How long does an LLC last?
An LLC lasts indefinitely (perpetually) unless you specify an end date in your Articles of Organization, the members vote to dissolve it, or the state administratively dissolves it for non-compliance. Most LLCs are formed with perpetual duration and continue to exist until the owner actively chooses to close it.
An LLC can be terminated in three ways: (1) Voluntary dissolution — members vote to dissolve per the operating agreement terms, file Articles of Dissolution with the state, and wind up business affairs. (2) Administrative dissolution — the state dissolves the LLC for failing to file annual reports, maintain a registered agent, or pay required fees. This can usually be reversed by filing for reinstatement and paying all back fees plus penalties. (3) Judicial dissolution — a court orders dissolution due to member disputes, fraud, or inability to carry out the LLC's purpose. To keep your LLC alive indefinitely, simply maintain compliance: file annual reports on time, keep a registered agent active, and pay all state fees.