Limited Liability Companies For Dummies, 2nd Edition

Limited Liability Companies (LLCs) are hybrid business structures that provide entrepreneurs and prospective business owners with personal asset protection, plus the tax advantages and operational flexibility of a partnership. It is one of easiest and most inexpensive forms of ownership to organize, but is it right for everyone?

The second edition of Limited Liability Companies For Dummies® (Wiley, 978-0-470-88142-2) explains in step-by-step detail whether a LLC might be right for a reader, and how to successfully set up such a company. The book shares insider tips on the specific rules and requirements that vary based on location, as well as how to save on taxes, structure the partnership, convert an existing company to an LLC, hire professional help, and know when it might be time to dissolve the company. The book's accompanying CD-ROM enables readers to quickly and accurately prepare all the paperwork their state requires, virtually insuring the company will start right.