Colorado Articles of Incorporation LLC

If you are thinking about forming a Colorado limited liability company, your must develop and file the 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 and Section 7-80-204… Read more »

Registering a Colorado Single Member LLC

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 »

Colorado Limited Liability Company Act LLC Basics

Understanding the Legal Nuances of the Colorado Limited Liability Company Act Can Minimize Headaches and Costly Legal Mistakes With 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… 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 »

Colorado 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 formations and liability requirements, business owners often find themselves in legal hot water or facing lawsuits for personal liability. Understanding the differences can turn… 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 Limited Liability Company — What is it?

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 also provide a statement in the… Read more »