What is an LLC?

Find the right LLC attorney in Kendall, FL

The Limited Liability Company, or LLC, is a legal form of business organization that offers the benefits of several other traditional structures. An LLC has the same benefit of limited liability that a corporation does, but without being taxed as its own entity. Instead, it's taxed more similarly to a sole proprietorship or partnership. Like a corporation, the LLC can also have an endless amount of shareholders, called members. Unlike a corporation however, if a member dies, files for bankruptcy, or otherwise leaves the LLC, the company is dissolved. Different forms of limited liability companies have been around for hundreds years, but the modern LLC, like the legislature enacted in Florida, became more popular in the past several decades.

Can My Business Be Formed as an LLC?

In Florida, a business can be formed using the form that it chooses. Opening an LLC just requires that the business founders file a form with the Secretary of State. There can be a fee required for opening your LLC, however. Applicable Florida laws govern the formation of LLC's and their actions. These laws should certainly help you decide whether to organize as an LLC. The business structure that is appropriate for your business might take some effort to find, but finding the right business form can reward you with increased profitability.

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

Businesses in Kendall might sometimes change form. A company is eligible for conversion to an LLC if its situation falls under circumstances that are detailed by Florida law.

How Can an Attorney Help?

Lawyers practicing business law in Florida can advise you on whether it would be favorable for your business to form or convert to a LLC.

Talk to a Business Law Attorney now!

Life in Kendall

Kendall is a small suburb of Miami, Florida. It is a quick drive to Downtown Miami and the Miami International Airport. Some popular schools located in Kendall include Kaplan University and Nova Southeastern University.

Being so close to Miami, Kendall residents have access to the large legal force in Miami. In other words, Kendall residents can seek the aid of small, mid-size, and large law firms located in Miami for all their legal needs. These firms train excellent attorneys with sharp minds and ambition, who are devoted to providing excellent legal services.

Many people who want to take advantage of the work force in Miami, yet do not want to live in the "daily city grind" call Kendall their home. Some famous residents include Janet Reno and OJ Simpson!

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