Forming an American LLC offers several advantages:

1. Limited Liability: Protects personal assets from business debts and liabilities.
2. Pass-through Taxation: Profits and losses pass through to members’ personal tax returns, avoiding double taxation.
3. Flexibility in Management: Members can manage the LLC or appoint managers.
4. Few Formalities: Less stringent requirements compared to corporations, such as fewer meetings and less record-keeping.
5. Credibility: Enhances the business’s credibility with customers, suppliers, and lenders.
6. Flexible Profit Distribution: Profits can be distributed in different proportions than ownership percentages.
7. Perpetual Existence: Continues to exist even if a member leaves or passes away.
8. Ease of Formation and Maintenance: Generally simpler and cheaper to form and maintain than corporations.

For a consultation in German language visit our webpage www.einfach-llc.de and for direct questions please send us an email on our contact page.