What is an LLC?

Gilbert LLC Attorneys, AZ

Find the Right Lawyer Now

The Limited Liability Company, or LLC, is a legal form of business organization that offers the advantages of several other traditional structures. An LLC enjoys the same type of limited liability as a corporation, but like the sole proprietorship and partnership, it is not taxed as its own entity. Also like corporations, LLC's can have as many shareholders, or members, as it likes. Unlike a corporation however, the death or bankruptcy of one of the members will dissolve the LLC. Limited liability has historically been a primary goal of many business forms, but since the legislature authorized it in Arizona, the modern LLC has become increasingly popular.

Can My Business Be Formed as an LLC?

Businesses in Arizona can organize using whatever form they choose. The office of the Secretary of State is the organization that accepts filings by those who want to open LLC's. However, some charge additional fees for the formation of LLC?s, and in Arizona there are particular laws that govern the actions of LLC?s. Applicable laws are a primary consideration in the decision of whether to organize as an LLC. The right business structure for your company may be difficult to find, but different structures can end up saving your company a lot of money.

Can I Change the Form of My Business to an LLC?

Under specific conditions, a business in Gilbert may change its form. Eligibility for conversion to a LLC is determined by Arizona law.

Find a Gilbert Lawyer that Specializes in Your Area of Need:

LLC Attorneys and Law Firms in the Largest AZ Cities

Show Arizona Cities

Life in Gilbert

Gilbert is a Maricopa County city that was ranked 24th safest city in the United States based on FBI crime statistics. Gilbert also maintains a top-notch school system that earned the title of 36th best place to live by GreatSchools.org. A large percent of Gilbert's 209,000 residents is comprised of families and young professionals, unsurprisingly. The rapidly growing high technology, renewable energy, and life sciences economy supports a wide range of high paying jobs. In fact, the average household income in Gilbert is $98,213 and over 1/3 of the adults hold higher than a bachelor's degree.

There are some very reputable lawyers living in Gilbert and know the local courts systems very well. Gilbert lawyers advise clients on a wide range of cases. Lawyers in Gilbert are knowledgeable of local courts so they'll be able to work with you to determine the best course of action for your case and with which court you should file you claim.

Gilbert is an attractive community for its plentiful amenities too. There are a number of shopping centers that serve the area of Gilbert as well as movie theaters and fun parks. Gilbert offers a number of public parks with picnic and barbeque accommodations. Bike paths and lanes make it easy for cyclists to safely travel throughout Gilbert. Josh Betley, professional BMX rider, lives in Gilbert.

How Can an Attorney Help?

Whether it would be advantageous for your business to form or convert to a LLC is a difficult decision. An attorney practicing business law in Arizona can give you valuable advice.

Find the Right Lawyer Now

Breach of Contract Lawyers in Other Arizona Cities and Towns

Top Rated Lawyers

View attorney profiles and see how other LegalMatch users rate attorneys that may respond to your case.

Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Russell (Russ) B.

Russell (Russ) B.

Van Buren, MI

Business - Transactional

Rating (1 users) *****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Albert L.

Albert L.

Kings, NY

Business - Transactional

Rating (4 users) *****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Francis H.

Francis H.

Chester, PA

Business - Transactional

Rating (1 users) *****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer James H.

James H.

Big Stone, MN

Business - Transactional

Rating (1 users) *****
See Reviews

Need a Business Lawyer?

No obligation - Lawyers compete for your case. Choose your issue & get started now: