLCs are permitted.

Additional Resources

• Vermont Secretary of State
• Vermont Statutes Online
• Vermont Department of Taxes
• Contact: Vermont Secretary of State, Phone: (802) 828-2363, Email: sos.corp@vermont.gov

This article provides general information about Vermont LLC formation requirements under the Vermont Limited Liability Company Act. It is not intended as legal advice. Persons forming an LLC should consult with a private attorney regarding their specific circumstances.