---
title: "Operating Agreement &amp; Bylaws Drafting | GTC"
description: "Attorney-drafted LLC operating agreements and corporate bylaws. Management, capital, distributions, transfer, and dissolution. Flat fee quoted upfront."
lang: en
json-ld: |
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    {
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      "@type": "Organization",
      "name": "Global Trademark Company LLC",
      "url": "https://globaltrademarkcompany.com",
      "logo": "https://globaltrademarkcompany.com/gtc-logo.svg",
      "description": "Multi-practice IP and business legal firm. Trademarks in 100+ jurisdictions, patents in 10 + PCT, copyrights under Berne. Operating since 2016.",
      "foundingDate": "2016",
      "sameAs": [
        "https://www.linkedin.com/company/globaltrademarkcompany/",
        "https://www.trustpilot.com/review/globaltrademark.co"
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          "telephone": "+1-510-973-4964",
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            "English"
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          "telephone": "+44-7453-347853",
          "contactType": "customer service",
          "areaServed": "GB",
          "availableLanguage": [
            "English"
          ]
        },
        {
          "@type": "ContactPoint",
          "telephone": "+91-6397-329955",
          "contactType": "customer service",
          "areaServed": "IN",
          "availableLanguage": [
            "English",
            "Hindi"
          ]
        }
      ],
      "address": [
        {
          "@type": "PostalAddress",
          "streetAddress": "712 H Street NE, Suite 2094",
          "addressLocality": "Washington",
          "addressRegion": "DC",
          "postalCode": "20002",
          "addressCountry": "US"
        },
        {
          "@type": "PostalAddress",
          "streetAddress": "YSC Complex, 4th floor, A-400, 12 Ajit Singh House, Sri Aurobindo Marg",
          "addressLocality": "New Delhi",
          "addressRegion": "Delhi",
          "postalCode": "110016",
          "addressCountry": "IN"
        }
      ]
    },
    {
      "@context": "https://schema.org",
      "@type": "Service",
      "name": "Operating Agreement & Bylaws Drafting",
      "serviceType": "Operating Agreement & Bylaws Drafting",
      "description": "Attorney-drafted LLC operating agreements and corporate bylaws. Management, capital, distributions, transfer, and dissolution. Flat fee quoted upfront.",
      "provider": {
        "@type": "LegalService",
        "name": "Global Trademark Company",
        "url": "https://globaltrademarkcompany.com"
      },
      "offers": {
        "@type": "Offer",
        "description": "Standard single- or multi-member agreement quoted on a flat fee; manager-managed, multi-class, and JV structures quoted upfront by scope"
      }
    },
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          "name": "Home",
          "item": "https://globaltrademarkcompany.com/"
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          "@type": "ListItem",
          "position": 2,
          "name": "Incorporation & Startups",
          "item": "https://globaltrademarkcompany.com/services/incorporation"
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          "@type": "ListItem",
          "position": 3,
          "name": "Operating Agreement & Bylaws Drafting",
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      "mainEntity": [
        {
          "@type": "Question",
          "name": "Operating agreement vs. bylaws. What's the difference?",
          "acceptedAnswer": {
            "@type": "Answer",
            "text": "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."
          }
        },
        {
          "@type": "Question",
          "name": "Do I really need one if I'm the only owner?",
          "acceptedAnswer": {
            "@type": "Answer",
            "text": "Yes, in most cases. A single-member LLC operating agreement is what shows the company is run as a separate entity, which helps keep the liability shield intact, and many banks and payment providers ask to see one before opening an account. Some states require an operating agreement by statute. A solo corporation still needs bylaws to act lawfully."
          }
        },
        {
          "@type": "Question",
          "name": "Member-managed or manager-managed, which should my LLC be?",
          "acceptedAnswer": {
            "@type": "Answer",
            "text": "Member-managed means the owners run the company directly; manager-managed means day-to-day control sits with appointed managers while passive members stay hands-off. Manager-managed suits investor-heavy or multi-tier structures; member-managed suits owners who all work in the business. We talk through the trade-offs on the structure call and draft accordingly."
          }
        },
        {
          "@type": "Question",
          "name": "What goes into the agreement?",
          "acceptedAnswer": {
            "@type": "Answer",
            "text": "Ownership percentages and capital contributions, how profits and losses are allocated and distributed, voting thresholds and who decides what, transfer restrictions and rights of first refusal, what happens when an owner leaves or dies, and how the company is dissolved and wound up. The clauses are drafted to your specific ownership split, not a generic form."
          }
        },
        {
          "@type": "Question",
          "name": "Can you advise on whether the ownership split is fair?",
          "acceptedAnswer": {
            "@type": "Answer",
            "text": "We draft the agreement and advise on the legal structure and the effect of each clause. The ownership split, the distribution terms, and the commercial decisions are the owners' call. We make sure the document reflects what you decide and protects each owner if the relationship changes. This is not tax or investment advice; where the deal needs it, we coordinate a tax adviser."
          }
        },
        {
          "@type": "Question",
          "name": "What does the fee cover, and what is extra?",
          "acceptedAnswer": {
            "@type": "Answer",
            "text": "Our flat fee covers the structure call, the drafted operating agreement or bylaws, and one round of owner or co-counsel revisions. Manager-managed, multi-class, and joint-venture structures are quoted upfront by scope. Any government, registration, or filing fees are passed through at cost. We do not mark them up."
          }
        }
      ],
      "dateModified": "2026-08-28"
    }
  ]
---

