Starting An LLC In Florida
Wed Feb 22, 2023 by OPLawSocialMedia on News
Starting a business in Florida can be a complex and overwhelming process, but the right type of entity can help protect your personal assets and provide you with the flexibility and liability protection you need. One type of entity that many entrepreneurs consider is a Limited Liability Corporation (LLC).
LLCs are a popular choice for business owners in Florida because they provide the liability protection of a corporation while allowing for the flexibility and tax benefits of a partnership or sole proprietorship. In an LLC, the owners, also known as members, are not personally liable for the debts or obligations of the business. This means that if the business is sued or incurs debt, members’ personal assets, such as their homes, bank accounts, and personal property, are protected.