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What is an LLC?

LLC is the acronym for Limited Liability Company, it is a type of company in the United States, it is incorporated as a limited liability company, due to its type it reduces much of the bureaucracy, and consequently the expenses related to its operation, being, mainly for small businesses, one of the most advantageous options.

At Impuls we help you create your own LLC and advise you on the necessary steps to obtain your social security (EIN) so that you can obtain your bank account and deduct many of your expenses.
Importance of an LLC

Limited Liability Protection: An LLC offers limited liability protection to its owners. This means that the owners are not personally responsible for the debts and obligations of the business. If the business faces a lawsuit or debt, the personal assets of the owners are protected.

Flexibility in management and business structure: An LLC is a flexible business structure that allows owners to make management and structure decisions as they see fit for their business. Owners can choose how the company is structured and how profits are distributed, and they can also decide how management decisions are made.

Simplified Taxes: An LLC has simplified taxes, which means that the owners of the business are only taxed on the profits of the business on their personal tax returns. There are no separate corporate taxes.

Ease of Creation and Maintenance: LLCs are easy to create and maintain compared to other business structures. Owners do not need to meet the strict requirements of a corporation.