Colorado LLC Articles of Incorporation & Business Documents

If you are thinking about forming a Colorado limited liability company, you must develop and file the Business or LLC Articles of Incorporation with the Secretary of State. Other states may sometimes refer to the articles as a certificate of incorporation. Colorado Articles of Incorporation are governed by Section 7-80-203… Read more »

Single Member LLC Colorado Filing Requirements

There are various types of business entities under the various state laws. In the case of a Colorado single member LLC, this business entity only has one member. Unless the business owner chooses to become a disregarded company for tax purposes, the IRS will treat your business like a corporation…. Read more »

CO Limited Liability Company Act & Colorado LLC Laws Basics

Understanding the Legal Nuances of the Colorado LLC Act Can Minimize Headaches and Costly Legal Mistakes With Colorado LLC Laws. Many start-up companies in Colorado elect the LLC business entity. However, failure to follow the basic statutory requirements can expose business owners to personal liability. Although easy to  start an… Read more »

Colorado Limited Liability Company Act & Tips For Compliance

The Colorado Limited Liability Company Act has a wealth of information related to operating LLC’s. However, the following are only but a few of the basics that business owners should know. Without proper formation or compliance with the Colorado Limited Liability Company Act, your personal assets can be exposed to… Read more »

Colorado LLC Laws — LLC Personal Liability Protection

LLC Personal liability protection is somewhat reduced under Colorado LLC laws when compared to other states. In 2012, the Colorado Court of Appeals “pierced the corporate veil” by deciding that business owners or corporations and limited liability companies are liable for personally responsible for business debts. See Martin v. Freeman, 2012… Read more »

Limited Liability Company vs Limited Liability Corporation Ltd vs LLC

 Choosing whether to start a Colorado Limited Liability Company vs Limited Liability Corporation is a question that many small business owners ask in Colorado.  Without a deep understanding of the corporate legal formations and liability exposure, business owners often find themselves in legal trouble or facing lawsuits for personal liability. Understanding the differences… Read more »

What is a Business Partnership?

A partnership in business is the relationship formed between two or more persons who carry on a business or trade for a profit. A complete definition of a partnership agreement is determined on a state by state basis within the state statutes. Regardless of whether you have a business partnership agreement in place,… Read more »

Colorado LLC Advantages and Disadvantages

What are LLC advantages and disadvantages? As a new business owner, when forming a new company, you want to know what type of legal entity best suits your business goals. People are aware that a limited liability company is one of the easiest to form. However, depending upon the business’ goals… Read more »

Colorado Limited Liability Company — What is an LLC?

What is an LLC in Colorado? A Colorado Limited Liability LLC Company means a business structure allowed by Colorado statute. If you are forming a CO LLC you want to ensure that you consult with your state law or business lawyer to understand your responsibilities and legal obligations. Limited Liability Company members must… Read more »