What is an LLC?

Find the right LLC attorney in Littleton, CO

The Limited Liability Company, or LLC, is a legal form of business organization that offers the benefits 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 benefit of limited liability, the same as a corporation. Also like corporations, LLC's may 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. Business forms with limited liability have existed for hundreds of years, but the modern LLC became more popular in Colorado since the legislature enacted laws authorizing its creation.

Can My Business Be Formed as an LLC?

A business in Colorado can be organized using the form that it chooses. If the founders want to organize as an LLC, all that is necessary is filing the appropriate form with the Secretary of State. There can be a fee required for opening your LLC, however. Applicable Colorado laws govern the formation of LLC's and their actions. You should consider these laws when deciding whether to organize your business as an LLC. Finding the right business structure for your company might take some effort, but it will ultimately make your business more profitable.

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

A business in Littleton may change its form under certain conditions. Whether or not a business is eligible for conversion to a LLC is a determination made by applicable Colorado laws.

How Can an Attorney Help?

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

Talk to a Business Law Attorney now!

Life in Littleton

Littleton, Colorado is a home-rule municipality, which serves as the county seat of Arapahoe County. It has a population of approximately 40,000 people.

Littleton is a suburb of Denver, the largest city in Colorado. Among professionals who work in Denver, Littleton is a popular place to live, because it is seen as a quiet, friendlycommunity.Littleton traces its history back to 1859, with the Pike's Place gold rush. The Little family (for whom the town is named)established a flour mill, which provided a solid economic base for the city's continued growth.

However, Littleton, Colorado is perhaps best known for its association with the 1999 shooting at Columbine High School. Early media reports erroneously reported that the school was in Littleton, but it is actually located outside the city limits.

Littleton, Colorado is a fairly affluent community, with a relatively high median household income, and a low percentage of the population living below the poverty line.

If you live in Littleton, Colorado and need an attorney, it's highly likely that you'll be able to find a good Littleton, Colorado lawyer. Littleton,Coloradolawyers are well-trained and competent, and can probably handle whatever legal problem you might have.

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