What is an LLC?

Find the right LLC attorney in Allentown, PA

The Limited Liability Company, or LLC, is a legal business structure that seeks to combine advantages from across several other traditional business forms. A LLC has the advantages of a corporation's limited liability, but avoids double taxation like a partnership or sole proprietorship. Also like corporations, LLC's may 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. Business forms with limited liability have existed for hundreds of years, but the modern LLC became more popular in Pennsylvania since the legislature enacted laws authorizing its creation.

Can My Business Be Formed as an LLC?

A business in Pennsylvania can be organized using the form that it chooses. If the founders want to organize as an LLC, all that is necessary is filing the appropriate form with the Secretary of State. However, some charge additional fees for the formation of LLC?s, and in Pennsylvania 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 might 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 Allentown can be done if a company's situation meets specific conditions. Conversion to a LLC is possible if Pennsylvania 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 lawyers practicing business law in Pennsylvania.

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Life in Allentown

Allentown, Pennsylvania is a historic town located in an area known as "Lehigh Valley". The city is best known for its large number of century-old industrial complexes, commercial structures, and historic homes.

Much of Allentown's distinctive residential architecture is concentrated in its historic district of West Park. West Park is part of a larger community known as Center City. Center City in Allentown, Pennsylvania is comprised of "stately homes" featuring Victorian and Craftsman styles of homebuilding. Federal rowhomes are also common in Allentown. The city also boasts one America's best park systems. The city's park system was influenced by the "City Beautiful" planning movement in the 1890's and early 1900's.

The culture of Allentown is largely influenced by old-world German heritage that stretches back centuries. In particular, Allentown cuisine features many traditional treats that are exemplary of "Dutch Pennsylvania" culture. Allentown, Pennsylvania is an excellent city to visit, as it hosts many events and attractions. Some events and destinations include the Mayfair Festival of the Arts, the Baum School of Art, and the Allentown Symphony Hall.

Lawyers in Allentown, Pennsylvania are available to assist residents in a number of legal fields. Allentown lawyers are familiar with the unique set of laws that govern the city. Experienced lawyers are able to assist Allentown residents with questions, legal complaints, and inquiries.

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