One-member LLCQuestion Can I form a one-member limited liability company (LLC)?
Answer Yes. Every state allows a single owner to form a limited liability company (LLC) under state law. In an LLC, owners are called "members" with at least one member being the Managing Member.
Brain Trust contributor:
Author of J.K. Lasser's Small Business Taxes 2007
Related Categories: Accounting, Finance, Taxes, Business Structure
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