Liability Company Kit
If you are planning to form a limited liability company in any
state, you can save hundreds of dollars in legal fees by forming an
LLC with this kit. It includes all the documents and instructions you
will need to successfully form a Limited Liability Company in any
state -- and you won't need an attorney!
WHY FORM AN LLC? WHY USE THIS KIT?
Attorneys typically charge between $500 and $1,000 to form a Limited
Liability Company. When a business is new, money is tight; couldn't
you find a better way to invest that money? LLCs hybrid a corporation
and partnership; the owners of an LLC receive the limited liability of
incorporating without all the paperwork and government regulations. An
LLC must have two or more owners. This Kit includes all the documents
you need to form an LLC in your state, along with full instructions.
It discusses what an LLC is and the advantages of forming an LLC in
your state. (You will need to pay state fees when you submit the
documents; fees vary from state to state, averaging $100 to $150.)
SO WHAT ARE THE ADVANTAGES OF AN LLC?
LIMITED LIABILITY - The liability of the owners is limited
to the extent of their investment in the LLC (with the exception of
unpaid taxes.) Creditors cannot attach property of the owners. The LLC
can enter into contracts, sue and be sued without involvement of the
MEMBER CONTRIBUTIONS - Capital can
vary but it can consist of cash, property, services, or the obligation
to contribute additional cash.
TAX OPTIONS - Properly structured,
an LLC is taxed as a partnership rather than a corporation for federal
income tax purposes. Since LLC's can be taxed as partnerships it can
avoid double taxation.
GOVERNMENTAL REGULATION - An LLC is
subject to fewer governmental regulations and a lot less paperwork and
filing fees than the typical corporations.
HOW CURRENT IS THIS PUBLICATION?
Many states change their laws and requirements several times
a year. That's why we update this kit on a monthly basis if needed.
Other publishers update theirs once every 1 to 3 years. We are also the
only publisher to offer you a money-back guarantee that our kit will
truly work for you. We feel our kit is the best available - it's the
easiest, most up-to-date and guaranteed. What more could you ask for?