creative zone

Forming an LLC is a major decision for many business owners. An LLC, or limited liability company, provides personal asset protection and can help simplify the tax process for your business. Whether you are getting ready to start a new business or transition an existing one, understanding the process of forming an LLC is essential.The first step in forming an LLC is to choose a legal name for your company that complies with state regulations and isn’t already taken by another business. Once you have settled on a suitable name, it must be registered with the state government office responsible for registering businesses. After registering the name and paying any associated fees, you will need to create articles of organization which detail important information about the company such as its purpose and ownership structure.