What is an LLC?

Find the right LLC attorney in Longview, TX

The Limited Liability Company, or LLC, is a legal business structure that seeks to combine advantages from across several other traditional business forms. Limited liability is an advantage that the LLC shares with the corporation, but instead of being taxed as its own entity, it is viewed more like a sole proprietorship or partnership for tax purposes. Like a corporation, a LLC can have unlimited shareholders, called members. But a main difference is if one of these shareholders dies or files for bankruptcy, the LLC is dissolved and will stop operations unless the remaining members form a new LLC. Many business forms have traditionally been aimed at the goal of limited liability, but the LLC is the most modern of these forms, having become popular since the enactment of laws in Texas that authorized its formation.

Can My Business Be Formed as an LLC?

In Texas, a business can be formed using the form that it chooses. Opening an LLC just requires that the business founders file a form with the Secretary of State. However, fees are regularly required to form a LLC. The actions of LLC's as well as the costs for operating them are determined by Texas law. In deciding whether you should organize as an LLC, you should consider carefully the applicable laws. Finding the right business structure for your company may lead to increased profits, but the process may take some time.

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

Businesses in Longview may change their forms in particular circumstances. Whether a business may convert to a LLC or not is determined by Texas law.

How Can an Attorney Help?

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

Talk to a Business Law Attorney now!

Life in Longview

Longview is located in both Gregg and Harrison Counties, in the state of Texas. It has a population of around 80,500 people. Surrounding highways include Interstate 20, U.S. Highway 80, and U.S. Highway 259. The beautiful Sabine River is quite near!

Most residents are employed by East Texas Oil Field, Kohl's, Starbucks, Target, and Wal-Mart. As evidence, the retail industry drives the economy. Some well-experienced lawyers who have wanted a break from the large firm scene have established small law offices in Longview. These attorneys are capable of handling any and every legal need.

Some famous poeple who have called Longview home include Rodney Carrington, Chris Davis, Evonne Hsu, Bill P. Keith, Malcolm Kelly, Linda Maxey, Mike Martin, Miranda Lambert, Ben Spies, James Street, Frank Steen and Bobby Taylor.

Overall, Longview is a great place to live or visit.

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