There are several benefits associated with establishing your business as a limited liability company, or LLC, in the state of Missouri. An LLC protects the business owners from being personally liable for the company’s debts and any judgments issued against it. There are fewer formalities that must be followed when you choose to structure your business as an LLC as opposed to a corporation. A St. Louis business law attorney can offer valuable advice and ensure that the steps for forming an LLC are properly executed.
How to Form an LLC
Registration for a LLC can be filed online or submitted as a paper application to the Missouri Secretary of State. You must choose a name that is distinguishable from other names that have already been filed. The name needs to also include the term “Limited Liability Company,” “Limited Company” or abbreviations that indicate it is a limited liability company.
When you create an LLC, the articles of organization need to be completed. It is a legal document that lists the company’s name, the name and address of the registered agent, the manager(s) of the company, the purpose of the business and the length of time the business will exist. You will also need to obtain an employer identification number from the Internal Revenue Service if the LLC has more than one member or if you choose to have the company taxed as a corporation.
Consult a St. Louis Business Lawyer
There are various legal issues involved with forming a business. If you need assistance with setting up an LLC, contact an experienced St. Louis business law attorney. The Law Office of Christopher Bent uses its expertise to protect the interests of business owners and resolve their problems in a cost-effective manner. Call the Law Office of Christopher Bent today at 314-551-0898 to schedule a confidential consultation.