Everything you need to know about one of the most common types of businesses in the United States is here.
Surely in your search process on how to start your company to the United States, you came across a very common term in the business world, LLCs.
An LLC or Limited liability Company, is a type of company in the United States in which the owners keep their personal assets separate from those of the company, as it limits liability when it comes to the debts of this.
LLCs have quickly become one of the most popular business structures for companies in America, in large part because these are viewed as simple and flexible.
Forming an LLC can seem overwhelming, but it is quite the opposite. It becomes really simple once you have a clear idea of how it works. For this reason Prodezk gives you completely free advice from the hand of experts, so that you always have the correct information.
Anyone, whether or not a resident of the United States. that has the following requirements:
If you are a single member you will create a LLC Disregarded.
If there are 2 or more members, it will be a LLC Partnership.
The LLC doesn’t handle stocks therefore it cannot be listed on the stock exchange. Its structure is managed by memberships, which is represented in participation percentages.
Not necessarily, this type of company is stipulated for small and large companies.
These companies are taxed on a personal basis, that is, the taxes are responsibility of the partner who owns the company, and not of the company itself. These are calculated depending on the value of the profits of the company distributed among the partners according to their percentage of participation. To learn more about this topic, click here.
The partner (s) of an LLC may be foreigners. There is no requirement that LLCs have at least one American partner.
LLC assets are separate from partners' personal assets. This means that if there was a lawsuit against the company, it would be solely responsible. In other words, the company’s assets would be the only ones affected, and not those of the partners.
Yes! An LLC can be formed by a single person, which is very common for this type of company, as it protects the assets of this partner against any commercial debt.