Create Your Operating Agreement With Confidence

Compare top operating agreement services to find the best fit for your business

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Staff Writer

Arorix Editorial Team

Updated: June 14, 2025

1

9.8

EXCELLENT

Best for Free Compliance Docs

2

8.0

EXCELLENT

Best for Privacy + Service

3

8.5

EXCELLENT

Best for Ongoing Compliance

4

9.0

EXCELLENT

Best for Brand + Structure

5

7.8

EXCELLENT

Best for Legal Review Access

6

8.8

EXCELLENT

Best for Fast Turnaround

Looking for a Complete All-in-One Solution?

9.9

Best Overall Business Launch Solution

2

Best for Privacy + Service

8.0

EXCELLENT

Our Guides

Trusted name in DIY legal services

What is an LLC?

Reviews

Tailor Brands Review

Northwest Registered Agent Review

CorpNet Review

Looking for a Complete All-in-One Solution?

What is an Operating Agreement?

An Operating Agreement is an internal document that outlines how your LLC is run. It covers ownership, roles, voting rights, profit splits, and what happens if a member leaves. While not always legally required, it’s essential for protecting your business, avoiding disputes, and proving your LLC’s legitimacy.

Operating Agreements and Taxes

While an Operating Agreement doesn’t get filed with the IRS, it plays a key role in how your LLC handles taxes. It can outline how profits and losses are split, who’s responsible for filing, and whether the LLC is taxed as a sole prop, partnership, or elects S-Corp status. It helps keep tax responsibilities clear and protects your pass-through status.

Operating Agreement Filing Fees and Costs

Included with Formation Packages (Most Affordable):

  • Bizee: $0 + state fees – Free Operating Agreement included

  • Northwest: $39 + state fees – Includes a custom agreement

  • CorpNet: Included in $149+ plans

Standalone Purchase (Moderately Priced):

  • LegalZoom: $99 flat fee

  • Tailor Brands: Part of $199 Elite Plan or as an add-on

  • ZenBusiness: Included in $199/year Pro Plan

Attorney-Drafted (Highest Cost):

  • Custom Legal Drafting: $500–$2,000+
    Best for complex or high-value LLCs—overkill for most small businesses.

Tip:You don’t need to file your Operating Agreement with the state—but keep signed copies safe. All LLC members should have access, and you may need it for banks, investors, or legal purposes later.

Extras to Look For with Operating Agreements

  • Editable Templates: Customize for single- or multi-member LLCs

  • Legal Review: Some services offer optional attorney consultations

  • Compliance Reminders: Stay up-to-date with state requirements

  • Bundled Formation: Save by including it in your LLC package

  • Brand + Legal Tools (Tailor Brands): Great for building your brand and legal foundation together

Why an Operating Agreement Matters

  • Defines Ownership & Roles: Prevents disputes and keeps responsibilities clear

  • Protects Liability Shield: Proves your LLC operates separately from you

  • Essential for Multi-Member LLCs: Covers profit splits and decision-making

  • Often Required by Banks: Needed to open accounts or secure funding

Common Operating Agreement Mistakes to Avoid

  • Skipping It Entirely: Even single-member LLCs should have one

  • Using a Generic Template: May not meet your state’s rules or reflect your structure

  • Not Updating When Things Change: Ownership, roles, or profit splits should always be current

  • Failing to Get Signatures: An unsigned agreement may not hold up legally

  • Poor Storage: All members should have access—don’t lose the only copy

How to Look for the Right Operating Agreement

  • Check What’s Included: Make sure it covers roles, ownership, voting, and profit splits

  • Look for Editable Templates: So you can tailor it to your structure (solo or multi-member)

  • Ensure State Compliance: Confirm it aligns with your state’s LLC laws

  • See if It’s Bundled: Often free or discounted when included in formation packages

  • Consider Legal Review: Some platforms offer attorney add-ons if you want extra peace of mind

Our Guides

Trusted name in DIY legal services

What is an LLC?

Reviews

ZenBusiness Review

Northwest Registered Agent Review

LegalZoom Review