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CorporationsPlus1-888-744-5782Since 1997 - Your one-stop-shop for Delaware Incorporation Services
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A Delaware Limited Liability Company (LLC)
is a hybrid business entity, designed to combine the advantages of a
corporation with the tax advantages of a partnership. Like a corporation,
the owners of an LLC are not personally liable for the LLC’s debts and
obligations. Like a partnership, an LLC can be treated as a pass-through
entity for tax purposes. This may be advantageous for those who cannot meet
the IRS requirements for an “S” corporation and desire the tax pass-through
treatment.
In summary, an LLC provides:
1. the pass-through tax treatment of a partnership
2. the liability protection afforded by a corporation (and not available
with a partnership)
3. the freedom from the restrictive and burdensome qualification and
operating requirements that come with an “S” corporation.
Would you like to know How to FORM an LLC Right Away?
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