LLC

THE ADVANTAGES OF FORMING A LIMITED LIABILITY COMPANY (LLC)

A Limited Liability Company (LLC) is a flexible form of business ownership, similar to a corporation and well suited for small companies with a limited number of owners. The primary purpose of an LLC

is to limit the personal liability of an owner. This means that if a problem occurs with the business, the owner is protected from some of the liability for acts and debts of the LLC, though they might still be responsibility for any debts accrued by fraud or that are beyond the fiscal capacity of the company.

AT GOLDSMAN LAW OFFICE, WE CAN HELP YOU SET-UP YOUR ONE-MEMBER LCC FOR A FIXED FEE OF $399.00 PLUS FILING FEES

Some of the Advantages of an LLC over a Corporation include:

-No loss of power to a Board of Directors;
-Much less administrative paperwork and record keeping;
-LLC's can be set-up with just one member;
-Profits can be taxed personally which eliminates the double taxation problem often found with corporations.

PROFESSIONAL ASSISTANCE AS YOUR BUSINESS GROWS

As your business grows and new members join or invest, we can work with you to develop an operating agreement that meets your business' unique needs.

We can work with you to address such issues as :

-Management rights;
-Members powers to borrow money or execute contracts;
-The admission of future members;
-Dissolution and winding up of the business.

You will find intelligent advice and guidance from a dedicated attorney at the Goldsman Law Office in Philadelphia.

Call today to schedule a free initial consultation. Evening and Weekend hours are available.