Single-member LLCs are established in New York by filing Articles of Organization with the Department of State. The name of the LLC must be distinct from those currently in existence. Once the entity is established, the new entity must also fulfill the LLC publication requirement within 120 days.

Is an LLC independently owned?

All states allow LLCs to be formed, owned, and run by just one person. LLC owners are called members; thus, one-owner LLCs are called single-member limited liability companies, or SMLLCs for short. Any independent contractor can form an SMLLC to own and run a one-owner business.

Who are the owners of a LLC company?

LLCs are owned by Members. Since LLCs are based on partnership law, the owners are listed in the operating agreement that runs the company. Many LLCs like to give out Membership certificates to each member, but this is generally not required.

What kind of company is A-1 Technology Inc?

A-1 Technology Inc. (Software Outsourcing Company) an ISO 9001-2008 Certified and STPI Registered Offshore Software Development Company promises to provide highly qualitative and cost effective Custom Application Development to its clients globally.

Can a LLC be a corporation for tax purposes?

If it files an IRS form, an LLC can become a corporation (S or C) for tax purposes. Some states follow the federal rules, and many do not. “Liability” just means that if there are unpaid bills or the company loses a court case, then you as a shareholder, member, partner or owner must pay up from you personal funds or assets – like your house.

Who is the Consolidated Edison Company of New York?

Consolidated Edison Company of New York, Inc., (CECONY), a regulated utility providing electric and gas service in New York City and Westchester County, New York, and steam service in the borough of Manhattan;