A Business LLC is a Limited Liability Company for people who want limited liability protection with their business. Registering a company this way is beneficial for those who want to keep business debts and liabilities of the LLC totally separate from their personal assets, thus protecting their individual accounts and properties if for some reason there is ever a judgment against their business.
Taxation with a Business LLC allows those to who are owners of the business to handle profit/loss at the individual level, rather than be responsible for those taxes at the business level – also known as pass-through taxation. Registering a company this way is ideal for those who do not want to worry about filing a corporate tax return.
At Paramount Documents we are experienced with handling the filing and approval of the Business LLC in whichever state the account owner would like it formed, we also provide the FEIN (taxpayer ID number) and the Operating Agreement. Business LLC filing fees vary by state but Paramount Documents makes the whole formation process hassle-free.
** If the account owner is interested in purchasing only the Operating Agreement component, we can provide that service at a cost of $400.