Nc Limited Liability Company Form Of Organization
Description
How to fill out North Carolina Sample Cover Letter For Filing Of LLC Articles Or Certificate With Secretary Of State?
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FAQ
There are three types of corporations: subchapters S, C corporations, and limited liability companies (LLCs).
Regarding the management flexibility and taxation, a PLLC has the same advantages of an LLC. The difference between the two is that the PLLC has some restrictions on who may be a member of the PLLC and the limitation of liability of the members. With an LLC, anyone can be a member, or owner, of the business.
The document required to form an LLC in North Carolina is called the Articles of Organization. The information required in the formation document varies by state.
This document is a foundational document used to create a limited liability company (LLC) as a legal entity recognized by the state. In North Carolina, the Articles of Organization are filed with the Secretary of State.
An LLC may be managed by its members (owners) or by selected managers. If the LLC is to be managed by its members, it operates much like a partnership. Each member has an equal say in the company decision-making process.
