Thursday, June 22, 2017
   
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LLC

A Limited Liability Company (LLC) protects your assets like a corporation, but without the burden of corporate maintenance. That's why it's becoming the most popular way to start a business.

  • Simple management structure
  • Less paperwork; no meeting requirements
  • No double taxation
  • Same liability protection as a corporation
  • No corporate tax, profits passed directly to owners
  • Fewer corporate formalities required
  • Personal liability protection for owners
  • Income/loss passed directly to members
  • Option to be taxed as a C-Corporation/S-Corporation or Partnership
  • Annual state reports
  • No membership restrictions

 

For more details, please contact us.

 

 

 

 

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