A limited liability company is a type of business entity that is recognized in every state. The concept of the LLC structure is to give some legal protection to the owners, while keeping bookkeeping ...
(Editor’s note: “Ask the Attorney” is a VentureBeat feature allowing start-up owners to get answers to their legal questions. Submit yours in the comments below and look for answers in the coming ...
Somehow, we’ve finally made it to 2021, and at least a few readers may have formed new business entities with the Secretary of State that have effective dates of Jan. 1, 2021. Among other benefits, ...
Single member limited liability companies are governed by state business laws, and state and federal tax laws. To avoid general liability, sole proprietors can take advantage of state statutes ...
Americans love to sue each other, and most New Hampshire individuals who own and conduct single-owner businesses are potential targets of claims by their customers, their suppliers, their own ...
I am considering doing some moonlighting work and have been reading up about forming an LLC. My main interest in using an LLC structure is liability protection as I may be doing some ...
At least once a month, I get a call from somebody with the question, "How much of a membership interest do I have to give to a second member so that an LLC is no longer considered to be a ...
Since the adoption of the final "check-the-box" regulations in 1997, single member limited liability companies ("SMLLC" or "SMLLCs") have become one of the fastest-growing and most popular forms of ...
In strictly technical terms, no LLC can sell shares. Ownership in an LLC, or limited liability company, is based on a percentage of the company not by the number of shares owned. That's true for ...
Donald J. Boudreaux, Jr., was the sole owner of a 100% membership interest in SCI Leasing, LLC. On October 19, 2017, Donald transferred a 5% interest in SCI to his father, Donald, Sr. Six months later ...