Knowing how to accordingly set up a limited liability company is probably the most important step when it comes to establishing your business. This will not only protect the assets from its members but also give you some taxation advantages as well as other aims. The aim of the following article is to show you what steps you will need to take to launch your company, and how to complete our LLCs online form to have your business up and running in no time! Without further ado, here we go.
LLCs: What are They?
According to Cornell.Edu, a limited liability company is a non-incorporated business organization that retains elements of both partnerships and corporations. Our LLC online form allows you a lot of flexibility in arranging the organizations to the specific needs of its investors. This type of business can be formed either by members with equal control over the company or by different percentages of ownership and profit allocations between the members.
Furthermore, LLCs are flexible when it comes to taxation: they can choose between partnerships or corporations type of tax, while they have limited personal liability, which means that an investor or individual in this business can only be held responsible for damages in little circumstances or not at all.
Filling out the LLC Online Form
Now that you know what a limited liability company is, it is time to learn how to constitute it. The first thing you need to do is to decide where the company will be located. Once that has been decided, you can select the state from the list on the left side of our site, the Corporation Center. After that, there is a list of the different business options. The limited liability company button will give you access to the LLC online form.
Even though the requirements vary from state to state, in most of them you will be required to submit some basic information about yourself. First and last name, email address, and phone can be something, to begin with. Later on, you will need to provide three possible names for your business in order of preference, in case they are already taken. They have to be unique and include the words LLC or Limited Liability Company. After that, you will need to provide an address and name of a registered agent. This is a must if you want to complete your Articles of Organization. After paying the appropriate fee, the Corporation Center will take care of submitting the form on your behalf.
Your Business Is Ready to Begin
Now that you have gathered all of this information to fill out your LLC Online form promptly, it is only a matter of following the instructions to leave your business up and running. If there is anything else you would like to know about the services the Corporation Center provides you can contact us through the phone or email and our team of representatives will be happy to assist you.