What is an LLC?

Find the right LLC attorney in West Allis, WI

The Limited Liability Company, or LLC, is a business structure that combines the advantages of many traditional business forms. An LLC enjoys the same type of limited liability as a corporation, but like the sole proprietorship and partnership, it is not taxed as its own entity. 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. Various forms of limited liability companies have been around for hundreds years, but the modern LLC, like the legislature enacted in Wisconsin, became more popular in the past several decades.

Can My Business Be Formed as an LLC?

In Wisconsin, a business can be formed using the form that it chooses. Opening an LLC simply requires that the business founders file a form with the Secretary of State. However, fees are often required to form a LLC. The actions of LLC's as well as the costs for operating them are determined by Wisconsin 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 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 West Allis may change their forms in certain circumstances. Whether a business may convert to a LLC or not is determined by Wisconsin law.

How Can an Attorney Help?

Attorneys experienced in Wisconsin 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 West Allis

West Allis, Wisconsin is a charming city located in the greater Milwaukee area. West Allis has a sizeable population of just under 65,000 residents and is a very popular place to visit in Wisconsin. The city is located on 11.4 square miles.

West Allis is home to the Wisconsin State Fair, and the fairgrounds are a popular place for concerts and other activities in addition to the fair. West Allis has a lot of activities for residents to enjoy including parks, trails, and movie theaters. The Root and Kinnickinnic Rivers flow through parts of West Allis, which makes for some lush landscape and beauty for residents and visitors to enjoy.

West Allis is also home to some fabulous lawyers. Lawyers practicing in West Allis are trained to help their local client in any legal matter he or she is facing. Many West Allis lawyers grew up in the city and decided to practice there and their appreciation for their community is evident. In addition to great lawyers, West Allis has a wonderful professional community which makes this city a great place to work in. Whether visiting or living, West Allis has it all!

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