Form an LLC
We are able to form S, C, Non-profit, LLC's and Professional corporations in any of the 50 states.
Form an LLC for $75.00 plus State Fees
Our LLC package includes:
Benefits to Forming an LLC
You can benefit from forming an LLC, even if you are not a big business. It may be a surprise to learn that many LLCs are small. In fact, the benefits of forming an LLC outweigh the benefits of being a sole proprietorship. Opting to file as a LLC is cost and time efficient. Other advantages are as follows--
Your business debt risk is lowered. If you run a general partnership or a sole proprietorship, your debts accumulate. You are personally liable for your business debts, which puts your personal property at risk. But when you choose to form an LLC, your assets much more safe because the corporation provides its owners, or shareholders, with coverage of limited liability protection. In other words, the corporation owner’s personal obligation for the debt greatly decreases and stops any creditors from possibly seizing any of your personal assets, such as your home, property, etc., in order to satisfy any business debts.
Savings on taxes. Your tax advisor or personal accountant can inform you regarding tax benefits for corporations. As an example, corporate income is exempted from life insurance and Social Security, as well as not being liable for Workers’ Compensation. Furthermore, LLCs can enjoy the benefit from health insurance deductions on health insurance payments made by the shareholder/owner.
Extensive duration. The lifetime of an LLC is most likely longer than the life of sole entrepreneurship. In cases where the controlling member(s) sells the business interest, the LLC can still continue to do business. In fact, the life of the LLC is independent of the member(s), even after the death of the member(s).
Greater credibility. When establishing a new business venture, credibility is an issue of importance with potential partners, staff, clients and suppliers. Credibility is achieved easier for an LLC as opposed to sole proprietorships, as well as companies and partnerships that are less formal.
Retirement plans. For LLCs, retirement plans are activated much more easily as compared to general partnerships. Retirement funds are also easily within the reach of LLCs.
Creating funds for business. LLCs have more credibility with banks; otherwise it can be more difficult to secure capital. As an LLC, you will gain credibility with bank managers and clients who will be more favorably impressed with your business.
Transfer of ownership. LLCs have easy access to a transfer of ownership.