There are various forms of businesses entities, each with unique benefits and disadvantages. For many small business owners, Limited Liability Companies (LLC) prove to be the most powerful and advantageous due to greater asset protection, tax savings, and easy transferability.
Regardless of the benefits, a single look at the complicated processes of registering as an LLC can intimidate and freeze a business owner in his or her tracks. We The People, a legal document preparation company that operates in NYC can explain the process of forming an LLC in easy to understand terms and quickly prepare the necessary paperwork for small business owners.
According to the New York Department of State, “an LLC is an unincorporated business organization of one or more persons who have limited liability for the contractual obligations and other liabilities of the business.” Business owners who are interested in forming an LLC must choose a name for their LLC, file “Articles of Organization” with the New York Department of State, appoint a registered agent, prepare an operating agreement, and publish a notice of their LLC with two newspapers. We The People will happily assist with each step of this process.
For New Yorkers who are looking to establish a Limited Liability Company or are looking to transition their business from a sole proprietorship to an LLC, it’s absolutely essential to review all of the facts and seek professional counsel. We The People can ensure that business owners are equipped with the knowledge necessary to make wise business decisions and achieve their dream of starting an LLC in NY. To take advantage of We The People’s legal document preparation services or to receive more information about forming an LLC, visit the website or call 212-633-2200.