What is an LLC?

Find the right LLC attorney in Miami Gardens, 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?

The right business form is a decision left up to each business that openes in Florida. An LLC is started just by filing the appropriate form with the Secretary of State. Fees are regularly charged for opening LLC's, however, and Florida law determines the costs for creating LLC's. 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?

Businesses in Miami Gardens 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?

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

Talk to a Business Law Attorney now!

Life in Miami Gardens

Miami Gardens is a suburb of Miami. It is home to approximately 107,168 people. It is also known for having the largest Black population in Florida.

Since many know South Beach, the smaller area of Miami Gardens is not as well-known. However, Miami Gardens is home to the Miami Dolphins! The Miami Dolphins play in Sun Life Stadium, near Lake Lucerne. This stadium is host to the annual Orange Bowl for college football. Therefore, if South Beach is filled with a stretch of beautiful beaches, Miami Gardens caters to athletes and sports lovers.

Further, Miami is filled with law firms of all sizes. Therefore, the residents of Miami Gardens will have no issue finding proper legal help. The legal force in Miami is capable of handing any legal inquiry.

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