Single-Member LLC Operating Agreement Template
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A single-member LLC operating agreement outlines the business activities, management, and ownership of a corporation with 1 owner (member). The agreement is made for formality purposes to o help solidify the company’s status as a separate entity.
It’s recommended a single-member operating agreement be notarized to prove its authenticity and the date it was signed.
A single-member LLC is a company with one (1) owner and is commonly created for tax planning and to separate the owner from the company’s assets and liability. All revenue that is generated by the LLC, after expenses have been properly deducted, will be “passed through” at the same tax rate as the owner’s individual basis.
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