What is an LLC?

Find the right LLC attorney in Neenah, WI

The Limited Liability Company, or LLC, is a business structure that combines the benefits of many traditional business forms. An LLC enjoys the same form of limited liability as a corporation, but like the sole proprietorship and partnership, it is not taxed as its own entity. 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 Wisconsin that authorized 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 Wisconsin. An LLC is started just by filing the appropriate form with the Secretary of State. Fees are frequently charged for opening LLC's, however, and Wisconsin law determines the costs for creating 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?

A business in Neenah may change its form under specific conditions. Whether or not a business is eligible for conversion to a LLC is a determination made by applicable Wisconsin laws.

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 Wisconsin.

Talk to a Business Law Attorney now!

Life in Neenah

Comprising a total of 8.6 square miles, Neenah, Wisconsin is located on beautiful Lake Winnebago. The approximately 25,000 lucky residents of the lakeside city enjoy all the perks of its picturesque location. Neenah was named for the Winnebago tribe's word for running water. Neenah was first founded in the 1800's, and originally designated as an agricultural and industrial mission to the local Menominee Indians. Neenah is home to many of the nation's major steel and paper companies. Additionally, it also houses Neenah Foundry-- a famous manhole cover producer. On the artistic side, Neenah's Bergstrom-Mahler Museum houses over 3,000 pieces of world-renowned glass art, mainly comprised of paperweights and Germanic glasswork. Not surprisingly, the museum is one of the most popular places to visit in the city. Neenah is politically independent from the town of Neenah, although its location would cause a casual oberver to reason otherwise! One thing Neenah is not lack is quality lawyers. Neenah lawyers are at the top of their game and available to represent their local clients in any legal issue he or she may find themselves dealing with. Neenah is a great city to work and visit.

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