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Limited Liability Company (LLC) KitIf you are planning to form a limited liability company in any state, you can save hundreds of dollars in legal fees by forming an LLC with this kit. It includes all the documents and instructions you will need to successfully form a Limited Liability Company in any state -- and you won't need an attorney! Why form an LLC? Why use this kit? Attorneys typically charge between $500 and $1,000 to form a Limited Liability Company. When a business is new, money is tight; couldn't you find a better way to invest that money? LLCs hybrid a corporation and partnership; the owners of an LLC receive the limited liability of incorporating without all the paperwork and government regulations. An LLC must have two or more owners. This Kit includes all the documents you need to form an LLC in your state, along with full instructions. It discusses what an LLC is and the advantages of forming an LLC in your state. (You will need to pay state fees when you submit the documents; fees vary from state to state, averaging $100 to $150.) So what are the advantages of an LLC? Limited Liability - The liability of the owners is limited to the extent of their investment in the LLC (with the exception of unpaid taxes.) Creditors cannot attach property of the owners. The LLC can enter into contracts, sue and be sued without involvement of the owners. Member Contributions - Capital can vary but it can consist of cash, property, services, or the obligation to contribute additional cash. Tax Options - Properly structured, an LLC is taxed as a partnership rather than a corporation for federal income tax purposes. Since LLC's can be taxed as partnerships it can avoid double taxation. Governmental Regulation - An LLC is subject to fewer governmental regulations and a lot less paperwork and filing fees than the typical corporations. Complete Kit: Forms & instructions with optional CD ROM Software for Windows or MAC |
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*Not intended to diagnose, prescribe for, treat, or claim to prevent, mitigate or cure any disease. The statements made on this web site is for information purposes only and have not been evaluated by the Food and Drug Administration. Consumers are cautioned to read all labels and follow all directions. The information is not intended as a substitute for advice from a physician or other health care professional. You should consult a healthcare professional before starting any diet, supplement or exercise program, before taking any medication, or if you have or suspect you might have a health problem. If you are pregnant or nursing do not take any product without the advice of your healthcare professional. Actual product packaging and materials may contain more and different information than what is shown on our website. We recommend that you do not rely solely on the information presented and that you always read labels, warnings, and directions before using or consuming a product. Potent Herbs, Inc. Copyright 1997-2008. All Rights Reserved. |
