Delaware LLC

A Delaware LLC (Limited Liability Company) is a popular business structure that combines flexibility in management with legal protection for its owners, called members. It’s formed under Delaware law, which is known for its clear regulations and efficient courts. The LLC provides liability protection, meaning members aren't personally responsible for the company's debts. It offers pass-through taxation, so profits are taxed only at the member level, avoiding double taxation. Many businesses choose Delaware for its business-friendly environment, straightforward formation process, and strong legal protections, making it a preferred choice for startups and larger companies alike.