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LLC & Corporation Formation

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LLC Lawyer for Illinois Limited Liability Company Formation

Limited Liability Companies (LLC’s) have become an increasing popular business entity choice for several reasons, including:

  • Like corporations, they generally protect business owners from personal liability
  • They allow taxation under subchapter S, thus providing the same subchapter S taxation benefits to owners
  • They offer a greater degree of flexibility in terms of the payment of profits to equity investors
  • There generally are fewer filing requirements than corporations

As an Illinois LLC formation lawyer, I help businesses get off to the right start by assisting in all aspects of the LLC formation, including:

  • Preparing and Filing the Articles of Organization
  • Preparing an Operating Agreement
  • Helping document capital contributions by owners
  • Helping the LLC obtain a Tax ID number (Federal Employer Identification Number – EIN)
  • Helping an organization with subchapter S election, if desired or needed
  • Helping with other start-up matters, such as leases, contracts, and licenses

Is an LLC Right for Me?

At the outset, I offer a free consultation so that I can learn about the nature of your business, including matters such as:

  • Ownership – both now, and where future owners/members are desired
  • Financing needs
  • Intended future operations

Based upon these and other business aspects, I can help you determine whether an LLC may be the best fit for your company, I can also advise you on the potential advantages and disadvantages of other business forms.