Starting an LLC with a co-founder in Washington D.C. requires a solid operating agreement. This document outlines ownership, responsibilities, and how the business will be run. For co-founders, it’s especially crucial to address potential disagreements and departures upfront. This guide provides key considerations for your 2026 District of Columbia LLC operating agreement.
Without a comprehensive operating agreement, your DC LLC will be governed by the default rules of the District of Columbia Limited Liability Company Act. These rules may not reflect the specific intentions of you and your co-founder, potentially leading to disputes or unfavorable outcomes. A well-drafted operating agreement provides clarity, protects your individual interests, and sets the stage for a successful partnership. It's the best way to ensure your vision is protected.
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