Maine LLC
For Maine LLC prices and State fees, please visit the costs page for forming an LLC in Maine.
A Maine Limited Liability Company combines the favorable taxation of a partnership and the limited liability of a corporation. Maine LLC Formation separates the member/owners from the business liability and is regarded as a separate legal entity. A single member Maine 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.
Maine llc formation creates a separate legal entity that shields the owners of the business from liability, debt and contractual obligations, the business is viewed as a separate "person" that is responsible for the Maine LLC liabilities. In order to maximize the protection the company can provide, it must be operated correctly. Examples of these formalities include filings to maintain standing with the Maine State Office, as well as operational formalities, such as not commingling personal and company funds and documenting business decisions made by the officers in annual meeting minutes of the shareholders. For more information on Maine Limited Liability Company, you can call Companies Incorporated at (800) 830-1055.
Maine Limited Liability Company is a strong alternative to an unincorporated business or a corporation. There are many ways to take advantage of the limited liability of a Maine LLC and Maine llc formation adds a layer of protection for the business owners. The company is a separate legal entity and is responsible for its debts; therefore a creditor cannot seize the business owners’ assets for company debts. This is not the case if the owners of the company personally sign for debts or sign guarantees personally. For more information on Limited Liability Companies, call Companies Incorporated at (800) 830-1055.
