Change Oregon LLC name
You can change the name of an Oregon LLC by filing articles of amendment with the secretary of state. Read the step-by-step instructions below:
Official Oregon form to change LLC name
Fill up the LLC amendment form and mail it to the Oregon secretary of state to change an LLC's name.
Amendment form
What is an LLC?
Limited Liability Company
LLC is a business entity in the U.S that provides limited liability to its members. It has characteristics from both corporation and sole proprietorship. LLCs are permitted under State statutes of each US state.
Limited liability
Personal assets are protected for people with limited liability when they are sued.
Corporation
A business entity that can issue shares and give limited liability to shareholders.
Members
Owners of an LLC are referred to as members. They own membership interest in the LLC.
Sole proprietorship
Where an individual engages in business activity without formal organization.
Types of LLC
Depends on the number of members and whether it has elected to change its IRS classification.
Single-member LLC
Has only a single member. IRS considers it as a sole proprietorship for tax purposes.
LLC as C-corp
Owners of an LLC are referred to as members. They own membership interest in the LLC.
Multi-member LLC
Has two members. IRS considers it as a partnership for tax purposes.
LLC as S-corp
A special election for a maximum of 100 US shareholders.
Actions
Step-by-step instructions
How to change an LLC name in Oregon?
Check the steps below:
1. Choose a new name
Before you proceed with changing your existing LLC name, make sure to find a new LLC name that suits your business.
Ensure the name follows the state's LLC naming guidelines. See them in detail below.
Search for possible names through the state's business entity search tool. Make sure the name you pick is available.
2. Reserve the new name (optional)
Optionally, you can reserve a name with the state. You can do so by paying reservation fees to the Oregon secretary of state.
Reservation fee
$100
Reservation period
120 days
3. File articles of amendment
You may fill and file a articles of amendment for the LLC with the secretary of state via mail to update the state of the new name.
Filing fees
$100
Address
Secretary of State,
Corporation Division - 255 Capitol St. NE, Suite 151 - Salem,
OR 97310-1327
4. Update your operating agreement
Make note of the name change in your operating agreement and update accordingly.
5. Update state and federal government records
Check all the government records, including tax registrations, employer records, etc and update your new name.
6. Inform your business contacts
Make sure you update your bank, vendors, customers and other related parties with your LLC's new name
Entity name
Every LLC should have a unique name in Oregon. Oregon maintains a list of names of entities in the state. Go through it to check if your chosen name is available.
Search for names
Go to the official website of the Oregon business name search tool to see if the name you want is available.
Searching fee
Free
Reservation
You can reserve a name for your LLC for a specific duration by paying reservation fees to the Oregon corporation division services. You will have to file your LLC formation documents within this period to keep the name. Alternatively, you can directly go ahead with the LLC formation without any reservation. That's fine too.
Reservation fee
$100
Reservation period
120 days
LLC naming guidelines
The name you choose for your LLC must the official naming guidelines.
ORS §63.094
Visit
Here are some of the guidelines in simple language:
- 1
Shall contain the words limited liability company or the abbreviation L.L.C. or LLC.
- 2
Don’t include terms that indicate that you are doing an activity that you are not authorised to do.
- 3
Your name should be ‘distinguishable’ in the Secretary of State records. Adding a punctuation or ‘the’ does not make it distinguishable.
- 4
Don’t use words that makes it seems like you are a governmental entity or has an affiliation.
LLC Annual Report
Every LLC has to file this report in Oregon to stay compliant with the state laws.
Filing Annual Report
Oregon LLC is expected to file this report annually
File it online on Oregon Secretary of State website
Visit
Online fee
$100
Online processing time
1-2 days
Failure to pay
Any annual report received after the due date will result in your LLC becoming “inactive” with the state.
Frequently asked questions
Related steps in Oregon
LLC in Oregon is a powerful entity for entrepreneurs. After the formation, you may have to add a member, remove a member or change registered agents. Read how to do these actions.
Oregon LLC
Oregon LLC add member
Oregon LLC remove member