Limited Liability Company (LLC)

An Limited Liability Company (LLC) is the best of both worlds when it comes to entities. An LLC offers the benefits of limited liability, taxations as a partnership, and management flexibility. An LLC can elect to be “manager-managed” or “member-managed.”

Choosing The Right Entity Why your Startup or Small Business Should (likely) Be An LLC The Company Agreement Explained: Member-Managed v. Manager-Managed

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Vela Wood is a Texas based, startup focused law firm with a local feel and a global impact. VW has counseled thousands of small businesses and startups and facilitated nearly $500M in early-stage financings. For more information please visit our website.

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