How to Create a Series LLC in Colorado

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 different series, providing liability protection for each series from the debts and obligations of the others.

Does Colorado Allow Series LLCs?

As of the current date, Colorado does not authorize the formation of Series LLCs under its state laws. The Colorado Revised Statutes do not include provisions for Series LLCs, and thus, they cannot be formed within the state. Businesses interested in this structure may need to consider forming a Series LLC in a state that permits them and then registering as a foreign entity in Colorado if they wish to conduct business there.

Colorado Series LLC Filing Fees and Costs

Since Series LLCs are not permitted in Colorado, there are no specific filing fees or costs associated with them. Traditional LLC formation fees apply.

Colorado Franchise Tax and Series LLCs

Colorado does not impose a franchise tax on LLCs, including Series LLCs, as they are not recognized in the state.

Additional Resources

• Colorado Secretary of State
• Business Division/Formation Page
• Colorado Department of Revenue
• Contact: Phone: 303-894-2200, Email: business@sos.state.co.us

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