Limited Liability Partnership 

The LLP (Limited Liability Partnership) is a well-known type of legal entity in the United States, that involves typically more than 1 member/partner.  
The LLP can be set up or used for basically any type of industry in the US and has relative few bureaucratic requirements.  

There is not a better deal if you are interested in taking advantage of online formation services through LLP market entry packages. If you simply need basic LLP formation services, there are less expensive options out there — but they do not offer entrepreneurial and market entry support, to give way to your overseas success. Especially when dealing overseas, it’s important to work with an agent such as Bolder Launch, to get familiar with all legal and tax consequences, and have a full overview of what to expect. Globalization just starts with the formation of the entity, but it does not stop there.  

Delaware, Florida, or any other State?

The Delaware LLP is one of the US’s most popular States because of its ease of business for digital nomads, and international SMEs that wish to have a (tax) presence in the US. Delaware is particularly interesting for companies looking to expand, without planning to develop local activities, a workforce or opening a physical location. According to CNBC, the top four of favorite states for doing business are Virginia, North Carolina, Utah and Texas.  

Florida, known as the ‘Sunny State’, is also popular among international investors, funds and multinationals for its low taxes and flexible corporate law. Bolder Launch has physical locations in Miami and New York, but we can assist you with the formation of an LLP in any US State. Contact us for a free consult on what the options are! 

Set up a US LLP: Quick Facts

• Asset Protection. LLPs keep your income and losses and your business’s income and losses separate.  
• Official Presence in the US. Your company becomes a state-recognized entity. Not only is that distinction important on an official government level, but you’ll likely find clients and others more willing to take you seriously when you have that “LLP” behind your company’s name. 
• Flexible Corporate Structure.  LLPs have much more flexibility in how they operate and make decisions for the business. 
• Less Reporting Requirements. Generally speaking, LLPs have fewer annual reporting requirements than corporations. 

Here are five simple steps to set up your LLP in the United States today with Bolder Launch