Be sued (and in many cases, the lawsuit would not be against you or your personal assets).
Pay its own taxes and realize tax savings.While you do all of the work to make the LLC a success, the LLC is its own legal entity. However, for legal reasons, you might want a clear distinction made between you and your business.īecause a limited liability company (LLC) is its own legal entity, it allows you to create that legal distinction between you and your business Advantages of a Limited Liability Company In your mind, you and your business are inseparable. Without your effort, hard work, and dedication, your business would not be the same.
