Is it time to go into business for yourself? Are you tired of working long hours for the benefit of someone else’s bottom line? Maybe it is time to finally put your years of experience and expertise into your very own venture. If you find yourself at this particular intersection, it can be an exciting–if nerve-wracking–time. Starting your business can be the gateway to prosperity, but it does not come without a degree of risk. For this reason, it is important to do whatever you can as a business owner to create an easier, more sustainable path for growth. Like many entrepreneurs, you may find that forming a Limited Liability Company (LLC) is a great way to mitigate risk. By filling out our online LLC applications, you can also create your business structure quickly on the web.
One reason LLCs are so popular is their widespread availability. Unlike Limited Liability Partnerships (LLPs), LLCs are available in all 50 states. As a business owner, this can afford you a high degree of flexibility. If for whatever reason, you wish to relocate your business, you can still create an LLC. Some businesses also opt to form their LLCs in other states due to certain tax incentives.
Why an LLC Often Makes Sense
One of the main draws for creating an LLC is the concept of “limited liability”. As a business owner, you do whatever you can to operate fairly and in a way that is profitable, but still, sometimes lawsuits or bankruptcy are unavoidable. In such an instance, forming an LLC can protect the personal assets belonging to you and the other members of the organization. Understandably, this makes creating an LLC something of a no-brainer for many.
There are also some considerable tax advantages to creating a Limited Liability Company. The Internal Revenue Service (IRS) views LLCs as “flow-through” organizations. This means that any profits created by your business are not taxed until they flow through the members of the LLC, who then pay taxes on their personal salaries. This is unique from some corporate structures, which often find themselves paying taxes at both levels.
How to Complete Our Online LLC Applications
So, you have decided an LLC is right for you. It is time to complete your Articles of Organization using our streamlined web forms. In order to do this, you will need to locate your state on our side navigation, and then click the path to create an LLC. While every state’s requirements vary, there are some general pieces of information that you should prepare to have. The name and location of your business, as well as its members, are compulsory. You will also need to appoint a registered agent to handle all legal correspondence on behalf of your business.
With this information ready, you can follow our easy-to-understand prompts and file your documents online with just a few clicks. If you would like to learn more about our services, take a moment to browse our FAQ page, or contact us by phone or email today.