What is a LLC

                                     What is a limited liability company?

The limited liability company or LLC is not a partnership or a corporation. An LLC is a distinct type of business that offers an alternative to partnerships and corporations, by combining the corporate advantages of limited liability with the partnership advantage of pass-through taxation.

                           What paperwork is required to form an LLC?

Articles of organization must be prepared and filed with the state and filing fees, initial franchise taxes, and other initial fees must be paid.

If your LLC is formed through Anton Legal Expert LP, all you need to do is complete our simple order form. We will prepare and file your articles of organization and pay the initial filing fees

                                   Do I need an attorney to form an LLC?

No, an attorney is not a legal requirement. You can prepare and file the articles of organization yourself; however, you should understand the requirements of your intended state of formation.

You can use our service to form your LLC and save money on attorney's fees. However, if you are unsure of what entity type would be most beneficial to your business, consult an attorney or accountant.

                                     What should I name my LLC?

Choose the name of your LLC carefully. It is very important that your name portray the image you want for your new company. Legally, the name you select must not be "deceptively similar" to any existing company or must be "distinguishable on the record" of your state.

For example, if an LLC named Flower LLC exists in your state, you probably would not be allowed to name your business Flour Limited Liability Company. It is possible that the name you select will not be available; therefore, we ask for a second choice on the LLC order form.

Additionally, most states require that the name you select show your business is a limited liability company, by including the words "Limited Liability Company," or the abbreviation LLC.

                           How many people are needed to form an LLC?

The IRS does allow one member LLCs to qualify for pass-through tax treatment; however, taxation of one person LLCs at the state level may be different.

                             What is the organizational structure of an LLC?

An LLC is owned by its members. They are analogous to partners in a partnership or shareholders in a corporation, depending on how the LLC is managed. A member will more closely resemble shareholders if the LLC utilizes a manager or managers, because then the members will not participate in management. If the LLC does not utilize managers, then the members will closely resemble partners because they will have a direct say in the decision making of the company.

A member's ownership of an LLC is represented by their "interests," just as partners have "interest" in a partnership and shareholders have stock in a corporation
 

Order your corporation, LLC or nonprofit formation in any state of US.
Establish your corporation or Limited Liability Company (LLC) with our easy online form. It's fast and affordable! More details please send e-mail at : anton@antonlegalexpert.net
Prefer to incorporate by phone? Call at international: 0040726731020

 

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