subject: Maryland Attorney Services Online to Form a Maryland LLC [print this page] Maryland Attorney Services Online to Form a Maryland LLC
Forming your Maryland Corporation can be one of the most confusing and challenging tasks that you will ever take. Whether to form a corporation, an LLC, or partnership is a very important question that has many legal as well as tax implications. One of the most common business forms is a Maryland Limited Liability Company (Maryland LLC). An LLC is a business form similar to a corporation however it lacks the stringent requirements that a typical corporation has with respect to minutes and board meetings. A Maryland LLC still provides the same level of liability protection as a Maryland Corporation however with less corporate formalities. An LLC is a great business form for many types of businesses and can have
Maryland Express Legal Online provides the most efficient and cost effective way of having a Maryland Attorney form you LLC online. By simply completing a short questionnaire and submitting your responses to Maryland Express Legal, a Maryland Lawyer will review your answers and quickly prepare your Maryland Articles of Organization for filing with the State.
A Maryland Limited Liability Company created by a Maryland Attorney is a business entity created under Maryland State laws which has the characteristics of both a corporation and a partnership. Like a corporation, the owners of an LLC are not personally liable for business debts. An LLC is a pass-through entity. What this means is that all the profits and losses of the LLC "pass-through" directly to the Members of the LLC. With a typical corporation you are subject to "double-taxation" as you are taxed both at the shareholder level as well as on the personal income tax level. However, by utilizing an LLC you are classified as a pass-through entity and thus only subject to one level of taxation and avoid double taxation of a typical corporation.
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