What is an LLC?

Find the right LLC attorney in Denver, CO

The Limited Liability Company, or LLC, is a legal form of business organization that offers the advantages of several other traditional structures. Like a sole proprietorship or partnership, an LLC is not taxed as its own entity. However, it still has the advantage of limited liability, the same as a corporation. 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. Various forms of limited liability companies have been around for hundreds years, but the modern LLC, like the legislature enacted in Colorado, became more popular in the past several decades.

Can My Business Be Formed as an LLC?

Businesses in Colorado 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, there may be an additional fee required for forming your LLC, determined by Colorado laws that govern the formation and actions of LLC's. When deciding whether to form a LLC, you should consider which laws would apply to your company. Although it may take some time to find, choosing the right business structure for your company will lead to increased profitability.

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

Businesses in Denver may change their forms in particular circumstances. Whether a business may convert to a LLC or not is determined by Colorado law.

How Can an Attorney Help?

A lawyer versed in Colorado business law will be able to advise you of the benefits and costs for forming and maintaining a LLC.

Talk to a Business Law Attorney now!

Life in Denver

Denver is the largest city in the State of Colorado and is known to most as the "Mile High City." Nestled in the South Platte River Valley just to the east of the Rocky Mountains, Denver offers outstanding parks like Washington, Cheesman, and City Parks as well as one of the most scenic amphitheatres, Red Rocks Amphitheatre. It's hosted bands from the Beatles, Jethro Tull, John Denver, the Grateful Dead, and was the favorite of Rock legend Jimi Hendrix. There have been a number of famous recordings done at Red Rocks Amphitheatre for various bands live albums.

Denver is a bustling center of commerce. As the largest city for hundreds of miles, Denver's central location among the Mountain States makes it an ideal location for distribution and transportation of goods going to states in the Southwest and West. Manufacturing plants and corporate headquarters including those of United Airlines, Lockheed Martin, the Coors Brewing Company all call Denver home.

In more recent times the "Mile High City" has been the center of a dot-com boom. Mapquest, DIRECTV, Starz-Encore, and Qwest Communications are just a few of the telecommunications companies who have moved into Denver for it's low cost and high quality of living. Local Denver lawyer are well acquainted with local legal problems.

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