Many business people are confused by the legal terminology associated with incorporating. If you wondering what is a limited liability company , or a nominee or IRS reciprocity, asset protection compared to other states, how much state tax you will pay, capital gains impacts from a tax perspective and on an on, you are not alone. One of the best ways to have your initial question answered i.e. what is a limited liability company, and many others as well is to take advantage of our free consultation services.

For a Free Consultation Contact Us or call us Toll-Free at 1866-YOURLLC (968-7552) or contact us by email at info@executivesolutions.biz .

We will help you understand what is a limited liability company , and answer your other questions as well about all of the implications and protection you gain when you incorporate. There are tax benefits as well to incorporating and our firm, Executive Solutions can assist you in this area as well as part of our incorporation services and consulting services that we provide.

What is a limited liability company? A limited liability company (LLC) is a business entity created by statute. It has some characteristics of a partnership and some characteristics of a corporation particularly an S corporation. The owners are called "members." There are no shareholders in an LLC. Two or more members have to be designated to organize a limited liability company (LLC). Management of the limited liability company is vested in its managers. A written operating agreement may designate one or more of the members as managers.

The members of a limited liability company should have clear written agreements regarding operations, splitting of profits and tax flow through capabilities. Our firm can help you further understand the advantages of what a limited liability company is all about and how each of the members will participate in the company. Other members, following a prescribed approach, can remove members from the membership. In addition, the manager of a limited liability company does not need to maintain a 1 % investment in the company. This reduces the level of exposure in terms of losses due to lawsuits etc.

For a Free Consultation Contact Us or call us Toll-Free at 1866-YOURLLC (968-7552) or contact us by email at info@executivesolutions.biz .

If you are still wondering what is a limited liability company, call us now at the above phone number or send an email. We will be pleased to assist you can provide you with a free consultation concerning your questions about a limited liability company and what it is. Our web site also has some additional information about limited liability companies.

< Prev           Next >

[ Back ]