Whether you own an existing Connecticut business or you are looking to form one, operating as an LLC (Limited Liability Company) provides two main advantages: it enables the owner or owners to construct their business as a separate legal entity, which helps shield their, as well as their managers’, personal possessions from lawsuits and other risks, and it also enables the LLC to pass on costs and profits to the owner’s or owners’ personal tax returns as opposed to being taxed as an LLC or a corporation.
The owner or owners also have the option to operate the LLC as a business, or it can be utilized to hold various property, such as real estate.
How to start an LLC in Connecticut is straightforward and explained in the next 8 steps, which our team can also assist you with any time throughout the process.
Click here to know more about #LLC in CT.
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