|
Two of the main benefits of forming an LLC are that the company's profits are taxed only once, and an LLC is subject to fewer regulations than a corporation, yet the LLC still provides the owner with some protection from business liabilities.
Many people choose to form their LLC in Delaware even though that is not their home state. Delaware laws provide for flexibility in conducting business, allows anonymity of the company's owners, and Delaware LLC's provides strong protection from business losses for the owner's personal assets. In addition, Delaware does not have any sales or personal property tax.
Many online services can assist you with forming your Delaware LLC, even if you live in another state.
|
