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Starting a Business


Forming a Limited Liability Company

Limited Liability Company ( 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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