Limited Liability Company (LLC)
Law Office of David M. Goldman PLLC represents individuals and Florida Businesses in Jacksonville and the surrounding areas in Florida Business law and Florida Business Formation. Our Florida Business Attorneys and Florida Business Lawyers work with clients in to help them choose the correct entity to use when conducting business.
The LLC is only 30 years old and was created in Wyoming in 1977 in response to the need for a business entity that provided limited liability without the need to incorporate.
Only 5 years later, Florida enacted statutes to create Florida Limited Liabilty Companies.
The Florida Limited Liability takes the best aspects of the partnership and corporation, as well as some unique aspects and lets you elect how to be treated with respect to taxing and liability. As a result the Florida Limited Liability Company is rapidly becoming the most popular choice for business entities. There are limited situations when this may not be the best choice and a carful discussion of your circumstances with a Florida Business Lawyer and accounting professional who are familiar with the benefits of a LLC is important.
Without proper setup and selection of the managers, members, and a carefully tailored LLC Operating Agreement designed with your individual issues, the LLC can loose the ability to protect your individual assets. In addition the Florida LLC, when properly formed and documented can do something that a corporation can never do: PROTECT YOUR BUSINESS FROM THE PERSONAL LIABILITY OF THE OWNERS.
There are important choices with the management and taxing of a Florida LLC that should be considered and discussed prior to the formation. Please review the links on Florida LLC Management, Florida LLC Taxing, and Florida LLC Asset Protection as well as the comparisons to other Florida Business Entity choices. If you need help with starting or managing a Florida Business CONTACT our Florida Business Lawyers by email or call us at 904-685-1200 to discuss your situation today.