Hi,
Does anyone own a LLC here, either for consulting or other purposes? Just wanted to get some pointers on the steps to be taken to open one, pros/cons, tax obligations, any insurance needed....
Thanks in advance...
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Hi,
Does anyone own a LLC here, either for consulting or other purposes? Just wanted to get some pointers on the steps to be taken to open one, pros/cons, tax obligations, any insurance needed....
Thanks in advance...
gch
I will tell you what my understanding is. It may not be the best ... so take it with a pinch of salt.
LLC by def is Limited Liability i.e. you need it to protect your personal assets from any liability that might arise as a result of your business activities.
LLC is NOT a required thing to run your business. It is a protection that law offers to you in case you want it.
Quote:
Originally Posted by gchopeful123
gchopeful,
I found legalzoom.com has some videos and FAQs. You might want to check these out:
http://www.legalzoom.com/llc-guide/l...du-center.html -> There is a Free LLC Guide option in the left column...provide your email and they send you a link to pdf with some basic information on LLCs.
http://www.legalzoom.com/business-fo...ormations.html
http://www.legalzoom.com/incorporati...omparison.html
Thanks buddy, I will check it out.
Quote:
Originally Posted by gc0907
Dude, I was also looking in the same direction...Could you please share if you find anything..Quote:
Originally Posted by gchopeful123
Cheers !
I read the LLC Guide by legalzoom and it does have good basic information. Apart from that you can call their support and I am sure they will answer some general questions (I didn't try it though).
Quote:
Originally Posted by Trident
Thanks bud...