Personal liability protection, also called the "corporate veil". A business entity such as an LLC protects owners from being personally accountable for business liabilities or debts. A business owner using a (DBA) name is liable for business actions and debts.

Both LLCs and Corporations can offer personal liability protection, referred to as the "corporate veil". However, the LLC is considered a less formal business structure and can be easier to maintain, as they have less formal record keeping requirements. A Corporation (Inc) can issue shares of stock and go public, an LLC cannot.

LLC, Corporation and Nonprofit business structures offer personal liability protection, the "corporate veil". By operating under a DBA or Partnership, you are simply registering the business name, but don't get the "corporate veil" of protection.

Most business owners act as their own registered agent, however if you have an out-of-state address, or want to name an outside person or business entity as the registered agent, NFS US can appoint a registered agent on your behalf for a anual fee ($199/year).

Most states require LLCs or Corporations to be renewed every year, by filing an Annual or Periodic Report, however some states do not require LLCs to renew. Most DBAs also need to be renewed annually, biannually or every 5 years, and missing a renewal date usually costs an additional filing fee. Our team will help insure you never miss a filing deadline.