Many states charge you annual fees to keep your LLC running. If you don't officially shut down the company, you'll still be charged, possibly with late fees. Some states will dissolve the LLC after that, but not all. If you operate in several states, you will have to officially formalize in all of them.
What happens to an unused llc?
Many states charge you annual fees to keep your LLC running. If you don't officially shut down the company, you'll still be charged, possibly with late fees.
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Can i set up a limited liability company for free?
How can I set up a limited liability company myself? And how can I keep costs down? In this blog, we tell you how to do it, and why you should do it. Read more
Does incorporation save money on taxes?
A limited liability company is a good choice for a small business. There are many benefits to this type of company, including tax benefits. Read more here.
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How much is it to register an LLC?
How much does it cost to register an LLC? The cost to set up an LLC varies by state. Find out more about the fees involved with forming an llc. Read more here.
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What is the disadvantage of a limited liability company?
An LLC is an entity that has limited liability for its owners and LLCs are popular. Read here to discover the disadvantages of a limited liability company (LLC)
