Starting a business is a very critical time for any owner, and its best to do things right the first time. Cloud Company Services has extremely knowledgeable and experienced team members that are ready to help take your business off the ground and get the ball rolling.
There are many ways to incorporate and start your business. Of all the corporation and company types available, an LLC (Limited Liability Company) is the best option for any small to medium sized business. Having an LLC provides many advantages and benefits for the owner.
Benefits of the LLC entity:
- Owners need not be United States citizens
- Owners have limited liability from business debts
- LLC is not a separate taxable entity, which eliminates the threat of double taxation
- Can include more than 35 shareholders
- Limited personal liability: pass through income/loss to your personal income