Connecticut LLC

For Connecticut LLC prices and State fees, please visit the costs page for forming an LLC in Connecticut.

A Connecticut Limited Liability Company combines the favorable taxation of a partnership and the limited liability of a corporation. Connecticut LLC Formation separates the member/owners from the business liability and is regarded as a separate legal entity. A single member Connecticut LLC can be taxed as a corporation or disregarded entity (for taxation) due to some IRS rules and regulations regarding single owner LLC’s. Multiple owner LLC’s may choose to be taxed as a partnership or a corporation seek the advise of a financial professional for what applies to you. You can contact Companies Incorporated to find out more about LLC’s by calling (800) 830-1055.

Connecticut Limited Liability Company offers a great deal of protection between the owners’ personal life and that of the business. To maximize the protection of a Connecticut LLC, the company must be operated correctly, and although Connecticut llc formation has fewer formalities than a corporation, it is always good practice to ensure that the business is operating as its own entity. Some examples are; maintain good standing with the Connecticut state office by filing timely annual reports, maintain a registered agent, or a physical address on public record for the business and document decisions made by the directors / officers of the company that are approved by the shareholders, or owners. For more information on incorporating and forming an LLC, call Companies Incorporated at (800) 830-1055.

A Connecticut LLC is a "pass through" tax entity. This means that the profit and losses of the company are passed on to those who own it and reported on their personal tax filings / returns. The Connecticut Limited Liability Company does not pay business taxes at the company level, any tax due is paid at the individual level of the owners. Connecticut llc formation has tax advantages that include the option to have the company taxed as a corporation, otherwise it is taxed as a partnership or sole proprietorship, however the need to file itemized business deductions, or a schedule K-1, is unnecessary. For more information on Limited Liability Companies, call Companies Incorporated at (800) 830-1055.