Starting a business doesn’t have to mean navigating a maze of paperwork and legal jargon. With our attorney-backed team and real human support, you get quick and easy LLC formation without cutting corners—so you can launch with confidence.
Everything You Need to Start Your Business
An LLC, or limited liability company, is a business structure created at the state level, offering legal separation between the owner’s personal assets and the business. Each state sets its own rules and requirements for LLCs, making them a flexible option for business owners.
Forming an LLC protects your personal assets by creating a legal distinction between your personal and business liabilities. This means that if your business faces a lawsuit or financial losses, your personal belongings, like your house or savings, are safeguarded.
While forming an LLC is not legally required, it’s highly recommended for businesses looking to separate personal and business liabilities. This distinction can protect your personal assets from business risks, such as lawsuits or debt. An LLC is particularly beneficial for entrepreneurs seeking a balance of simplicity and protection. If you’re unsure whether you need an LLC or another structure like a DBA, LLC Attorney can guide you.
The IRS doesn’t recognize LLCs as a specific tax category, and this gives you flexibility in how your business is taxed. Depending on your choice, an LLC can be taxed as a sole proprietorship, partnership, or corporation.This flexibility allows you to select the tax structure that best suits your business needs, potentially reducing your tax burden. LLC Attorney can guide you through the process of determining which tax option works best for you.
In short, an LLC offers flexibility and fewer formalities compared to a corporation, making it ideal for small to medium-sized businesses. Corporations, on the other hand, are better suited for businesses seeking to raise capital through stock offerings.
Choosing between an LLC and a corporation depends on your business goals and long-term plans. LLC Attorney can help you weigh the pros and cons of LLC vs. Corporation for your situation.
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