Fort Lauderdale LLC Formation Attorneys
Have you decided to form a limited liability company (LLC) by yourself or with business partners? If so, you should consider partnering with an experienced attorney to ensure your venture is set up for success. At Salas Law Firm, our seasoned business law attorneys can guide you through the complexities of LLC formation and help you establish a strong foundation for your Florida business.
Set up a consultation to discuss our offerings and how we have supported people in situations like yours. We can conduct these meetings at our Fort Lauderdale office or arrange them virtually if the latter is most convenient for your busy schedule.
Partner with our Fort Lauderdale LLC formation lawyers by calling (954) 420-6406 or contacting the firm online.
What Is an LLC?
An LLC is a popular business structure that combines elements of corporations and partnerships/sole proprietorships. It is relatively easy to form and maintain.
Not to mention, LLCs offer several benefits, including the following:
Limited Liability
One of the main reasons people choose to form an LLC is its liability protection (hence the name). The personal assets of an LLC's members, such as homes or cars, are typically shielded from legal actions that creditors and others may take against the company. In other words, should your LLC be the subject of a lawsuit or accrue debt, you will not be personally responsible for these liabilities.
Pass-Through Taxation
Unlike corporations, where profits are taxed at corporate and individual levels, LLCs qualify for pass-through taxation. As such, profits are only taxed as part of the owner's income tax return. The result is tax savings that you may not be able to get with other business structures.
How to Form an LLC in Florida
The steps involved in forming an LLC generally include:
- Choosing a business name that complies with Florida's naming requirements
- Filing articles of organization with the Florida Division of Corporations
- Appointing a registered agent who will be responsible for receiving legal documents on behalf of the LLC
- Drafting an operating agreement that outlines the LLC’s management and ownership, as well as its financial and operational policies
- Obtaining any necessary licenses and permits required for your specific business activities
- Registering for state taxes and obtaining an employer identification number (EIN) from the Internal Revenue Service (IRS)
Although forming an LLC may seem relatively straightforward, it can become complicated very quickly. This is why the direction of an experienced attorney, such as ours at Salas Law Firm, is beneficial. Our team can make certain you complete and submit all necessary paperwork, adhere to relevant deadlines, and avoid setbacks that could compromise your business. Plus, we can deliver ongoing support as you and your LLC members endeavor to make your company a success.
Excellence in Law, Unwavering Ethics What Sets Salas Law Firm Apart?
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We pride ourselves on delivering high-quality legal counsel in both English and Spanish across a wide range of practice areas, including Real Estate, Business, and Contract Law.
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At Salas Law Firm, we offer expert legal guidance not only in Real Estate Law but also in Business and Contract Law, ensuring your legal needs are covered from every angle.
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Whether handling complex real estate transactions, business contracts, or foreclosure defense, Salas Law Firm provides comprehensive legal services across various practice areas.
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From real estate transactions and title services to business law and contract disputes, Salas Law Firm offers comprehensive legal support across multiple areas.
Questions About LLCs? Consult Our Attorneys.
At Salas Law Firm, we have helped numerous entrepreneurs seamlessly establish LLCs in Fort Lauderdale and throughout Florida. Are you unsure whether an LLC is right for your business? Do you want guidance during the formation process? Whatever your needs, you can trust them with us. Our goal is to provide practical solutions that simplify life and business for our clients.
Start with Salas Law Firm by calling (954) 420-6406 or connecting with us online. We proudly serve Fort Lauderdale, Plantation, and other areas in Broward County. We also partner with clients in and around Naples.