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LLC

LLC’s are popular for companies of all sizes, from companies
with a single owner to ones with many owners.

A Limited Liability Company (LLC) is based upon details of both corporations and partnerships. LLC’s allow for ‘pass through’ taxation, similar to partnerships and S corporations. They also feature limited liability for owners, who are only responsible for the amount that they have invested in the company. Articles of Organization are required to be filed with the Secretary of State for the LLC’s home state and it is recommended that an LLC have an Operating Agreement. While an LLC will not in most cases pay taxes, annual reports are still required to be filed, and in some states annual fees are required as well.

At IncbertTM, we specialize in all forms of business designations. Contact us today to find out which option works best for you.

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Disclaimer: The information contained in this site is provided for general information only and should not serve as a substitute for legal advice from an attorney familiar with the facts and circumstances of your specific situation. Incbert™ Inc. performs business formation services; it is not a law firm and does not provide legal advice or legal services. View our Full Disclaimer, Privacy Policy and Terms and Conditions.