Indiana LLC Glossary — Key Terms Defined

Key terms for Indiana LLC formation and maintenance. For formation, see how to form an Indiana LLC.

B

Business Entity Report — Indiana's biennial filing (every 2 years) confirming LLC information. $32 online through INBiz. Due in birth month (registration anniversary). Equivalent to other states' "Annual Report."

C

Certificate of Authority — The filing an out-of-state LLC uses to register as a foreign LLC in Indiana. $100 through INBiz.

Certificate of Existence — Indiana's version of Certificate of Good Standing. Confirms active status and compliance.

Commercial Registered Agent — An entity filed with the Indiana SOS specifically to offer registered agent services. Distinguished from "noncommercial" agents under Indiana's adoption of the Model Registered Agents Act.

County Income Tax — Indiana's unique local income tax (1%-3.38%) imposed on top of the 2.95% state rate. Based on member's county of residence.

I

INBiz — Indiana Business in a Box. The Indiana Secretary of State's online portal (inbiz.in.gov) for all business entity filings.

Indiana Business Flexibility Act — Indiana's LLC governing statute . Provides the legal framework for LLC formation, operation, and dissolution.

INTIME — Indiana's online tax portal (intime.dor.in.gov) for DOR registration, returns, and payments.

N

Noncommercial Registered Agent — An individual or entity serving as registered agent for specific companies without being listed as a general agent service with the SOS.

P

PLA (Professional Licensing Agency) — Indiana agency (pla.in.gov) that regulates professional licenses. Determines which professions need a Professional LLC.

FAQ

Where is Indiana's LLC statute?

Indiana Code Title 23, Article 18. Available at iga.in.gov.