Student Entrepreneurs

​​​​General Information

Wisconsin Act 177 was passed by the Legislature, amending Chapter 183 of the Wisconsin Statutes.

Effective May 1st, 2018, for Student Entrepreneurs who meet the following criteria, the $130.00 one-time fee for filing LLC articles of organization will be waived.

  • The student is enrolled in a post-secondary institution in this state.
  • The student is an organizer of the limited liability company or will be a member of the LLC upon its formation, and the LLC is being formed as a business start-up.
  • The student is at least 18 years of age.

Form 502SE​ must be submitted to the Department, together with the completed Affidavit (page 2 of form), affirming that the above information is true. This form may only be filed on paper and only if those involved meet all of the following:

  • At the time of formation, all members of the LLC must be Student Entrepreneurs, as defined above.
  • If the LLC is formed by any organizer(s) who will not become a member of the LLC upon its formation, all such organizers of the LLC are Student Entrepreneurs.​​


Contact Us

Phone: (608) 261-7577
Email: DFICorporations@dfi.wisconsin.gov
Mailing Address:
Wisconsin Department of Financial Institutions
Division of Corporate and Consumer Services
PO Box 93348
Milwaukee, WI 53293-0348
Physical Address:
Wisconsin Department of Financial Institutions
Division of Corporate and Consumer Services
4822 Madison Yards Way, North Tower
Madison, WI 53705