Create an operating agreement that outlines the ownership structure of the LLC. Choose a registered agent who is responsible for receiving communications. Register for a state and/or local business license. The final step for creating an LLC is to choose the company’s tax status when you apply...
One of the first decisions you'll make when starting your business is how to structure it. Having done your research on what is an LLC and the types—and ultimately deciding that an LLC is the right structure for your small business—this 7-step guide will help you set up a limited ...
Alimited liability company (LLC)is a business structure that helps shield the personal assets of the owner or owners in the event of a lawsuit, legal judgment, or bankruptcy. This article explains the steps involved in forming an LLC, as well as how to decide whether an LLC is the right ...
If you want to establish a business in North Dakota, registering a limited liability company (LLC) can be a smart move. This business structure provides personal liability protection and is relatively easy to set up. Below, we explain what it takes to start an LLC in North Dakota. Key take...
LLC stands for “limited liability company”. It is defined as a business structure that is allowed by state statute that combining some elements of a sole proprietorship or partnership with aspects of a corporation. This unique classification, like a corporation, enables an LLC to be considered ...
A Limited Liability Company (LLC) is a business structure that protects your personal assets in case your company gets sued. Your personal assets include belongings like your home, car, and personal bank accounts. LLCs are formed at the state level, so the rules and costs vary by state. ...
Need to save time? Hire a company to form your LLC: Northwest ($39 + state fee) or LegalZoom ($149 + state fee) (We recommend Northwest. We've reviewed all the top companies in the industry. And Northwest is our #1 pick for prices, customer support, and address privacy. Check out ...
If you want to form your LLC yourself, follow our free guide below. If you want someone to take care of it for you, we recommend hiring Northwest Registered Agent Need to save time? Hire a company to form your LLC: Northwest ($39 + state fee) or LegalZoom ($149 + state fee) (We...
as the controller of another company’s stock. Holding companies are usually corporations or LLCs that offers their members unique benefits for being part of this type of business structure. Here, we’ll provide aholding company how-tothat will guide you in registering your own holding company....
First off — What is a limited liability company (LLC)? A limited liability company (LLC) is a versatile business structure in the U.S. that combines liability protection with operational simplicity. It can shield the personal assets of its owners, called members, from the company’s debts ...