Burns and Burns PC

"The reverence of the LORD is the beginning of wisdom..." Psalm 111:10

LLC Library

Formation, Governance, Asset Protection

Limited Liability Companies (LLC) have become one of the most popular forms of business entities to form when starting a business or implementing asset protection strategies. The LLC’s popularity stems from its ability to combine the best traits of a corporation (limited liability) with those of a partnership (double taxation avoidance). Further, in Arizona, LLCs do not have mandatory annual filing requirements like corporations. As a result, LLCs have become an increasingly popular business entity to form and for good reason.

If you are looking to learn more about how, when and why to form an LLC or to better understand how to operate an existing LLC, the articles contained on this web-site are for you.


BURNS AND BURNS, P.C. does not offer legal advice on this web site. The material included on this web site is offered for general information purposes and may not include the most current legal developments. Legal information must always take into account specific facts as they relate to your situation and the information contained on this web site is general in its purpose. Do not rely on any portion of this web site as a resource for legal information without first contacting an attorney.

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