Search
  • Oliver Hadzic Law

LLC

A limited liability company (LLC) combines elements of a partnership, sole proprietorship, and a corporation to ensure that the company owners are not personally liable for their company's debts or liabilities.

What Does Limited Liability Mean?

- Limited liability means that its owners, also called members, are usually not personally responsible for the LLC's debts and lawsuits.

LLC owners must file formal documents with their state, pay a filing fee and comply with other regulations before hanging out the shingle. In some states, LLCs have to pay an additional franchise tax. Partnerships and sole proprietors don't face the same level of paperwork and fees. Unlike a corporation, an LLC does not issue stock and is not required to hold annual meetings or keep written meeting minutes.


1 view0 comments

Recent Posts

See All

Inmigración y DACA

El proceses de inmigración puede ser un proceso muy largo. Evita la posibilidad de hacer errores que puede causar que le rechacen. Nuestra oficina dedica el tiempo necesario para que su aplicación sal

Immigration

Immigration cases can be a long process. Avoid the possibility of making mistakes in the necessary documents that may cause a reason to be rejected. Our office is dedicated to spouse visa cases and ap

© 2020 Oliver Hadzic Law 

24814 Kuykendahl Rd Suite 151-B Tomball,Texas 77375

Phone: 832-725-0114

Fax: 832-210-2731

  • Facebook
  • Twitter