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You can get an LLC in North Carolina in 2-5 business days if you file online (or 2-3 weeks if you file by mail). If you need your North Carolina LLC faster, you can pay for expedited processing.
10 Frequently Asked Questions About LLCs What is an LLC? ... What are the tax benefits of LLCs? ... In what state should you form your LLC? ... What is the easiest way to form an LLC? ... What are the costs of forming an LLC? ... What are the key documents involved in forming an LLC? ... What can I name my LLC? ... How are LLCs owned and managed?
Because an LLC is a separate entity, the owners of the company have limited liability. This is one of the most important benefits to operating as a limited liability company. Limited liability means that the individual assets of LLC members cannot be used to satisfy the LLC's debts and obligations.
LLCs can have an unlimited number of members; S corps can have no more than 100 shareholders (owners). Non-U.S. citizens/residents can be members of LLCs; S corps may not have non-U.S. citizens/residents as shareholders.
Although North Carolina's laws do not require LLCs to have operating agreements, you are still encouraged to have one to protect the operations of your business. Having an operating agreement is critical to ensure that your business is legally compliant and that all of the proper procedures and policies are followed.
Limited Liability Company Examples The same is true about Johnson and Johnsons, Hertz Rent-a-Car, eBay, and IBM. These businesses could easily adjust their business structure and take advantage of corporate tax laws, but there are still sometimes advantages to remaining an LLC.
To register your LLC in NC, you must North Carolina file articles of organization with the Secretary of State. For a North Carolina LLC, the articles must include: Your LLC name. The name and address of each member signing the articles.
Before you establish a business in the State of California, you should consult with a private attorney or tax advisor for advice about what type of business entity will meet your business needs, and what your legal obligations will be.