At Shapiro Croland, our New Jersey corporate lawyers have assisted numerous clients in forming and filing new limited liability companies or “LLCs”. A New Jersey LLC offers business entrepreneurs the form of corporate organization that provides perhaps the most flexibility to you. An LLC formation, like a limited partnership or a Sub-Chapter S Corporation, are generally prime candidates for a business just starting.
An advantage of a New Jersey LLC is that you can gain the protection of law in terms of separating out your personal assets from the future liabilities of your New Jersey LLC as it conducts business, and where its creditors could look into litigation in order to satisfy the LLC’s financial obligations. A tax benefit of an LLC is that your New Jersey LLC qualifies as a “pass through” vehicle, accordingly is not taxed at either the state of federal level, so long as your New Jersey LLC remains in good corporate standing.
Also, contrary to the C Corporation or the Sub-Chapter S Corporation which require annual meetings and written minutes along with other corporate formalities, your New Jersey LLC does not require you to maintain such meetings and records.
Our New Jersey business lawyers can provide you with the necessary information and facilitate the process when you’re ready to form an LLC in New Jersey, including same day service for limited liability company filings.
Contact a New Jersey limited liability company lawyer today.
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