NCH is the leading provider for the formation of Nevada Corporations and Nevada LLCs, asset protection strategies and many other business and financial services. Unlike other incorporating companies, NCH offers a wide range of services to help your business succeed.
Understanding a Limited Liability Company
- Many states don’t have strict regulations on who can become an owner of an LLC. Everyone, including individuals, corporations, and foreign entities, can be a member.
LLC is a formal business organization that requires the articles of organization to be filed with the states. Many individuals favor it more as it is easier to set up than a corporation and provides more protection for its owners.
One of the most significant reasons owners prefer LLCs is that federal taxes are not paid directly. Instead, the owner’s personal tax returns report these profits and losses.
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lreed@nchinc.com
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