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Limited Liability Company (LLC)
The most popular type of business entity.
3 reasons for creating an LLC
Protect your assets
- By forming an LLC and keeping your personal finances separate, you can protect your personal assets from business liabilities.
Make things easier
- It’s typically easier to form an LLC than a corporation, and there are simpler rules for things like record-keeping.
Get tax flexibility
- You get to decide how you’re taxed—as an LLC or a corporation—to maximize your ability to save money and minimize tax liability.
Not sure what to choose? Other types of businesses and their benefits
Capable of going public and issuing stock.
Recruit investors, elect a board of directors, and expand internationally.
Give back while protecting your assets as a 501(c)(3).
Get tax-exempt status, tax breaks (if eligible), and apply for grants.
DBA’s make up 50% of all sole proprietorships.
Reduce startup costs, protect your privacy, and branch out your brand.
Already have a business?
Stay compliant with the new mandated business filing report and manage your books
Frequently asked questions
How does forming a business differ between states?
How does forming an LLC differ by state?
- Alabama
- Alaska
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- Delaware
- District of Columbia
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- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
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- Washington – Coming Soon
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