May 7, 2010 Comments Off
An Indiana LLC is a “hybrid entity”, one in which co-owners enjoy the liability protection of limited partner status and the management participation feature of the general partners. Indiana adopted its limited liability company statute, known as the Indiana Business Flexibility Act, in 1993.
The owners of an Indiana LLC are called “members” – akin to [...]
May 7, 2010 Comments Off
An Indiana LLC offers all of the advantages that most people would point to when assessing whether to form an Indiana LLC as opposed to operating a business as a sole proprietorship. Those would include:
Limited liability and protecting personal assets.
Creates credibility with business customers and clients.
The risk of audit can be reduced in some cases.
It [...]
May 7, 2010 Comments Off
An Indiana LLC can be managed by either their members, or by a board of managers (board of managers is the term used in Indiana – some states differ slightly). This is something that needs to be specified in the articles of organization for the Indiana LLC, and although the articles can obviously be amended at [...]
April 19, 2010 Comments Off
An LLC Operating Agreement is used to define the relationship between the members of an LLC and the operating terms of a Limited Liability Company. Without an operating agreement, your Indiana LLC is subject to Indiana’s default LLC laws, as set forth in the Indiana Business Flexibility Act, IND. CODE § 23-18-1-1 et seq, which [...]
April 19, 2010 Comments Off
An LLC Operating Agreement is used to define the relationship between the members of an LLC and the operating terms of a Limited Liability Company. Without an operating agreement, your Indiana LLC is subject to Indiana’s default LLC laws, as set forth in the Indiana Business Flexibility Act, IND. CODE § 23-18-1-1 et seq, which [...]
April 7, 2010 Comments Off
If you are starting a new business, forming an Indiana Limited Liability Company is an excellent option available to you (click here to learn more about why you might form an Indiana LLC. By purchasing this package, we will form an Indiana Limited Liability Company with up to 5 members*, and provide you with the following:
Articles of Organization [...]
April 7, 2010 Comments Off
If you are starting a new business, forming an Indiana Limited Liability Company is an excellent option available to you (click here to learn more about why you might form an Indiana LLC. By purchasing this package, we will form an Indiana Limited Liability Company with up to 5 members*, and provide you with the following:
Articles of Organization [...]
April 1, 2010 Comments Off
If you are starting a new business, forming an Indiana Limited Liability Company is an excellent option available to you (click here to learn more about why you might form an Indiana LLC. By purchasing this package, we will form an Indiana Limited Liability Company for you, and provide you with the following:
Articles of Organization that [...]
April 1, 2010 Comments Off
1 BUSINESS DAY TURN AROUND!
If you are starting a new business, forming an Indiana Limited Liability Company is an excellent option available to you (click here to learn more about why you might form an Indiana LLC. By purchasing this package, we will form an Indiana Limited Liability Company for you, and provide you with the [...]