How to Create a Series LLC in Connecticut

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 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, providing liability protection between each series. The parent LLC, often referred to as the "master LLC," oversees the individual series, but each series can function as a separate entity.

Does Connecticut Allow Series LLCs?

Connecticut does not authorize the formation of Series LLCs under its state laws. The Connecticut Limited Liability Company Act does not include provisions for the creation of Series LLCs. Therefore, businesses interested in forming a Series LLC must consider other jurisdictions that permit this structure.

Connecticut Series LLC Filing Fees and Costs

Connecticut does not have specific filing fees for Series LLCs, as they are not permitted. For traditional LLCs, the filing fee for the Certificate of Organization is $120.

Connecticut Franchise Tax and Series LLCs

Connecticut does not impose a franchise tax on LLCs, including Series LLCs, as they are not recognized in the state. Businesses should consult the Connecticut Department of Revenue Services for tax obligations.

Additional Resources

• Connecticut Secretary of State
• Business Services Division
• Connecticut Department of Revenue Services
• Contact: Phone: 860-509-6200, Email: crd@ct.gov

This article provides general information about Connecticut LLC formation requirements under the Connecticut 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.