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1.  [Home](/)
2.  ›
3.  [Incorporation & Startups](/services/incorporation)
4.  ›
5.  Operating agreements

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

[Book a Drafting Consultation](/forms/catalog/incorporation-startups/operating-agreements?ref=b2c)

[Excellent ![](/branding/trustpilot/stars-4.5.svg)Trustpilot ](https://www.trustpilot.com/review/globaltrademark.co)

 ![Co-owners and an attorney reviewing an LLC operating agreement at a bright office table](/img/home/hero-library/m-contracts-incorporation-480.jpg)

Entity formed

State-filed & compliant

Papers in order

Bylaws · EIN · agreements

Stays compliant

Annual filings tracked

![](/assets/zaman-VN2VfObh.webp)

Legal team

GTC's formation team

Business counsel

![](/assets/zaman-VN2VfObh.webp)

Legal team

GTC's formation team

Business counsel

10,924+  clients 11  attorneys 5  offices 10+  years 

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Trusted by founders and brands worldwide

![Atlys](/assets/atlys-B5BookJo.webp "Atlys")![Perfora](/assets/perfora-D4_346Y2.webp "Perfora")![Soxco](/assets/soxco-D31kWMAz.webp "Soxco")![BossCare](data:image/webp;base64,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 "BossCare")![Innovist](/assets/innovist-BgYdG_yd.webp "Innovist")![Bacardi](/assets/bacardi-JU27gvk6.webp "Bacardi")![Footcare Lab](/assets/footcarelab-BLfB0WJu.webp "Footcare Lab")![Bare Anatomy](/assets/bare-anatomy-CBhgu9Ro.webp "Bare Anatomy")![Freedom](/assets/freedom-confectionery-HioHiGYc.webp "Freedom")

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.

Already formed, or have a draft cap table? Share your certificate of formation and ownership split and we can scope the drafting faster.

[Start Now](/forms/catalog?subcategory=operating-agreements&ref=b2c)

Why GTC

## Why founders draft the agreement with GTC. 

![](/assets/zaman-VN2VfObh.webp)

Legal team

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](/assets/m-onboarding-bright-welcome-C-heDolY.jpg)

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

Big law firm: yes, at a higher rate 

Big law firm: yes, at a higher rate 

Flat-fee quote before work starts

Drafted in parallel with your formation documents

DIY filing service: no. Conflicts go unnoticed 

DIY filing service: no. Conflicts go unnoticed 

Management, capital, distributions, and transfer covered

DIY filing service: partial, generic clauses 

DIY filing service: partial, generic clauses 

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

Big law firm: yes, at a higher rate 

Doing it yourself

Big law firm: yes, at a higher rate 

Flat-fee quote before work starts

GTC

Online filing services

Doing it yourself

Drafted in parallel with your formation documents

GTC

Online filing services

DIY filing service: no. Conflicts go unnoticed 

Doing it yourself

DIY filing service: no. Conflicts go unnoticed 

Management, capital, distributions, and transfer covered

GTC

Online filing services

DIY filing service: partial, generic clauses 

Doing it yourself

DIY filing service: partial, generic clauses 

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.

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10,924+

Clients served

11

In-house attorneys

5

Global offices

10+

Years since 2016

Operating Agreement & Bylaws Drafting FAQ

## Frequently asked questions

Operating agreement vs. bylaws. What's the difference? 

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.

Do I really need one if I'm the only owner? 

Member-managed or manager-managed, which should my LLC be? 

What goes into the agreement? 

Can you advise on whether the ownership split is fair? 

What does the fee cover, and what is extra? 

[Book a Drafting Consultation](/forms/catalog/incorporation-startups/operating-agreements?ref=b2c)

Around the company

## The rest of your formation stack

The documents that work alongside an operating agreement or bylaws.

[

### Delaware LLC formation

Not formed yet? We file the certificate and draft the operating agreement together so they line up.

Form an LLC

](/services/delaware-llc-formation)[

### Founder agreements

Vesting, IP assignment, and roles between co-founders. The layer that sits over the operating agreement.

Draft a founder agreement

](/services/founder-agreements)[

### Incorporation

Choosing an entity and a jurisdiction? Start with incorporation and we bring the bylaws into it.

Explore incorporation

](/services/incorporation)

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.

[Book My Free 30-Min Consult](/free-consultation)[Or Send Us a Message](/contact)

![GTC counsel on a client consultation call](/assets/m-client-call-bright-iWHveXAG.jpg)

## Site footer

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Secure Every Step of Your Growth

Trusted by brands since 2016

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### Our Offices

United States

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Washington DC 20002

India

4th Floor, A-400, 12 Ajit Singh House  
Sri Aurobindo Marg, New Delhi 110016

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Iskar 75 Str., office 2  
Sofia, Bulgaria

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Guangzhou, China

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Camberley, Surrey GU15 2QR

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