Set Up a Limited Liability Company

What is a LLC?

1. A LLC ("LLC ") is a separate State Created legal entity created by filing a certificate and executing LLC bylaws.

An LLC is owned by its members holding shares, or stock certificates. Owners of an LLC are shareholders of a LLC.

2. What are the Advantages of an LLC?

It avoids personal liability for business actions and saves on taxes.

Limited Liability:

The shareholder's liability is generally limited to the amount of shares invested in the LLC.