What is an LLC?

Find the right LLC attorney in West Palm Beach, FL

The Limited Liability Company, or LLC, is a legal form of business organization that offers the advantages of several other traditional structures. An LLC has the same advantage 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 unlimited 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. For hundreds of years, limited liability has been a primary goal of some business forms, but since the Florida legislature enacted laws authorizing its formation, the modern LLC has become more and more popular.

Can My Business Be Formed as an LLC?

Businesses in Florida 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, some charge additional fees for the formation of LLC?s, and in Florida there are particular laws that govern the actions of 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 may take some effort, but it will ultimately make your business more profitable.

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

Changing business forms in West Palm Beach can be done if a company's situation meets specific conditions. Conversion to a LLC is possible if Florida law permits it in your situation.

How Can an Attorney Help?

The decision of whether to form or convert to a LLC is best considered with the advice of local attorneys practicing business law in Florida.

Talk to a Business Law Attorney now!

Life in West Palm Beach

West Palm Beach is a popular area for residents and tourists. It is located in Palm Beach County, which is home to about 1.4 million people. West Palm Beach is in the Southern Florida region.

Some popular sites include the Carefree Theatre, Palm Beach Zoo, Rapids Water Park, South Florida Science Museum, Lion County Safari, International Polo Hall of Fame, Trump International Golf Club, Meyer Amphitheater, and Palm Beach County Convention Center. West Palm Beach is also known for its festivals, such as SunFest, the Palm Beach International Film Festival, and the Winter Equestrian Festival.

Some of West Palm Beach's top employers include Florida Public Utilities, ION Media Networks, Ocwen, Pratt Whitney Rocketdyne, Sikorsky Aircraft, General Dynamics, Cemex, and CSC. West Palm Beach is also filled with many law firms. Thus, the area has many top-notch attorneys capable of handling any and every legal inquiry.

All in all, West Palm Beach is a great place to live and/or visit!

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