What is an LLC?

Find the right LLC attorney in Gresham, OR

The Limited Liability Company, or LLC, is a legal business structure that seeks to combine benefits from across several other traditional business forms. A LLC has the benefits of a corporation's limited liability, but avoids double taxation like a partnership or sole proprietorship. 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 Oregon legislature enacted laws authorizing its formation, the modern LLC has become more and more popular.

Can My Business Be Formed as an LLC?

Oregon allows a company to incorporate using the business form it chooses. To begin as an LLC, a company simply files the necessary form with the Secretary of State. However, there may be an additional fee required for forming your LLC, determined by Oregon laws that govern the formation and actions of LLC's. In deciding whether you should organize as an LLC, you should consider carefully the applicable laws. Finding the right business structure for your company can lead to increased profits, but the process may take some time.

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

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

How Can an Attorney Help?

A lawyer versed in Oregon business law will be able to advise you of the benefits and costs for forming and maintaining a LLC.

Talk to a Business Law Attorney now!

Life in Gresham

Gresham is located in Multnomah County, Oregon. It is near Portland and was named after the Civil War General, Walter Quinton Gresham. The city is the fourth largest in Oregon.

Two very popular attractions are the Center for the Arts Plaza and the Gresham Art Walk. Alongside attractions, the city is also home to many established legal practices run by competent attorneys. These attorneys practice in various areas of law and are easily able to handle the legal needs of residents and local businesses.

Famous residents include Randy Alcorn, Shannon Bex, Brian Burres, Randy Couture, Mike Ekstrom, Nikki Fuller, Katie Harman, Fred Jones, Ronald A. Marks, Angela Via, and William P. Young.

Although some may consider this city overshadowed by nearby, popular Portland, Gresham is definitely worth making a visit to!

Clients Rate LegalMatch Attorneys
(click to read reviews)

Howard B.
Howard B.

Business - Litigation

Rye Brook, NY

Mark B.
Mark B.

Business - Litigation

Roseland, NJ

David A.
David A.

Business - Litigation

Walnut Creek, CA