What is an LLC?

Find the right LLC attorney in Kirkland, WA

The Limited Liability Company, or LLC, is a business structure that combines the advantages of many traditional business forms. A LLC has the benefits of a corporation's limited liability, but avoids double taxation like a partnership or sole proprietorship. LLC's, like corporations, can also have as many shareholders, or members, as desired. The LLC, however, is dissolved if one of those members files for bankruptcy or dies. Business forms with limited liability have existed for hundreds of years, but the modern LLC became more popular in Washington since the legislature enacted laws authorizing its formation.

Can My Business Be Formed as an LLC?

The right business form is a decision left up to each business that openes in Washington. An LLC is started simply by filing the appropriate form with the Secretary of State. There may be a fee required for opening your LLC, however. Applicable Washington laws govern the formation of LLC's and their actions. These laws should certainly help you decide whether to organize as an LLC. The business structure that is appropriate for your business may take some effort to find, but finding the right business form can reward you with increased profitability.

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

Businesses in Kirkland may change their forms in specific circumstances. Whether a business may convert to a LLC or not is determined by Washington law.

How Can an Attorney Help?

Attorneys experienced in Washington business law can give you valuable input on whether your business would be more profitable as a LLC.

Talk to a Business Law Attorney now!

Life in Kirkland

Kirkland, Washington is a suburb of Seattle, and is located in King County. It has a population of approximately 47,000 people. However, in June of 2011, Kirkland will annex some surrounding unincorporated territory, adding approximately 33,000 residents.

Kirkland was first settled by Peter Kirk in 1886. Kirk saw that the area would be a good location for many industries, including steel production and shipping. Because Kirkland is situated near Lake Washington, which, thanks to the Lake Washington Ship Canal, is directly connected to the Pacific Ocean, it is extremely valuable as an inland harbor.

Kirkland is currently home to several entertainment companies, as well as several software companies, particularly those that specialize in the development of video games. This is a rapidly-growing section of the entertainment industry, and large game companies attract many talented, highly-trained professionals, including programmers, visual artists, and voice actors. As a result, Kirkland is in pretty good economic shape, with just over 5% of the population living below the poverty line, and a median family income of over ,000.

If you live in Kirkland, Washington or the surrounding areas, and need legal services, you're in luck. There are many Kirkland, Washington lawyers who are able to help you with whatever legal issue you may be facing.

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