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Forming a Limited Liability Company

Free Legal Help > Business and Employment Legal Help > Starting a Business > Incorporation > Forming a Limited Liability Company

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Limited Liability Companies ( LLCs) combine personal liability protection of a corporation while offering the tax benefits of a partnership.

Benefits of a Limited Liability Company

  • Owners of an LLC are not personally liable for its debts and liabilities.
  • Owners of an LLC are only taxed once on profits (owners of a corporation are taxed twice)
  • LLCs require less paperwork on an ongoing basis than an S Corporation
RocketLawyer.com can help you form your Limited Liability Company and create the business legal forms you need to manage your business.

 
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This content is for information only and may be incomplete. It is not intended to be legal or tax advice.
You are encouraged to consult with your own attorney, accountant or other advisor.



 
     
 
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