Limited Liability Companies, or LLCs, are one of the fastest growing types of new business organizations, and one that Smith Rayl Law Office knows well.

A limited liability company is often viewed as a hybrid of a corporation and a partnership. As with a partnership, forming and operating a limited liability company is relatively simple, with few required formalities, and the organization itself is not subject to income tax. As with a corporation, the owners of an LLC are generally protected from personal liability for the businesses debts and obligations.

We have practical experience in creating LLC’s, and in guiding the company founders through all of the hoops to make this type of organization work for them.

Other helpful links:

• Business Ownership Structures
• LLC Basics