A limited liability company (LLC) is a type of business structure that combines elements of a corporation and a partnership. LLCs are popular because they offer the liability protection of a corporation with the tax benefits of a partnership.

In an LLC, the owners, who are called members, are not personally liable for the debts and obligations of the business. This means that if the LLC is sued or incurs debt, the members’ personal assets, such as their homes and savings, are typically not at risk. This is in contrast to a sole proprietorship or partnership, in which the owners are personally liable for the debts and obligations of the business.

LLCs are also flexible when it comes to taxation. They can choose to be taxed as a partnership, in which the business’s profits and losses are passed through to the members and taxed at the individual level, or as a corporation, in which the business is taxed as a separate entity.

Overall, LLCs offer the benefits of limited liability protection and flexible taxation, making them a popular choice for small businesses and entrepreneurs.

We can make for following States:-

  • Florida
  • Texas
  • Michigan
  • Wyoming