An limited liability company is a blend of corporate structures partnership which is is a flexible form of enterprise.

1. An limited liability company is a blend of
corporate structures partnership which is
is a flexible form of enterprise.

2. A single member LLC is easy and simple
to form, maintain as well as manage.
Adding a spouse does not change the
simplicity inherent.

3. Unless the members choose an
alternative tax classification it provides
pass-through tax treatment to avoid
double taxation.

4. Unlike
the
S
corporation,
a
Limited Liability Companies have fewer
restrictions such as the number of owners
and who can own it.