Limited Liability Company (LLC)
Starting a New Limited Liability Company with Filing Express
Starting a new business is an exciting and rewarding endeavor, and choosing the right structure is crucial for long-term success. At Filing Express, we specialize in LLC (Limited Liability Company) formations, helping entrepreneurs navigate the legal and administrative aspects of starting a business. An LLC offers flexibility, liability protection, and tax advantages, making it one of the most popular choices for small to medium-sized businesses
Our LLC formation services streamline the process, from business name registration to filing the necessary paperwork, ensuring that your business is compliant and ready for success. Whether you're just starting out or looking to restructure your existing business, Filing Express provides the expertise and support you need to get your LLC up and running smoothly.
About LLCs
An LLC (Limited Liability Company) is a popular business structure that provides the benefits of both corporations and partnerships. With an LLC, owners (also known as members) enjoy limited liability protection, meaning their personal assets are protected from business debts and liabilities. This makes LLCs an excellent choice for entrepreneurs seeking personal asset protection while maintaining operational flexibility.
Key benefits of an LLC:
- Limited liability protection for members
- Pass-through taxation (profits are passed through to the members and taxed on their personal tax returns)
- Flexibility in management structure and operational decisions
- Fewer formalities than corporations
Whether you’re starting a small business, a family-owned company, or an e-commerce venture, an LLC offers an ideal balance of protection and flexibility.
Types of LLCs
Professional LLCs
A Professional LLC (PLLC) is a specific type of LLC designed for licensed professionals who provide services requiring a state-issued license, such as lawyers, doctors, accountants, and architects. While PLLCs offer the same liability protection and tax advantages as regular LLCs, they also ensure that the members hold the appropriate professional licenses to operate legally.
At Filing Express, we help licensed professionals set up their PLLCs to ensure they meet state-specific requirements. Our team will guide you through the formation process, ensuring compliance with regulations and simplifying the paperwork so you can focus on your practice.
Single Member LLCs
A Single Member LLC (SMLLC) is a limited liability company with just one owner. It offers personal liability protection, separating your personal assets from your business obligations. SMLLCs are easy to set up and manage while providing flexibility in taxation—often treated as a disregarded entity for tax purposes unless you elect otherwise.
At Filing Express, we help entrepreneurs establish their SMLLCs quickly and in full compliance with state laws. Our team simplifies the formation process, ensuring you stay protected while focusing on growing your business.
LLCs and Taxes
LLCs offer versatile tax options to suit your business needs. By default, Single Member LLCs are taxed as sole proprietorships, and Multi-Member LLCs as partnerships. However, you can choose to have your LLC taxed as an S Corporation or C Corporation for potential tax advantages.
At Filing Express, we guide you through understanding and selecting the right tax structure for your LLC. Our experts make sure you stay compliant and help maximize your tax benefits, giving you peace of mind throughout the year.
