How to Form a limited Liability Company

How to Form a limited Liability Company

by Mark Warda
     
 

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Every year thousands of new businesses are registered throughout the country.

For years Corporations were the preferred forms of business, but in the last decade, limited liability companies (LLCs) have become more popular. In some other business structures, the owners are personally responsible for the debts and liabilities of the business. Creditors can often

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Overview

Every year thousands of new businesses are registered throughout the country.

For years Corporations were the preferred forms of business, but in the last decade, limited liability companies (LLCs) have become more popular. In some other business structures, the owners are personally responsible for the debts and liabilities of the business. Creditors can often collect from personal assets to cover business debts. If an LLC is formed and operated correctly, the owners can be protected from such liability. A cross between a corporation and a partnership, an LLC offers the Tax Advantages of a partnership with the Protection Against Liability of a corporation. It also provides more flexibility and less paperwork than other business structures. How to Form a Limited Liability Company, 2nd Edition, contains everything you need to get your LLC up and running.

Product Details

ISBN-13:
9781572482227
Publisher:
Sourcebooks
Publication date:
03/01/2003
Series:
Sphinx Legal Ser.
Edition description:
2ND
Pages:
208
Product dimensions:
8.51(w) x 10.85(h) x 0.54(d)

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