PDA

View Full Version : Moving from a Sole Proprietorship to LLC



turt
01-30-2014, 02:38 PM
What's the best way to move from a sole proprietorship to an LLC? I'm starting my own landscaping company but I'm afraid that due to the nature of the work, legal trouble could be possible. Apparently, a sole proprietorship allows someone to sue me personally. I'm located in Delaware.

Thanks for any help!

SteakTartare
03-18-2014, 04:29 PM
In that line of work, you certainly want to protect yourself from personal liability. An LLC or a Subchapter S corporation would make sense. Considering the nature of this work, I would consult an attorney to get things rolling. The state of Delaware, however, does have general information and the necessary forms available here (http://revenue.delaware.gov/information/faqs_llc.shtml).

Good luck!

printer
11-04-2014, 01:49 AM
My suggestion to you is consider type of work and for all details consult attorney.

RobertML
05-17-2016, 04:08 AM
No don't consult attorneys for this. Just register your LLC. The attorney will tell you the same thing and charge you a lot of money.

Daniel Jameson
05-17-2018, 03:36 AM
Multiple small businesses receive their start as a sole proprietorship. After all, it’s the default business formation. If you’re a single business owner and nevermore filed any official formation paperwork with the state, then you can opt for sole proprietorship.

6 Simple Ideas to Moving From Sole Proprietor to LLC

1.Research to Make Sure Your Business Name is Available in Your State
2.File Articles of Incorporation with Your State Government Office
3.Create an LLC Operating Agreement
4.Register with the IRS
5.Apply for a New Bank Account
6.Apply for Business Licenses and Permits

j.comp
04-25-2019, 09:52 PM
Delaware is a great state to incorporate a business in, so you're in a good spot! For a quick and simple legal process, you could try SmackDocs.com. They have some great ready-made documents that you can customize for your landscaping company. Here is a link to the Delaware Incorporation documents: https://www.smackdocs.com/downloads/formation-documents-for-delaware-corporation/

silklogisticspk
04-12-2020, 03:11 AM
there will no legal trouble i think so but you have complete all the documents for LLC

speeduser
01-25-2021, 01:09 PM
There will be a lot of documentary requirements involved with it. However, if you complied with it, it will be very easy. - Green Water Technologies (https://wikiland.net/green-water-technologies/)