As a virtual assistant (VA) in Connecticut, you provide crucial support to businesses. Formalizing your business structure as an LLC offers liability protection and tax benefits. A well-drafted operating agreement is the cornerstone of your LLC, outlining ownership, responsibilities, and operational procedures. This guide provides a framework for creating an operating agreement tailored to your VA business in Connecticut for 2026.
An operating agreement isn't legally mandated in Connecticut, but it's essential for several reasons. It clarifies ownership percentages, management structure (member-managed vs. manager-managed), and profit/loss distribution. It also protects your personal assets by reinforcing the separation between you and your business. For VAs, it's particularly important to define intellectual property ownership, confidentiality protocols, and liability related to client data access. Without it, Connecticut's default LLC rules will govern, which may not align with your specific needs.
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