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Resources for Starting and Running a Business

Advantages of an LLC

Benefits of forming an LLC include:

  • Owners have limited liability for business debts and obligations, protecting their personal savings and possessions.
  • Owners can report their share of profit and loss on their individual tax returns without filing a separate corporate tax return.
  • Owners need not be U.S. citizens or permanent residents.
  • LLCs need not hold annual meetings or record meeting minutes (though we recommend it).

Form your LLC online in minutes or contact a Business Specialist at 800-818-6082 (toll-free) or 302-636-5440.