What is a limited liability company?
Limited liability Company.
A limited liability company is a legal entity organized under the laws of the state of incorporation for any legal purpose. As an independent legal entity, LLCs may engage in legal battles— sue and be sued, enter into contracts, among others. Limited Liability Companies are able to pursue financing for business ventures, and incur debt. However, generally the debts of the company do not affect and are not debts owed by the owners.
Limited Liability Companies are very flexible and may be organized for any legal purpose. LLCs can be managed by its owners or a manager, and its structure is less complex than that of a corporation. Limited liability companies are generally perceived as easier entities to manage and that makes them the preferred company type for new business owners.
Even when simple, starting a new business is hard, let us take care of incorporating your company so you can focus on running the business.