What is an LLC?

Find the right LLC attorney in Naugatuck, CT

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. Many business forms have historically been aimed at the goal of limited liability, but the LLC is the most modern of these forms, having become popular since the enactment of laws in Connecticut that authorized its formation.

Can My Business Be Formed as an LLC?

A business in Connecticut can be organized using the form that it chooses. If the founders want to organize as an LLC, all that is required is filing the appropriate form with the Secretary of State. However, fees are generally required to form a LLC. The actions of LLC's as well as the costs for operating them are determined by Connecticut law. You should consider these laws when deciding whether to organize your business as an LLC. Finding the right business structure for your company may take some effort, but it will ultimately make your business more profitable.

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

Businesses in Naugatuck may change their forms in specific circumstances. Whether a business may convert to a LLC or not is determined by Connecticut law.

How Can an Attorney Help?

Attorneys experienced in Connecticut business law can give you valuable input on whether your business would be more profitable as a LLC.

Talk to a Business Law Attorney now!

Life in Naugatuck

With a population of 30,989 (according to the 2000 census), Naugatuck, Connecticut is a sizeable town located spanning on both sides of the Naugatuck River in New Haven County, Connecticut. Of course, being that close to water on both sides, has created some flooding problems for the city. Originally established as a farming community, Naugatuck has grown to incorporate many other industries since it's 1701 inception. One company of interest is H. Barber and Sons, which designs beach rakes and has become the largest business of its type in the world. Naugatuck is also the manufacturing home to Peter Paul, a division of Hershey Foods that produces Almond Joy and Mounds candy bars. Notable current and former residents of Naugatick include Charles Goodyear and baseball player Frank Shea. Quality of life is good for the residents that refer to their home as "Naugy" and there are many fairs and other activities that connect the city. Naugatuck also has an unique approach to government, as it is the only consolidated town and borough in the state of Connecticut. Lawyers in Naugatuck also help improve the quality of life for their fellow citizen. Naigtuck lawyers are skilled in a range of specialties and truly enjoy their craft. Whatever legal issue their fellow Naugy may find themselves confronted with, a Naigtuck lawyer is there to help!

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