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Limited Liability Incorporation

Limited Liability Company

If you are thinking about incorporating your business, our site is an information resource to provide the necessary assistance in creating a Limited Liability Corporation for asset protection, tax savings, and privacy benefits.

Whether you choose a structure of a C-Corporation, S-Corporation, or Limited Liability Company (LLC), the decision to incorporate will provide your business with the power, privacy, and prestige that you have been seeking. Corporations operating in the United States receive a number of favorable tax deductions that are not normally available to sole proprietors or partnerships. With tax time in full swing - our strategies can help your small business to reduce taxes and keep your estimated tax payments at a minimum.

When choosing a state to incorporate in (you can incorporate in any state you wish), the State of Nevada comes out time and time again as a best choice for asset protection, privacy and tax savings. In today's litigious society, business owners are a prime target for a lawsuit.

The United States has:

  • 5% of the world's population
  • 74% of the world's lawyers
  • 94% of the world's lawsuits

You are a prime target as a business owner -- and as an unincorporated sole proprietor you have unlimited liability for a lawsuit against your business. Let's say you are a plumber, and you run over someone accidentally with your work truck. You have unlimited liability - including your personal assets such as your home or personal vehicles for the judgement of the lawsuit against your sole proprietor business. What about insurance you ask? Insurance will only cover up to your maximum limit. Today, multi-million dollar judgments are unfortunately common.

In the same story above (accident with your work truck) as a general partnership (GP), not only would you be responsible for your own accident -- you could lose your home for the same accident by your partner. Despite your lack of involvement, partners have unlimited liability for the actions of themselves AND their partners.

This site will detail the benefits available to you once you incorporate in plain language. Please take the time to check out a variety of our incorporation services from this site to create your limited liability company.

This information site does not provide legal or accounting advice. For legal or accounting advice, please consult a professional such as a Certified Public Accountant or Attorney.

 

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