Types of LLC
Ebizfiling
1. Single Member LLC
Owned by one person, offers liability protection with simple structure and full control.
2. Multi Member LLC
Owned by two or more people sharing profits, responsibilities, and liability protection.
3. Member Managed LLC
All owners manage daily operations; ideal for small teams actively involved in the business.
4. Manager Managed LLC
Managed by selected members or outsiders; other members act as passive investors.
5. Domestic LLC
Registered and operates within the same state.
6. Foreign LLC
Formed in one state but operates in another; must register as a foreign entity in the new state.
7. Professional LLC (PLLC)
For licensed professionals like doctors or lawyers; requires state certification.
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