Operating agreements + bylaws · LLCs and corporations

    Govern the company before the disagreement.

    The certificate makes the entity exist; the operating agreement or bylaws decide how it runs. A GTC attorney drafts the internal rulebook for your LLC or corporation — management and voting, capital and distributions, transfer restrictions, and dissolution. Commercial terms stay your call; we put them into an enforceable document.

    From $495 Standard agreement on a flat fee; complex structures quoted upfront

    Co-owners and an attorney reviewing an LLC operating agreement at a bright office table
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    How it works

    Three steps to a working agreement.

    1

    Structure call

    Sixty minutes. Who owns what, member-managed or manager-managed, how decisions and votes work, the distribution split, and what happens when an owner leaves. The structure is the hard part; the drafting follows from it.

    2

    Drafting + owner review

    The operating agreement or bylaws are drafted to the agreed structure, alongside your certificate of formation so the internal rules and the public filing do not conflict. All owners review the draft before it is executed.

    3

    Revision + execution

    One round of owner or co-counsel revisions is included. The final document is executed and stored in the company's records, ready to bind new members or shareholders as they join.

    What it costs

    Flat-fee drafting, quoted by scope

    Operating Agreement & Bylaws Drafting starts from $495. A standard single- or multi-member operating agreement, or a set of corporate bylaws, is a flat fee quoted before any work starts. Manager-managed, multi-class, and joint-venture structures are scoped on the structure call and quoted upfront, so you approve the fee before drafting begins. Any government, registration, or filing fees are passed through at cost.

    What's included

    • Management structure: member-managed or manager-managed, with roles and authority defined
    • Ownership percentages, capital contributions, and capital-account mechanics
    • Profit, loss, and distribution allocations to the agreed split
    • Voting thresholds and reserved matters — who decides what
    • Transfer restrictions, rights of first refusal, and buy-sell mechanics
    • Owner departure: withdrawal, death, disability, and buyout terms
    • Deadlock resolution and dissolution and wind-up procedure
    • Drafted in parallel with your certificate of formation or articles
    • One round of owner or co-counsel revisions
    Single-member LLC operating agreement
    Flat fee, quoted upfront
    Multi-member LLC operating agreement
    Quoted by scope
    Manager-managed / multi-class LLC agreement
    Quoted by scope
    Corporate bylaws (C-Corp or S-Corp)
    Quoted by scope
    Joint venture / multi-party agreement
    Quoted by scope
    Government / registration / filing fees
    Passed through at cost

    GTC drafts the agreement and advises on legal structure. Ownership, distribution, and commercial terms are the owners' decision. This is not tax or investment advice; where needed we coordinate a tax adviser, and no outcome is guaranteed.

    Get started

    Draft your operating agreement or bylaws

    Tell us about the company and the owners and a GTC attorney will draft the document and email a flat-fee quote.

    No payment required Reply within 1 business dayA GTC attorney reviews it & sends a flat-fee quote.
    1. 01Your request
    2. 02Documents
    3. 03Your details
    Already formed, or have a draft cap table? Share your certificate of formation and ownership split and we can scope the drafting faster.

    Your request

    1

    Legal name of the entity.

    2

    LLC = Operating Agreement. Corporation = Bylaws (+ optionally a Stockholders' Agreement).

    3

    E.g. 'Delaware', 'Wyoming', 'India'. Drives the default statutory framework.

    4

    List each owner + their ownership % + role (founder / passive investor / employee with equity / etc.).

    5

    Pick all that apply. 'Standard' will use sensible defaults.

    Why GTC

    Why founders draft the agreement with GTC.

    Handled by
    GTC's formation team
    Business counsel
    Attorney-led

    Drafted by attorneys, not a template

    A GTC attorney drafts every clause to your ownership split and structure. Management, voting, capital accounts, and distributions are tuned to the company, not pulled from a generic form that ignores how you run it.

    Aligned with your formation documents

    The operating agreement or bylaws are drafted alongside your certificate of formation or articles of incorporation, so the internal rulebook and the public filing do not contradict each other. Conflicts between the two are where governance disputes start.

    Departure and deadlock built in

    Transfer restrictions, buy-sell mechanics, and dissolution paths are drafted before they are needed. What happens when an owner wants out, dies, or stops contributing is decided up front rather than litigated later.

    Liability protection that holds up

    For single-member LLCs, a proper operating agreement helps keep the liability shield intact by showing the company is run as a separate entity. For corporations, bylaws set the governance a bank, investor, or court expects to see.

    Your Customer Success Team

    A dedicated team that owns your matter from start to finish.

    Every GTC client gets a dedicated Account Manager and a Senior Account Manager who learn your business and stay with you from first email to final filing. They are named people who pick up the phone and already know your matter, so every step moves forward without delay.

    Your Account Manager

    Your day-to-day point of contact, who coordinates every matter, keeps things moving, and already knows your file. They have your full history, so you start every conversation where the last one left off.

    Your Senior Account Manager

    Senior oversight on strategy and escalations, stepping in as your needs grow, so every important detail stays on track.

    A named person, on email or a call, at every step.

    Your dedicated GTC Customer Success Team

    How we compare

    Weighing how to get the agreement drafted? Here's what sets GTC apart.

    What you get GTC Online filing services Doing it yourself
    Attorney drafts to your ownership split and structure
    Flat-fee quote before work starts
    Drafted in parallel with your formation documents
    Management, capital, distributions, and transfer covered
    Buy-sell, deadlock, and dissolution mechanics included
    One round of owner or co-counsel revisions included

    Attorney drafts to your ownership split and structure

    GTC
    Online filing services
    Doing it yourself

    Flat-fee quote before work starts

    GTC
    Online filing services
    Doing it yourself

    Drafted in parallel with your formation documents

    GTC
    Online filing services
    Doing it yourself

    Management, capital, distributions, and transfer covered

    GTC
    Online filing services
    Doing it yourself

    Buy-sell, deadlock, and dissolution mechanics included

    GTC
    Online filing services
    Doing it yourself

    One round of owner or co-counsel revisions included

    GTC
    Online filing services
    Doing it yourself

    The timeline

    From structure call to an executed agreement.

    The hard part is the owner-level conversation; once the structure is agreed, drafting is quick.

    1. Day 0

      Structure call

      Sixty minutes. Ownership split, member-managed or manager-managed, voting thresholds, the distribution plan, and how an owner exits.

    2. ~1 week

      Drafting + owner review

      The operating agreement or bylaws are drafted to the agreed structure, in parallel with your certificate of formation so the two do not conflict.

    3. 1 round included

      Owner / co-counsel revisions

      One round of revisions from the owners or their counsel is included in the fee.

    4. On signing

      Execution + records

      The final document is executed and stored in the company's records, ready to bind new members or shareholders as they join.

    In their words

    All your legal, in one place.

    One accountable team across every practice, operating since 2016.

    10,000+
    Clients served
    11
    In-house attorneys
    5
    Global offices
    10+
    Years since 2016

    Operating Agreement & Bylaws Drafting FAQ

    Frequently asked questions

    An operating agreement is the governing document for an LLC; bylaws are the equivalent for a corporation. Both set the internal rules — management, voting, ownership, and what happens on a transfer or dissolution. The right one depends on your entity type, and we draft to it. If you have not formed yet, we coordinate the document with the formation.

    Operating agreements + bylaws

    Ready when you are.

    Draft the internal rulebook properly — before the disagreement. Book a structure call and a GTC attorney will draft your operating agreement or bylaws and send a flat-fee quote.

    GTC counsel on a client consultation call

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