What is an LLC?

Find the right LLC attorney in Duluth, GA

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. 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. Various forms of limited liability companies have been around for hundreds years, but the modern LLC, like the legislature enacted in Georgia, became more popular in the past several decades.

Can My Business Be Formed as an LLC?

Businesses in Georgia 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, fees are often required to form a LLC. The actions of LLC's as well as the costs for operating them are determined by Georgia 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 Duluth may change their forms in particular circumstances. Whether a business may convert to a LLC or not is determined by Georgia 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 Georgia can give you valuable advice.

Talk to a Business Law Attorney now!

Life in Duluth

Duluth, Georgia is a small city located in Gwinnett County. It has a population of about 26,000 people.

Duluth, Georgia is a rapidly-growing suburb of Atlanta. It is home to several major regional shopping centers, and has natrual attractions nearby, such as Stone Mountain and Lake Lanier. These attractions make for a wide variety of available recreational activities, including boating and hiking.

As with many cities in the U.S., Duluth, Georigastarted out as a small trading post, and expanded rapidly with the arrival of a railroad in the 19th Century.

Duluth's modern economy focuses largely on the healthcare sector, and attracts a variety of professionals, including doctors, nurses, and administrative professionals. Forbes Magazine recently ranked Duluth, Georgia as one of the top places in the U.S. for professionals to relocate to, owing to its high quality of life, low cost, and robust job market.

There are plenty of Duluth, Georgia lawyers who can handle just about any type of legal case that an average person is likely to encounter. Whatever legal problem you may have, there is a very good chance that a Duluth, Georgia lawyer can help you solve it.

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