Converting to an LLC
You can convert to a limited liability company if you are currently doing business as a sole proprietorship, partnership, or corporation. Stockholders can benefit from reduced administrative requirements and costs by converting their corporation to a limited liability company. Sole proprietors and partners can protect themselves from personal liability for business debts and claims by making the conversion. Your lawyer can help you analyze the costs and benefits of a conversion and prepare the documents that you will need.
The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation.
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