Business24 Feb 2008 11:40 pm
The advantages of a ny llc far outweigh the drawbacks in most cases and more and more investors are choosing LLC in New York as investments instead of the other types kinds of traditional investments. This is despite the fact that the state of New York charges LLCs certain taxes for their ability to provide limited liability. There are many unique legal provisions concerning LLCs in New York that must be considered. One must consult with a qualified attorneys before investing in an LLC based in New York or forming one in the State.