Llc Formation Companies
Description
How to fill out Limited Liability Company - LLC - Formation Questionnaire?
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FAQ
An LLC has pros such as flow-through taxation and limited liability protection. However, there are also disadvantages such as the legal process of ?piercing the corporate veil? and being forced to dissolve the LLC if a member leaves.
Disadvantages of creating an LLC Cost: An LLC usually costs more to form and maintain than a sole proprietorship or general partnership. States charge an initial formation fee. Many states also impose ongoing fees, such as annual report and/or franchise tax fees.
Punctuation It should be treated as part of the business name and not separated by punctuation. For example: Correct: "ABC Company, LLC, is a leading provider of IT services." Incorrect: "ABC Company, LLC, is a leading provider of IT services."
When written in full, your LLC name also has to include the words ?Limited Liability Company? or the initials ?LLC.? It must not mislead. There are some legally enshrined business terms, words, and abbreviations you cannot include in your business entity name.
75 Best LLC Company Names, Ideas, and Examples Shimmering Beauty. The Career Coach. Phoenix LLC. ExeCuteIve. Roll It Up. Joyous. Mentor LLC. Squeaky Clean.