F.A.Q: Why are LLCs popular?

Posted on

LLCs are popular because they provide several valuable advantages: — LLCs can be governed informally. While corporation laws require management formalities (such as a BOD, meetings and quorums), LLCs are a lot more informal. — LLCs have greater flexibility in deciding how to split their financial interests. An LLC can distribute its income to¬†each member … Continue reading →