{"id":29174,"date":"2024-05-20T10:17:12","date_gmt":"2024-05-20T10:17:12","guid":{"rendered":"https:\/\/boostsuite.com\/?page_id=29174"},"modified":"2024-07-02T17:49:25","modified_gmt":"2024-07-02T17:49:25","slug":"washington","status":"publish","type":"page","link":"https:\/\/boostsuite.com\/how-long-does-it-take-to-get-an-llc\/washington\/","title":{"rendered":"How Long Does it Take to Get an LLC in Washington ? (2024 Guide)"},"content":{"rendered":"\n

Forming a Limited Liability Company can be a massive undertaking for any business owner. While you don\u2019t have to jump through as many hoops to start a new LLC as you would if you wanted to start a corporation, there\u2019s still a lot of paperwork to file and considerations to make. And then once you\u2019ve got all of that done, you have to wait for the Secretary of State to contact you for approval. In this guide we\u2019ll clear up any confusion you may have about the formation process, tell you all the steps you need to take, what it\u2019s like to do business in the state, and how long the formation process can take. <\/p>\n\n\n\n

Discovering Washington<\/h2>\n\n\n\n

Washington is known as the Evergreen State because of the large number of trees it contains, with forests covering more than half the state. <\/p>\n\n\n\n

If you look at a map of the contiguous U.S. (which doesn\u2019t include Hawaii or Alaska), Washington is up in the Northwest Corner. It has borders with Canada, British Columbia, Idaho, Oregon, and the Pacific Ocean. <\/p>\n\n\n\n

Some of the geography of the state includes mountains, rain forests, hills, beaches, valleys, rivers, tons of little flattened hills that are called mima mounds, the Mount St. Helens volcano, and the biggest lava plateau in the world called the Columbia Plateau. It\u2019s home to the Olympic Mountains, the Cascade Mountains, the Rocky Mountains, Mount Ranier which is the 5th highest mountain in the U.S., the Palouse Hills, and the Olympic National Park which is so dense that experts believe it has sections that haven\u2019t been explored yet. <\/p>\n\n\n\n

Washington is one of the nation\u2019s biggest producers of plywood and lumber. It also mines aluminum, gold and lead. <\/p>\n\n\n\n

Economic Overview of Washington<\/h3>\n\n\n\n

The state\u2019s Gross State Product (GSP) is $577.2b, and it had a growth rate of 3.6% from 2017-2022, which puts its GSP growth rate at the 2nd in the country. <\/p>\n\n\n\n

The biggest industries in the state according to revenue are Software Publishing, Hospitals, New Car Dealers, Drug, Cosmetic & Toiletry Wholesaling, and E-Commerce & Online Auctions. The biggest employers in Washington are Amazon.Com Inc., Microsoft Corporation, the University of Washington, Boeing Co, and Walmart Inc. And the sectors that contribute the most to the state\u2019s GDP are Information, Real Estate & Rental & Leasing, Retail Trade, Manufacturing, and Professional, Scientific & Technical Services. <\/p>\n\n\n\n

Washington is known to be where Starbucks got its start, as well as Boeing Co. and Microsoft Corp. With its location on the coastline, it\u2019s one of the nation\u2019s biggest exporters. And it\u2019s agriculture industry is so expansive that it supplies much of the nation\u2019s apples, milk, potatoes and cattle. Aerospace and military defense are big in Washington, too. <\/p>\n\n\n\n

Business Environment in Washington<\/h3>\n\n\n\n

According to Usnews.com, Washington\u2019s economy is #13 in the country, #4 in business environment, #27 in employment and #17 in growth. It\u2019s rated #4 for long-term fiscal stability and #8 for short-term fiscal stability. <\/p>\n\n\n\n

It\u2019s rated #3 for energy because 49.7% of its energy usage is renewable, compared to the national average of 12.3%. It also ranks quite well for air and water quality and pollution, #9 and #15 respectively. <\/p>\n\n\n\n

It was rated #46 for affordability, which makes sense because the cost of living index in Washington is 108.9 (100.0 nationally). The median household income in the state is $84,247, which is well above the national average of $69,717. <\/p>\n\n\n\n

State Specific Regulations and Incentives for Forming an LLC in Washington<\/h3>\n\n\n\n

Here\u2019s a look at the incentives designed to support businesses. <\/p>\n\n\n\n