Form Missouri LLC- Limited Liability Company
By forming a Missouri LLC, you can protect your personal assets and avail all the benefits of corporate tax exemption. To set up a state LLC in Missouri, you do not need to invest heavily as not much paperwork is involved. In comparison to other states, you will find that the yearly filing fees are quite low at Missouri. By doing a corporate organization in Missouri, your business is going to attain success, especially with all fifty states recognizing it.
Advantages of Missouri - Limited Liability Company
Your personal assets are separated from corporate liabilities. This means that you are not going to lose your home or car if you are not able to repay money to your creditors.
- By forming a Missouri Limited Liability Company you get a good chance to raise bank finance and private equity capital. If you are interested in a public offering, you need to convert your LLC into a C-Corporation.
- There is no restriction on business owners with regard to conducting meetings and submitting written minutes.
- Business owners can develop dividend policy on the basis of the terms and conditions that were set before the LLC formation. The “dollar per share” rule is not applicable in a Missouri LLC.